Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial - Chart
- Upturn Summary
- Highlights
- Valuation
Upturn AI SWOT - About
BlackRock Investment Quality Municipal Closed Fund (BKN)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- 1Y
- 1M
- 1W
Upturn Advisory Summary
12/03/2025: 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 5.53% | Avg. Invested days 43 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 12/03/2025 |
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 was established to provide current income exempt from federal income tax by investing primarily in investment-grade municipal bonds. It leverages BlackRock's expertise in fixed-income management.
Core Business Areas
- Municipal Bond Investments: Primarily invests in a portfolio of investment-grade municipal bonds to generate tax-exempt income.
Leadership and Structure
BlackRock, Inc. is the parent company. The fund is managed by a team of experienced fixed-income professionals within BlackRock. Specific individuals managing the fund may vary.
Top Products and Market Share
Key Offerings
- Tax-Exempt Income: The fund's primary offering is a stream of tax-exempt income derived from its portfolio of municipal bonds. BlackRock manages a significant portion of the municipal bond market; however, specific market share data for this particular fund is not readily available. Competitors include other municipal bond funds from firms such as Nuveen, Eaton Vance, and PIMCO.
Market Dynamics
Industry Overview
The municipal bond market is influenced by interest rates, credit quality of issuers, and tax policy. Demand is driven by investors seeking tax-advantaged income.
Positioning
BlackRock is a leading asset manager with a strong presence in the municipal bond market. The fund benefits from BlackRock's research capabilities and relationships with issuers.
Total Addressable Market (TAM)
The total US municipal bond market is several trillion dollars. BlackRock is well-positioned to capture a significant portion of this market through its various municipal bond funds.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Strong brand reputation of BlackRock
- Access to BlackRock's research resources
- Diversified portfolio of municipal bonds
Weaknesses
- Sensitivity to interest rate changes
- Potential for credit risk from municipal issuers
- Closed-end fund structure can trade at a discount to NAV
- Management fees reduce overall return
Opportunities
- Increasing demand for tax-exempt income
- Expansion into new municipal bond sectors
- Rising interest rate environment (can increase yields)
- Growing investor awareness of municipal bond benefits
Threats
- Rising interest rates (decrease bond values)
- Economic downturn leading to municipal defaults
- Changes in tax laws reducing the attractiveness of municipal bonds
- Increased competition from other asset managers
Competitors and Market Share
Key Competitors
- Nuveen (JCE)
- Eaton Vance (EVN)
- PIMCO (PCI)
Competitive Landscape
BlackRock benefits from scale and brand recognition. However, Nuveen, Eaton Vance, and PIMCO also have strong expertise in municipal bond management.
Growth Trajectory and Initiatives
Historical Growth: Growth depends on market conditions and BlackRock's ability to generate returns within the municipal bond market.
Future Projections: Future growth is subject to market predictions by financial analysts.
Recent Initiatives: Recent initiatives include actively managing the portfolio to adapt to changing market conditions.
Summary
BlackRock Investment Quality Municipal Closed Fund offers tax-exempt income through municipal bond investments, leveraging BlackRock's brand and expertise. While it benefits from a strong management team and diversified portfolio, it faces risks related to interest rates and credit quality. Successfully adapting to changing market conditions and tax laws will be crucial for future growth. However, as an established player, BlackRock is well-positioned within the municipal bond market.
Similar Stocks
Sources and Disclaimers
Data Sources:
- BlackRock Website
- Yahoo Finance
- SEC Filings
- Morningstar
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Investment decisions should be made based on individual circumstances and consultation 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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.