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Upturn AI SWOT - About
Blackrock 2037 Municipal Target Term Trust (BMN)
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Upturn Advisory Summary
10/24/2025: BMN (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 7.38% | Avg. Invested days 91 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | ETF Returns Performance  2.0 |
| Profits based on simulation | Last Close 10/24/2025 |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 22.77 - 25.60 | Updated Date 06/28/2025 |
52 Weeks Range 22.77 - 25.60 | Updated Date 06/28/2025 |
Upturn AI SWOT
Blackrock 2037 Municipal Target Term Trust
ETF Overview
Overview
Blackrock 2037 Municipal Target Term Trust (BMF) is a closed-end fund that seeks to provide current income exempt from federal income tax, and seeks to return $9.85 per share on or about January 29, 2037. It primarily invests in a portfolio of municipal bonds.
Reputation and Reliability
BlackRock is one of the world's largest asset managers with a strong reputation and extensive track record.
Management Expertise
BlackRock has a dedicated team of experienced professionals managing municipal bond portfolios.
Investment Objective
Goal
To provide current income exempt from federal income tax, and to return $9.85 per share on or about January 29, 2037.
Investment Approach and Strategy
Strategy: The fund invests primarily in municipal bonds to generate income exempt from federal income tax and to return a target amount by its termination date.
Composition The fund predominantly holds municipal bonds.
Market Position
Market Share: Due to its unique target term and municipal focus, defining an exact market share is difficult but it is a notable player in the municipal closed-end fund space.
Total Net Assets (AUM): 222000000
Competitors
Key Competitors
- Nuveen AMT-Free Quality Municipal Income Fund (NEA)
- BlackRock Municipal Income Trust II (BLE)
- PIMCO Municipal Income Fund II (PML)
Competitive Landscape
The competitive landscape includes various closed-end municipal bond funds. BMF's target term structure differentiates it. Advantages are its fixed maturity and potential return of capital, while disadvantages include potential interest rate risk and the fund's termination date.
Financial Performance
Historical Performance: Historical performance depends on prevailing interest rates and the creditworthiness of the underlying municipal bonds. Data not available without real-time access.
Benchmark Comparison: Benchmark comparisons are difficult due to the fund's target term structure. A general municipal bond index could be used for comparison.
Expense Ratio: 1.08
Liquidity
Average Trading Volume
The average trading volume indicates moderate liquidity, but can fluctuate based on market conditions.
Bid-Ask Spread
The bid-ask spread is typically moderate, but may widen during periods of market volatility.
Market Dynamics
Market Environment Factors
Economic indicators, interest rate movements, and the overall health of the municipal bond market affect BMF.
Growth Trajectory
BMF's growth trajectory is influenced by its ability to generate income from municipal bonds and maintain its target term structure; changes to strategy and holdings are limited by its investment objective.
Moat and Competitive Advantages
Competitive Edge
BMF's competitive edge lies in its target term structure and the BlackRock's brand recognition. The fundu2019s fixed maturity date offers a defined exit strategy. It provides a potential return of capital at the end of the term. It focuses on income generation from municipal bonds.
Risk Analysis
Volatility
BMF's volatility is correlated to interest rate fluctuations and changes in the credit spreads of municipal bonds.
Market Risk
Market risk includes interest rate risk, credit risk of the underlying municipal bonds, and the risk of not achieving the target return of $9.85 per share by the termination date.
Investor Profile
Ideal Investor Profile
The ideal investor is a risk-averse individual seeking tax-exempt income with a defined investment horizon up to 2037.
Market Risk
BMF is suitable for long-term investors seeking a fixed income strategy with a defined exit point.
Summary
Blackrock 2037 Municipal Target Term Trust is a closed-end fund focusing on tax-exempt income until its 2037 termination date. It aims to return $9.85 per share. The fund faces interest rate and credit risks. It is suitable for long-term, risk-averse investors. Its target term feature provides a defined investment timeline.
Peer Comparison
Sources and Disclaimers
Data Sources:
- BlackRock Official Website
- SEC Filings
- Various financial data providers.
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Investment decisions should be made after consulting with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Blackrock 2037 Municipal Target Term Trust
Exchange NYSE | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
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.
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