Returns
| Series | 1 week | 1 month | 3 months | 6 months | YTD | 1 year | 3 years (ann.) | 5 years (ann.) | 10 years (ann.) | Since inception (ann.) |
|---|---|---|---|---|---|---|---|---|---|---|
| Market-price return | +0.91% | -4.82% | -9.53% | -11.53% | -11.58% | -14.36% | -1.61% | -10.85% | -4.46% | -2.00% |
| Market-price total return | +0.91% | -4.19% | -7.80% | -8.15% | -6.53% | -7.86% | +5.32% | -4.45% | +2.02% | +4.97% |
| NAV return | +1.16% | -3.03% | -6.67% | -9.32% | -9.38% | -11.48% | -1.65% | -9.26% | -4.17% | -1.21% |
| NAV total return | +1.16% | -2.44% | -4.98% | -6.05% | -4.49% | -5.10% | +4.88% | -3.04% | +2.13% | +5.53% |
Performance through Oct 14, 2026. Price and NAV returns are simple changes; total returns reinvest each distribution at the series value on its ex-date (first observation on/after). Periods of one year or less are cumulative; longer periods are annualised. Series are built from unadjusted prices plus the distribution record so no distribution is counted twice. Corporate actions: the vendor price series is split-adjusted; rights offerings and mergers are not restated — check Corporate Actions.
Growth of $10,000, five years
Risk statistics
| Statistic | Market price | NAV | Specification |
|---|---|---|---|
| Volatility, 1 year | 0.09% | 0.07% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.11% | 0.09% | as above |
| Volatility, 5 years | 0.15% | 0.11% | as above |
| Maximum drawdown, 3 years | -12.84% | -9.08% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | 0.09 | 0.14 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | 0.13 | 0.19 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 1.63 | — | MUB (U.S. municipal bond ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.59 | — | as above |
| Observations (3y) | 751 | — | minimum 60; rankings require 500 |
Market-price and NAV volatility are different quantities and are never mixed. NAV volatility for funds holding stale-marked or illiquid assets can understate economic risk.
CEF Explorer research page for BlackRock Taxable Municipal Bond Trust. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.