BLACKROCK VIRGINIA MUNICIPAL BOND TRUST (BHV)
The BlackRock Virginia Municipal Bond Trust (BHV) functions as a closed-end mutual fund, concentrating its investments within the fixed-income sector. Launched by BlackRock, Inc., the fund's investment management is handled by BlackRock Advisors, LLC. It primarily directs its capital towards the U.S. fixed income market, with a special focus on high-quality, investment-grade municipal bonds. These specific bonds offer the advantage of being exempt from both federal income taxes and personal income taxes in Virginia. This U.S.-domiciled trust began its operations on April 25, 2002.
Industry: Asset Management - Bonds
BlackRock Virginia Municipal Bond Trust
NYSE:BHVFinancial Services · Asset Management - Bonds
+2.55%$11.46
AH Close$11.46+0.00%vs close
AH Close$11.46+0.00%vs close
Mkt Cap$36.41M
Float1.58M
O/S3.18M
Inst Own4.1%
SI<0.1%
Div Yield4.82%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.37M
Net Income$1.22M
Total Assets$29.41M
Free Cash Flow$466K
Debt & Equity
Debt 40%
Equity 60%
Total Debt$11.56M
Total Equity$17.7M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in BHV's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$29.41M
Liabilities$11.71M
Accounts Receivable$340K
Accounts Payable$0
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-07-31 | 2025-07-31 | 2024-07-31 | 2023-07-31 | 2022-07-31 | 2021-08-31 | 2020-08-31 |
| Revenue | $1.37M | $1M | $917K | -$71K | $1.13M | $1.43M | $1.18M |
| YoY Growth | 36.0% | 9.4% | -1400.2% | -106.3% | -21.5% | 22.0% | - |
| Cost of Revenue | $242K | $261K | $524K | $277K | $292K | $301K | $358K |
| Gross Profit | $1.12M | $743K | $917K | -$347K | $834K | $1.13M | $818K |
| Gross Margin | 82.3% | 74.0% | 100.0% | 492.2% | 74.1% | 79.0% | 69.6% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $0 | $415K | $154K | $152K | $0 | $0 | $0 |
| Other | -$588K | $0 | $0 | $25K | -$4.01M | $468K | -$122K |
| Total Operating Expenses | -$588K | $415K | $133K | $128K | -$4.01M | $468K | -$122K |
| Operating Income (EBIT) | $1.71M | -$964K | $784K | -$322K | -$3.17M | $1.6M | $696K |
| Operating Margin | 125.3% | -96.1% | 85.5% | 456.4% | -281.7% | 111.7% | 59.2% |
| Interest Expense | $399K | $0 | $524K | $490K | $0 | $158K | $232K |
| Interest Income | $1.38M | -$447K | $1.38M | $1.32M | $0 | $1.39M | $1.53M |
| Other Income (Expense) | -$488K | -$529K | -$93K | -$490K | -$191K | $778K | -$239K |
| Income Before Tax (EBT) | $1.22M | -$1.49M | $690K | -$812K | -$3.36M | $1.44M | $458K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $1.22M | -$1.49M | $690K | -$812K | -$3.36M | $1.44M | $458K |
| Net Income Margin | 89.6% | -148.8% | 75.3% | 1150.6% | -298.6% | 100.6% | 38.9% |
| Supplementary Data | |||||||
| EPS | 0.77 | -0.94 | 0.43 | -0.51 | -2.09 | 0.90 | 0.28 |
| Diluted EPS | 0.77 | -0.94 | 0.43 | -0.51 | -2.09 | 0.90 | 0.28 |
| Weighted Average OS | 1.59M | 1.59M | 1.59M | 1.60M | 1.61M | 1.61M | 1.61M |
| EBITDA | $1.62M | -$964K | $1.31M | -$322K | -$3.17M | $1.6M | $696K |
| EBITDA Margin | 118.8% | -96.1% | 142.6% | 456.4% | -281.7% | 111.7% | 59.2% |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-07-31 | 2025-07-31 | 2024-07-31 | 2023-07-31 | 2022-07-31 | 2021-08-31 | 2020-08-31 |
| Assets | |||||||
| Current Assets | |||||||
| Cash and Cash Equivalents | $884K | $1.11M | $793K | -$4.82M | $39K | $929K | -$1.01M |
| Short-Term Investments | $0 | $0 | $0 | $4.82M | $1.93M | $0 | $1.01M |
| Cash and Short-Term Investments | $884K | $1.11M | $793K | $4.82M | $1.97M | $929K | $1.01M |
| Accounts Receivable | $340K | $321K | $290K | $280K | $271K | $376K | $405K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | -$1.11M | $18K | -$5.1M | -$2.24M | -$1.31M | -$1.41M |
| Total Current Assets | $1.22M | $336K | $1.15M | $0 | $0 | $0 | $0 |
| Long-Term Assets | |||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $28.16M | $28.75M | $31.15M | $34.36M | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $24K | $0 | -$31.15M | -$34.36M | $0 | $0 | $0 |
