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Upturn AI SWOT - About
BlackRock Investment Quality Municipal Closed Fund (BKN)
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Upturn Advisory Summary
08/28/2025: BKN (1-star) is currently NOT-A-BUY. Pass it for now.
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 Stock | Historic Profit 3.38% | Avg. Invested days 41 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/28/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 185.99M USD | Price to earnings Ratio 51.48 | 1Y Target Price - |
Price to earnings Ratio 51.48 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.72 | 52 Weeks Range 10.06 - 12.58 | Updated Date 06/29/2025 |
52 Weeks Range 10.06 - 12.58 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 6.33% | Basic EPS (TTM) 0.21 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 23.9% | Operating Margin (TTM) 88.42% |
Management Effectiveness
Return on Assets (TTM) 2.48% | Return on Equity (TTM) 1.65% |
Valuation
Trailing PE 51.48 | Forward PE - | Enterprise Value 304891488 | Price to Sales(TTM) 12.11 |
Enterprise Value 304891488 | Price to Sales(TTM) 12.11 | ||
Enterprise Value to Revenue 43.93 | Enterprise Value to EBITDA - | Shares Outstanding 17205800 | Shares Floating - |
Shares Outstanding 17205800 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 26.35 |
Upturn AI SWOT
BlackRock Investment Quality Municipal Closed Fund
Company Overview
History and Background
BlackRock Investment Quality Municipal Closed Fund (BKN) was established with the aim of providing high current income exempt from federal income tax. It focuses on investment-grade municipal bonds.
Core Business Areas
- Municipal Bond Investment: Primarily invests in a portfolio of investment-grade municipal bonds to generate tax-exempt income.
Leadership and Structure
Information not available without real-time data access. Typical closed-end funds are managed by a portfolio management team within BlackRock.
Top Products and Market Share
Key Offerings
- Tax-Exempt Income Generation: BKN provides investors with a stream of income that is exempt from federal income tax, derived from its municipal bond portfolio. Market share data specific to this fund is unavailable; the fund competes within the broader municipal bond closed-end fund market against many other funds such as Eaton Vance funds, Nuveen funds, and PIMCO funds.
Market Dynamics
Industry Overview
The municipal bond market is influenced by factors like interest rates, credit ratings of municipal issuers, and tax policy changes. Closed-end funds offer fixed income exposure but carry additional risks due to leverage and market price fluctuations.
Positioning
BKN aims to provide stable, tax-exempt income through a diversified portfolio of municipal bonds. Its success depends on active management and maintaining a high credit quality portfolio.
Total Addressable Market (TAM)
The total municipal bond market is estimated to be in the trillions of dollars. BKN's positioning depends on how well it can attract and retain assets within the competitive landscape of tax-exempt investments.
Upturn SWOT Analysis
Strengths
- Experienced management team (BlackRock)
- Diversified portfolio of municipal bonds
- Tax-exempt income for investors
Weaknesses
- Subject to interest rate risk
- Market price may trade at a discount or premium to NAV
- Use of leverage can magnify losses
Opportunities
- Rising demand for tax-efficient investments
- Potential for capital appreciation from undervalued municipal bonds
- Ability to increase leverage to enhance returns (subject to limits)
Threats
- Changes in tax laws reducing the attractiveness of municipal bonds
- Deterioration of credit quality of municipal issuers
- Rising interest rates impacting bond values
Competitors and Market Share
Key Competitors
- Nuveen AMT-Free Quality Municipal Income Fund (NEA)
- Eaton Vance Municipal Income Trust (EVN)
- PIMCO Municipal Income Fund II (PML)
Competitive Landscape
BKN competes with other municipal bond closed-end funds based on yield, expense ratio, and fund performance. BlackRock's brand name gives it an advantage, but smaller, nimbler funds may outperform at times.
Growth Trajectory and Initiatives
Historical Growth: Historical growth is tied to the fund's NAV performance and ability to attract assets. This requires real-time data.
Future Projections: Future projections are based on analyst estimates and economic conditions. Specific projections not available without real-time data.
Recent Initiatives: Recent initiatives usually involve portfolio adjustments to optimize yield and manage risk. This information isn't generally released.
Summary
BlackRock Investment Quality Municipal Closed Fund (BKN) offers investors tax-exempt income through municipal bonds. The fund benefits from BlackRock's investment expertise but is susceptible to interest rate risk and market fluctuations. Its success hinges on maintaining high credit quality and managing leverage effectively. Changes in tax laws and economic conditions pose potential challenges to BKN's investment strategy and performance.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Reports
- Financial News Outlets
Disclaimers:
This analysis is based on publicly available information and does not constitute financial advice. Market share estimates are approximate.
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 Investment Quality Municipal Closed Fund
Exchange NYSE | Headquaters New York, NY, United States | ||
IPO Launch date 1993-02-23 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
BlackRock Investment Quality Municipal Trust Inc. 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 municipal obligations exempt from federal income taxes. Blackrock Investment Quality Municipal Trust Inc. was formed on February 28, 1993 and is domiciled in United States.
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