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Upturn AI SWOT - About
BlackRock Investment Quality Municipal Closed Fund (BKN)
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Upturn Advisory Summary
09/17/2025: BKN (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 Stock | Historic Profit 6.23% | Avg. Invested days 31 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 09/17/2025 |
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 to provide current income exempt from federal income tax. It focuses on investing in municipal bonds.
Core Business Areas
- Investment Management: Manages a portfolio of municipal bonds aiming for tax-exempt income for shareholders.
Leadership and Structure
The fund is managed by BlackRock Advisors, LLC. Leadership consists of portfolio managers and investment analysts within BlackRock's fixed income division.
Top Products and Market Share
Key Offerings
- Municipal Bond Portfolio: BKN provides a portfolio of municipal bonds, offering tax-exempt income. Market share is relatively small within the broader municipal bond market, dominated by larger open-end mutual funds and ETFs. Competitors include Nuveen, Eaton Vance, and Invesco municipal bond funds.
Market Dynamics
Industry Overview
The municipal bond market is influenced by interest rates, credit ratings, and tax policies. Demand is driven by investors seeking tax-advantaged income.
Positioning
BKN is a closed-end fund focusing on investment-grade municipal bonds. It aims to deliver stable income and capital preservation within its target market.
Total Addressable Market (TAM)
The total addressable market for municipal bonds is trillions of dollars. BKN captures a small segment, offering a specialized product to investors seeking tax-exempt income.
Upturn SWOT Analysis
Strengths
- Tax-exempt income
- Professional management by BlackRock
- Closed-end fund structure allows for potentially higher yields
Weaknesses
- Limited liquidity compared to open-end funds or ETFs
- Subject to market volatility and interest rate risk
- Management fees impact overall returns
Opportunities
- Rising interest rates potentially increasing yields
- Increased demand for tax-efficient investment strategies
- Expansion of municipal bond market
Threats
- Changes in tax laws reducing the attractiveness of municipal bonds
- Credit downgrades of municipal bond issuers
- Increased competition from other tax-advantaged investment vehicles
Competitors and Market Share
Key Competitors
- Nuveen Quality Municipal Fund (NAD)
- Eaton Vance Municipal Income Trust (EVN)
- Invesco Municipal Opportunity Trust (VMO)
Competitive Landscape
BKN competes with other closed-end municipal bond funds, open-end mutual funds, and ETFs. Differentiation depends on investment strategy, expense ratios, and fund performance.
Growth Trajectory and Initiatives
Historical Growth: Growth is tied to the performance of the municipal bond market and investor demand for tax-exempt income.
Future Projections: Future growth depends on interest rate trends, tax policy changes, and the overall economic environment. Analyst estimates are not readily available for closed-end funds.
Recent Initiatives: Initiatives involve adjusting the portfolio to manage risk and enhance returns.
Summary
BlackRock Investment Quality Municipal Closed Fund offers tax-exempt income through municipal bond investments. The fund's performance is closely tied to interest rates and credit quality. BKN faces competition from other municipal bond funds and needs to manage risk effectively to maintain investor appeal. While the fund benefits from BlackRock's management expertise, its limited liquidity and market volatility remain concerns.
Peer Comparison
Sources and Disclaimers
Data Sources:
- BlackRock official website
- SEC filings
- Financial data providers (e.g., Bloomberg, Reuters)
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and 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 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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