| Total Long-Term Assets | $28.19M | $28.75M | $31.15M | $0 | $0 | $0 | $0 |
| Other Assets | $0 | $29.08M | -$793K | $34.65M | $36.19M | $41.9M | $41.29M |
| Total Assets | $29.41M | $29.08M | $31.51M | $34.65M | $36.19M | $41.9M | $41.29M |
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts Payable | $0 | $0 | $63K | $1.07M | $0 | $74K | $74K |
| Short-Term Debt | $0 | $0 | $0 | $2K | $0 | $924 | $27K |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | -$1.07M | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $3K | -$63K | -$66K | $183K | -$146K | -$101K |
| Total Current Liabilities | $0 | $144K | $139K | $2K | $0 | $924 | $27K |
| Long-Term Liabilities | |||||||
| Long-Term Debt | $11.56M | $11.56M | $11.56M | $13.55M | $14.55M | $16.42M | $16.42M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $142K | $143K | -$11.56M | -$13.55M | -$14.55M | -$16.42M | -$16.42M |
| Total Long-Term Liabilities | $11.71M | $11.56M | $11.56M | $14.69M | $14.73M | $16.57M | $16.54M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $11.71M | $11.7M | $11.7M | $14.69M | $14.73M | $16.57M | $16.57M |
| Stockholders' Equity | |||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $21.75M | $22M | $22.47M | $22.78M | $22.95M | $22.93M | $22.9M |
| Retained Earnings | -$4.04M | -$4.62M | -$2.65M | -$2.82M | -$1.49M | $2.39M | $1.83M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Equity | $17.7M | $17.38M | $19.82M | $19.96M | $21.46M | $25.33M | $24.73M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $29.41M | $29.08M | $31.51M | $34.65M | $36.19M | $41.9M | $41.29M |
| Supplementary Data | |||||||
| Total Debt | $11.56M | $11.56M | $11.56M | $13.56M | $14.55M | $16.42M | $16.45M |
| Net Debt | $10.68M | $10.45M | $10.77M | $18.38M | $14.51M | $15.49M | $17.46M |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-07-31 | 2025-07-31 | 2024-07-31 | 2023-07-31 | 2022-07-31 | 2021-08-31 | 2020-08-31 |
| Operating Activities | |||||||
| Net Income | $1.22M | -$1.49M | $690K | -$812K | -$3.36M | $1.44M | $458K |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||
| Accounts Receivable | -$20K | -$31K | -$10K | -$9K | $105K | $29K | $92K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$10K | $6K | -$795 | -$26K | $19K | $8K | -$70 |
| Other Working Capital | -$68K | $96K | -$36K | $15K | $6K | $14K | -$66K |
| Total Working Capital Change | -$97K | $71K | -$47K | -$21K | $130K | $51K | $27K |
| Other Non-Cash Items | -$659K | $2.41M | $2.14M | $1.55M | $4.23M | -$297K | $357K |
| Net Cash from Operating | $466K | $984K | $2.78M | $687K | $1.12M | $1.24M | $933K |
| Investing Activities | |||||||
| Capital Expenditures | $0 | $0 | $0 | $2 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$3.39M | -$5.37M | -$15.54M | -$8.34M | -$14.86M | -$4.39M | -$12.15M |
| Sales of Investments | $3.53M | $6.1M | $14.01M | $12.26M | $17.44M | $3.94M | $11.21M |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $140K | $734K | -$1.53M | $3.92M | $2.58M | -$447K | $937K |
| Financing Activities | |||||||
| Debt Repaid | - | - | $613 | -$2K | - | $27K | -$27K |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | -$159K | -$75K | $0 | $0 | $0 |
| Dividends Paid | $0 | -$1M | -$609K | -$689K | -$782K | -$844K | -$851K |
| Other Financing Activities | $3K | $2K | -$2M | -$997K | -$1.87M | $3K | -$518K |
| Net Cash from Financing | -$829K | -$1M | -$2.77M | -$1.76M | -$2.65M | -$868K | -$1.34M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$222K | -$18K | $18K | $2.85M | -$890K | -$79K | $529K |
| Supplementary Data | |||||||
| Operating Cash Flow | $466K | $562K | $2.78M | $687K | $1.12M | $1.24M | $933K |
| Capital Expenditure | -$4 | $0 | $0 | $2 | $0 | $0 | $0 |
| Free Cash Flow | $466K | $562K | $2.78M | $687K | $1.12M | $1.24M | $933K |
| Cash at Beginning | $1.11M | $793K | $0 | $39K | $929K | $1.01M | $6K |
| Cash at End | $884K | $1.11M | $18K | $2.89M | $39K | $929K | $535K |