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BFK
Upturn stock ratingUpturn stock rating

BlackRock Municipal Income Closed Fund (BFK)

Upturn stock ratingUpturn stock rating
$9.59
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

06/30/2025: BFK (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $

1 Year Target Price $

Analysts Price Target For last 52 week
$Target price
Low$
Current$9.59
high$

Analysis of Past Performance

Type Stock
Historic Profit 0.51%
Avg. Invested days 36
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 415.31M USD
Price to earnings Ratio 47.35
1Y Target Price -
Price to earnings Ratio 47.35
1Y Target Price -
Volume (30-day avg) -
Beta 0.78
52 Weeks Range 8.69 - 10.25
Updated Date 06/29/2025
52 Weeks Range 8.69 - 10.25
Updated Date 06/29/2025
Dividends yield (FY) 6.34%
Basic EPS (TTM) 0.2

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 12.94%
Operating Margin (TTM) 87.52%

Management Effectiveness

Return on Assets (TTM) 1.93%
Return on Equity (TTM) -13.01%

Valuation

Trailing PE 47.35
Forward PE -
Enterprise Value 686922560
Price to Sales(TTM) 11.65
Enterprise Value 686922560
Price to Sales(TTM) 11.65
Enterprise Value to Revenue 65.08
Enterprise Value to EBITDA -
Shares Outstanding 43854800
Shares Floating -
Shares Outstanding 43854800
Shares Floating -
Percent Insiders -
Percent Institutions 43.58

Analyst Ratings

Rating 3
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold 1
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

BlackRock Municipal Income Closed Fund

stock logo

Company Overview

overview logo History and Background

BlackRock Municipal Income Closed Fund was formed to seek high current income, exempt from federal income tax and to provide incidental capital appreciation. Details on specific founding date and early milestones are not readily available.

business area logo Core Business Areas

  • Municipal Bond Investments: Invests primarily in municipal bonds to generate income exempt from federal income tax.

leadership logo Leadership and Structure

Information on detailed leadership structure not easily available. BlackRock Advisors, LLC, manages the fund.

Top Products and Market Share

overview logo Key Offerings

  • Municipal Bond Portfolio: Diversified portfolio of municipal bonds. Market share data specific to this fund is not available, but BlackRock is a leading asset manager in the broader municipal bond market. Competitors include Nuveen, Eaton Vance, and PIMCO closed-end municipal bond funds.

Market Dynamics

industry overview logo Industry Overview

The municipal bond market is influenced by interest rates, credit ratings, and tax policy. Demand is driven by investors seeking tax-advantaged income.

Positioning

BlackRock Municipal Income Closed Fund is positioned as a vehicle for tax-exempt income within the broader municipal bond market, leveraging BlackRock's asset management expertise.

Total Addressable Market (TAM)

The total US municipal bond market is in the trillions of dollars. BlackRock's fund captures a segment of this market, targeting income-seeking investors.

Upturn SWOT Analysis

Strengths

  • Experienced management team (BlackRock)
  • Diversified portfolio of municipal bonds
  • Tax-exempt income generation

Weaknesses

  • Sensitivity to interest rate changes
  • Credit risk of municipal bonds
  • Closed-end fund structure can trade at discount to NAV

Opportunities

  • Increased demand for tax-advantaged investments
  • Rising interest rate environment (potentially higher yields)
  • Active management to enhance returns

Threats

  • Rising interest rates (decline in bond values)
  • Credit downgrades of municipal bonds
  • Changes in tax policy reducing the attractiveness of municipal bonds

Competitors and Market Share

competitor logo Key Competitors

  • Nuveen (JCE)
  • Eaton Vance (EIM)
  • PIMCO (PMF)

Competitive Landscape

BlackRock benefits from its strong brand and asset management scale. However, competition is intense in the closed-end municipal bond fund space.

Growth Trajectory and Initiatives

Historical Growth: Growth trends tied to fund performance and asset flows within the closed-end municipal bond market.

Future Projections: Projections depend on interest rate outlook, credit market conditions, and investor demand for tax-exempt income.

Recent Initiatives: Initiatives typically involve portfolio adjustments and active management to enhance returns.

Summary

BlackRock Municipal Income Closed Fund (BME) provides tax-exempt income through a diversified portfolio of municipal bonds. The fund benefits from BlackRock's management expertise but faces risks related to interest rates and credit quality. The competitive landscape requires active management to deliver attractive returns. The fund's performance is susceptible to changes in the municipal bond market and tax policy.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • BlackRock Fund Fact Sheets
  • Financial Data Providers
  • Market Analysis Reports

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and consultation with a financial advisor. Market share data is approximate.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About BlackRock Municipal Income Closed Fund

Exchange NYSE
Headquaters New York, NY, United States
IPO Launch date 2001-07-27
CEO -
Sector Financial Services
Industry Asset Management
Full time employees -
Full time employees -

BlackRock Municipal Income Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in investment grade municipal bonds that are exempt from regular federal income tax. BlackRock Municipal Income Trust was formed on July 31, 2001 and is domiciled in United States.