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BYM
Upturn stock ratingUpturn stock rating

BlackRock Municipal Income Quality Closed Fund (BYM)

Upturn stock ratingUpturn stock rating
$10.58
Last Close (24-hour delay)
Profit since last BUY-0.19%
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Consider higher Upturn Star rating
BUY since 6 days
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Upturn Advisory Summary

08/14/2025: 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.

Number of Analysts

rating

0 Analysts rated it

Highly popular stock, broad analyst coverage, trusted insights, strong investor interest.

Analysis of Past Performance

Type Stock
Historic Profit -8.42%
Avg. Invested days 31
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
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 08/14/2025

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 Closed Fund (BYM) was established to provide current income exempt from federal income tax, with a secondary goal of capital appreciation. Its strategy involves investing primarily in municipal bonds deemed investment grade at the time of investment.

business area logo Core Business Areas

  • Municipal Bond Investments: Primarily invests in a portfolio of investment-grade municipal bonds, generating income exempt from federal income tax.

leadership logo Leadership and Structure

BYM is managed by BlackRock Fund Advisors, a subsidiary of BlackRock, Inc. Portfolio management teams oversee the fund's investment strategy.

Top Products and Market Share

overview logo Key Offerings

  • Municipal Bond Fund: BYM offers a diversified portfolio of municipal bonds aimed at providing tax-exempt income to investors. Market share data is not directly available for closed-end funds like BYM. Competitors include other closed-end municipal bond funds and ETFs.

Market Dynamics

industry overview logo Industry Overview

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

Positioning

BYM is positioned as a high-quality, income-generating municipal bond fund within the closed-end fund space. Competitive advantages include BlackRock's extensive research and management expertise.

Total Addressable Market (TAM)

The total addressable market for municipal bonds is in the trillions of dollars. BYM is positioned to capture a portion of this market by providing a diversified, professionally managed portfolio.

Upturn SWOT Analysis

Strengths

  • Experienced management team (BlackRock)
  • Diversified portfolio of municipal bonds
  • Tax-exempt income stream
  • Established track record

Weaknesses

  • Closed-end fund structure (potential for discount to NAV)
  • Sensitivity to interest rate changes
  • Dependence on BlackRock's expertise

Opportunities

  • Increasing demand for tax-advantaged investments
  • Potential for capital appreciation in a favorable interest rate environment
  • Expansion of investment strategies

Threats

  • Rising interest rates
  • Credit downgrades of municipal bonds
  • Changes in tax laws
  • Increased competition from other municipal bond funds

Competitors and Market Share

competitor logo Key Competitors

  • NUV
  • VFL
  • EOT
  • MUB

Competitive Landscape

BYM competes with other closed-end municipal bond funds based on yield, expense ratio, and performance. BlackRock's brand and resources provide a competitive advantage.

Growth Trajectory and Initiatives

Historical Growth: Growth is tied to the performance of the underlying bond portfolio and market conditions.

Future Projections: Future performance is subject to market risks and economic factors.

Recent Initiatives: Focuses on managing the portfolio to maximize tax-exempt income and total return.

Summary

BlackRock Municipal Income Quality Closed Fund offers a diversified portfolio of municipal bonds managed by an experienced team at BlackRock, focusing on generating tax-exempt income. The fund's performance is susceptible to interest rate changes and credit risks within the municipal bond market. Its closed-end structure can lead to fluctuations in the premium or discount to NAV. Investors should consider these factors when evaluating BYM.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • BlackRock official website
  • SEC filings
  • Financial news outlets

Disclaimers:

This analysis is for informational purposes only and does not constitute investment advice. Market data is subject to change. Past performance is not indicative of future results.

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.