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Upturn AI SWOT - About
BlackRock Municipal Income Quality Closed Fund (BYM)
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Upturn Advisory Summary
10/20/2025: BYM (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 4.37% | Avg. Invested days 39 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/20/2025 |
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 |
Upturn AI SWOT
BlackRock Municipal Income Quality Closed Fund
Company Overview
History and Background
BlackRock Municipal Income Quality Closed Fund (BKN) was established to provide current income exempt from federal income tax, where possible, and to invest primarily in investment-grade municipal bonds. The fund's strategy focuses on identifying undervalued municipal securities through rigorous analysis.
Core Business Areas
- Municipal Bond Investments: Investing in a diversified portfolio of municipal bonds, aiming for tax-exempt income.
Leadership and Structure
The fund is managed by BlackRock Advisors, LLC, a subsidiary of BlackRock, Inc. The organizational structure consists of portfolio managers and analysts specializing in municipal bond markets.
Top Products and Market Share
Key Offerings
- Municipal Bond Portfolio: The fund offers a diversified portfolio of municipal bonds. Market share data for individual closed-end funds is generally not explicitly tracked in the same manner as ETFs or mutual funds. Competitors include other closed-end municipal bond funds.
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-exempt income.
Positioning
BKN is positioned as a provider of tax-exempt income through active management of a municipal bond portfolio. Its competitive advantage lies in BlackRock's research capabilities and expertise in fixed-income markets.
Total Addressable Market (TAM)
The TAM for municipal bonds is trillions of dollars. BKN is positioned as a niche player focusing on closed-end funds within this large market.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Access to BlackRock's research resources
- Tax-exempt income potential
- Diversified portfolio
Weaknesses
- Closed-end fund structure can lead to trading at a discount to NAV
- Interest rate risk
- Credit risk
- Limited liquidity compared to open-end funds
Opportunities
- Rising demand for tax-exempt income in high-tax environments
- Potential for active management to outperform benchmarks
- Expansion into new municipal bond sectors
- Increasing investor awareness of closed-end funds
Threats
- Rising interest rates
- Credit downgrades of municipal issuers
- Changes in tax laws reducing the attractiveness of tax-exempt income
- Increased competition from other fixed-income products
Competitors and Market Share
Key Competitors
- Nuveen Quality Municipal Income Fund (NAD)
- Eaton Vance Municipal Income Trust (EVN)
- PIMCO Municipal Income Fund II (PML)
Competitive Landscape
BKN competes with other closed-end municipal bond funds based on factors such as yield, expense ratio, and management performance. BlackRock's scale and expertise provide a competitive advantage.
Growth Trajectory and Initiatives
Historical Growth: Growth is dependent on fund performance, market conditions, and investor demand for municipal bond funds.
Future Projections: Projections are based on analyst expectations for the municipal bond market and BlackRock's ability to generate alpha.
Recent Initiatives: Recent initiatives often involve adjustments to the portfolio based on changing market conditions and interest rate outlook.
Summary
BlackRock Municipal Income Quality Closed Fund (BKN) provides tax-exempt income through a diversified municipal bond portfolio. The fund benefits from BlackRock's expertise, but the closed-end structure presents risks. Monitoring interest rates and credit quality of holdings is crucial. BKN faces competition and must maintain competitive yields to attract investors.
Peer Comparison
Sources and Disclaimers
Data Sources:
- BlackRock website
- Financial data providers (e.g., Bloomberg, Reuters)
- SEC filings
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Investment decisions should be made based on individual circumstances and consultation with a 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 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.
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