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BYM
Upturn stock ratingUpturn stock rating

BlackRock Municipal Income Quality Closed Fund (BYM)

Upturn stock ratingUpturn stock rating
$11.07
Last Close (24-hour delay)
Profit since last BUY5.53%
upturn advisory
Consider higher Upturn Star rating
BUY since 27 days
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Upturn Advisory Summary

09/15/2025: BYM (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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 -3.28%
Avg. Invested days 33
Today’s Advisory Consider higher Upturn Star rating
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 09/15/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 269.39M USD
Price to earnings Ratio 54.74
1Y Target Price -
Price to earnings Ratio 54.74
1Y Target Price -
Volume (30-day avg) -
Beta 0.73
52 Weeks Range 9.95 - 11.73
Updated Date 06/29/2025
52 Weeks Range 9.95 - 11.73
Updated Date 06/29/2025
Dividends yield (FY) 6.40%
Basic EPS (TTM) 0.19

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 21.64%
Operating Margin (TTM) 87.88%

Management Effectiveness

Return on Assets (TTM) 2.48%
Return on Equity (TTM) 1.5%

Valuation

Trailing PE 54.74
Forward PE -
Enterprise Value 429261216
Price to Sales(TTM) 11.96
Enterprise Value 429261216
Price to Sales(TTM) 11.96
Enterprise Value to Revenue 55.42
Enterprise Value to EBITDA -
Shares Outstanding 25903300
Shares Floating -
Shares Outstanding 25903300
Shares Floating -
Percent Insiders -
Percent Institutions 32.61

ai summary icon Upturn AI SWOT

BlackRock Municipal Income Quality Closed Fund

stock logo

Company Overview

overview logo History and Background

BlackRock Municipal Income Quality Trust (BKN) is a closed-end management investment company. It was founded to seek current income exempt from federal income tax and invests primarily in municipal obligations.

business area logo Core Business Areas

  • Municipal Bond Investments: BKN focuses on investing in a diversified portfolio of municipal bonds, primarily those exempt from federal income tax. They actively manage the portfolio to generate income.

leadership logo Leadership and Structure

The fund is managed by BlackRock Advisors, LLC. BlackRock is a publicly traded company with a well-established leadership team.

Top Products and Market Share

overview logo Key Offerings

  • Municipal Bond Portfolio: BKN offers investors access to a professionally managed portfolio of municipal bonds. Market share data is difficult to pinpoint for specific closed-end funds; instead, BlackRock as a whole is a major player in the municipal bond space. Competitors include Nuveen, Eaton Vance, and Invesco.

Market Dynamics

industry overview logo Industry Overview

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

Positioning

BKN is a closed-end fund offering a diversified portfolio of municipal bonds. Competitive advantage lies in BlackRock's management expertise and scale.

Total Addressable Market (TAM)

The total addressable market is the entire municipal bond market, which is several trillion dollars. BKN captures a small portion of this, primarily through its closed-end fund structure targeting income-seeking investors.

Upturn SWOT Analysis

Strengths

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

Weaknesses

  • Closed-end fund structure can lead to trading at a discount or premium to NAV
  • Vulnerability to interest rate fluctuations
  • Reliance on creditworthiness of municipal issuers

Opportunities

  • Increasing demand for tax-advantaged investments
  • Potential for higher yields in rising interest rate environment
  • Expanding the fund's asset base

Threats

  • Rising interest rates impacting bond values
  • Credit downgrades of municipal issuers
  • Changes in tax laws reducing the attractiveness of municipal bonds

Competitors and Market Share

competitor logo Key Competitors

  • Nuveen Municipal Value Fund, Inc. (NUV)
  • Eaton Vance Municipal Income Trust (EVN)
  • Invesco Municipal Opportunity Trust (VBF)

Competitive Landscape

BKN competes with other closed-end municipal bond funds. BlackRock's brand recognition and management expertise provide an advantage.

Growth Trajectory and Initiatives

Historical Growth: Growth depends on the fund's ability to generate income and manage its portfolio effectively. NAV fluctuations impact growth.

Future Projections: Future growth projections are uncertain and depend on market conditions and management expertise. Analyst estimates are not typically available for individual closed-end funds.

Recent Initiatives: Recent initiatives would typically involve portfolio adjustments based on market conditions.

Summary

BlackRock Municipal Income Quality Trust provides a way to invest in a tax-exempt portfolio. The success of the fund hinges on the management team's performance. The fund could perform badly if interest rates increase or credit downgrades occur. Investors should note the potential for trading at a discount or premium to NAV.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • BlackRock official website
  • Financial news websites (e.g., Bloomberg, Reuters)
  • SEC filings

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 percentages are estimates and may not reflect exact values.

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 Quality Closed Fund

Exchange NYSE
Headquaters New York, NY, United States
IPO Launch date 2002-10-29
CEO -
Sector Financial Services
Industry Asset Management
Full time employees -
Full time employees -

BlackRock Municipal Income Quality Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade municipal bonds exempt from federal income taxes, including the alternative minimum tax. BlackRock Municipal Income Quality Trust was formed on October 31, 2002 and is domiciled in the United States.