BBN

BlackRock Taxable Municipal Bond Trust is a closed-end investment trust that primarily invests in taxable municipal bonds. The trust aims to provide investors with a high level of current income while preserving capital. It operates by pooling investor capital to purchase a diversified portfolio of municipal bonds, which are debt securities issued by state and local governments. The trust serves individual and institutional investors seeking exposure to fixed income securities, particularly in the municipal bond market, and operates primarily in the United States.