Blackrock 2037 Municipal Target Term Trust (BMN)
| Market Value | 154.61M |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 6.15M |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $1.13 (4.49%) |
| Ex-Dividend Date | Dec 16, 2024 |
| Volume | 2,723 |
| Open | 25.08 |
| Previous Close | 25.06 |
| Day's Range | 25.02 - 25.15 |
| 52-Week Range | 23.43 - 26.14 |
| Beta | 0.58 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About BMN
Blackrock 2037 Municipal Target Term Trust is an close-ended fixed income mutual fund launched by Blackrock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily invests in n investment grade municipal securities that are rated BBB- or above by S&P and Fitch or Baa3 or above by Moody’s. Blackrock 2037 Municipal Target Term Trust is domiciled in the United States. [Read more]
News
BMN: Tax-Free Income With Capacity To Leverage Up
BlackRock 2037 Municipal Target Term Trust offers primarily tax-free income through a diversified muni bond portfolio. BMN's modest leverage with the Fed cutting rates puts the fund in a unique positi...
BMN: Attractive Discount And Starting To Employ Leverage
BlackRock 2037 Municipal Target Term Trust (BMN) launched at a favorable time, avoiding the municipal bond market slide caused by rising rates. BMN is a target term fund that aims to return its NAV ba...
Municipal CEF Sector Update: What We're Doing After A Roller Coaster Ride
We take a look at the municipal sector after a rollercoaster ride. We find that longer-duration munis remain attractive, particularly relative to corporate bonds. Separately, muni CEF discounts are wi...
Key Decision Factors For CEF Allocation In Today's Market
The price action in the CEF market over the last few months has been fast and furious. We revisit the key decision factors of income investing that can streamline and organize the allocation process a...
BMN: A Defensive 5% Yielding Muni CEF
BlackRock 2037 Municipal Target Term Trust is a target term fund with the objective of returning $25 at its termination date in 2037. The BMN closed-end fund is a defensive Muni CEF option owing to it...
The Dirty Dozen CEFs From 2021: A Summary
In 2021, a dozen closed-end funds, or CEFs, were launched, but none of them performed well, with all of them experiencing negative total returns since inception. The CEFs trade at wide discounts to NA...
BlackRock Announces Release of Commentaries for Certain Closed-End Funds (BIGZ, BSTZ, BMEZ, BCAT, ECAT, and BMN) and Private Investment Report
NEW YORK--(BUSINESS WIRE)--BlackRock today announced the release of quarterly fund commentaries for BlackRock Innovation and Growth Term Trust (NYSE: BIGZ), BlackRock Science and Technology Term Trust...
BMN: A Target Term Muni Fund Nearing Its First Anniversary
BlackRock 2037 Municipal Target Term Trust launched as a target term structure closed-end fund, a less common structure for the last several years. The public CEF IPO market has been quiet, with more ...
CEF Weekly Review: Should CEF Investors Pivot When The Fed Does?
We review CEF market valuation and performance through the fourth week of March and highlight recent market action. CEFs were relatively flat on the week; however, discounts continued to mostly push w...
BlackRock Announces Release of Fourth Quarter Commentaries for Certain Closed-End Funds (BIGZ, BSTZ, BMEZ, BCAT, ECAT, and BMN)
NEW YORK--(BUSINESS WIRE)--BlackRock today announced the release of quarterly fund commentaries for BlackRock Innovation and Growth Trust (NYSE: BIGZ), BlackRock Science and Technology Trust II (NYSE:...
Closed-End Funds: Term Structure Potential Vs. Perpetual Funds
Term funds have a few topics making them different that I hope to clear up with today's overview. Term funds can benefit shareholders as NAV is realized one way or another.
BlackRock 2037 Municipal Target Term Trust Announces Initial Distribution
NEW YORK--(BUSINESS WIRE)--The Board of Trustees of BlackRock 2037 Municipal Target Term Trust (NYSE: BMN, CUSIP: 09262G108) (the “Trust”) announced today the Trust's initial monthly distribution, p...