Blackrock 2037 Municipal Target Term Trust (BMN) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 0.46: the stock has moved about 54% less than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 18, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerBlackrock 2037 Municipal Target Term Trust (BMN) trades at $22.25. Blackrock 2037 Municipal Target Term Trust is a closed-end fixed income fund managed by BlackRock Advisors, LLC. Sector: Financials.
Price as of · Last analyzed: Mar 18, 2026Analyst Coverage for BMN: BMN does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
Blackrock 2037 Municipal Target Term Trust (BMN) Financial Services Profile
Blackrock 2037 Municipal Target Term Trust is a closed-end fund specializing in investment-grade municipal bonds, offering investors exposure to fixed-income markets with a target term ending in 2037. Managed by BlackRock Advisors, it aims to deliver consistent income through strategic asset allocation within the municipal bond sector.
What Is the Investment Thesis for BMN?
Blackrock 2037 Municipal Target Term Trust presents a focused investment in investment-grade municipal bonds with a defined maturity. The fund's strategy of holding bonds until its target term in 2037 offers a predictable income stream, appealing to risk-averse investors. With a market capitalization of $0.16 billion and a beta of 0.46, the fund exhibits lower volatility compared to broader market indices. The absence of a dividend yield reflects its investment strategy focused on capital appreciation and income generation through bond holdings. Key to its performance is BlackRock's active management, navigating interest rate fluctuations and credit risks within the municipal bond market. The fund's success hinges on maintaining a high-quality portfolio and effectively managing duration risk as it approaches its termination date.
Based on FMP financials and quantitative analysis
BMN Key Highlights
Market Cap of $0.16B indicates the fund's size and relative liquidity.
- Beta of 0.46 suggests lower volatility compared to the overall market, making it a potentially stable investment.
- Investment in investment-grade municipal securities provides a degree of creditworthiness within its portfolio.
- Managed by BlackRock Advisors, LLC, leveraging BlackRock's expertise and resources.
- Target term structure aims to liquidate assets and distribute proceeds around 2037, offering a defined investment horizon.
Who Are BMN's Competitors?
BMN is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| AMDWX Amana Mutual Funds Trust Developing World Fund | $18.52 | +1.31% | $213M | — |
| AMIDX Amana Developing World Fund Institutional Class | $18.62 | +1.31% | $214M | — |
| ASQIX American Century Small Company Fund Investor Class | $21.08 | +1.01% | $188M | — |
| BKN BlackRock Investment Quality Municipal Trust Inc. | $11.54 | 0.00% | $199M | — |
| BTA BlackRock Long-Term Municipal Advantage Trust | $25.30 | -1.25% | $340M | — |
| BLK BlackRock, Inc. | $1059.63 | -0.44% | $164B | 49 5-pillar |
| BX Blackstone Inc. | $111.74 | -0.45% | $135B | 67 5-pillar |
| APOS Apollo Global Management, Inc. | $25.59 | -0.23% | $74.8B | 55 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are BMN's Key Strengths?
Strong brand reputation of BlackRock.
- Experienced management team at BlackRock Advisors, LLC.
- Focus on investment-grade municipal securities.
- Defined target term provides a clear investment horizon.
What Are BMN's Weaknesses?
Vulnerability to interest rate fluctuations.
- Dependence on the creditworthiness of municipal bond issuers.
- Limited growth potential due to the target term structure.
- Absence of dividend yield may deter some investors.
What Are the Key Risks for BMN?
Economic downturn affecting municipal bond issuers.
- Changes in tax laws reducing the attractiveness of municipal bonds.
- Interest rate fluctuations impacting the value of fixed-income investments.
What Are BMN's Competitive Advantages?
- BlackRock's brand reputation and expertise in asset management.
- Established track record in managing fixed-income funds.
- Access to BlackRock's extensive research and resources.
What Does BMN Do?
Blackrock 2037 Municipal Target Term Trust is a closed-end fixed income mutual fund established by Blackrock, Inc. The fund is expertly managed by BlackRock Advisors, LLC, a subsidiary renowned for its proficiency in investment management. The fund's primary investment focus lies within the fixed income markets, specifically targeting investment grade municipal securities. These securities typically hold ratings of BBB- or higher by Standard & Poor's (S&P) and Fitch, or Baa3 or higher by Moody's, ensuring a degree of creditworthiness within its portfolio. The fund's structure as a target term trust means it is designed to liquidate its assets and distribute the proceeds to shareholders on or around a specified future date, in this case, the year 2037. This feature can appeal to investors seeking a defined investment horizon. Blackrock, as the parent company, is a global investment management firm offering a range of financial services. BlackRock Advisors, LLC leverages Blackrock's extensive resources and expertise to manage the fund's portfolio, aiming to provide a steady stream of income to its investors through strategic selection and management of municipal bonds. The trust is domiciled in the United States, adhering to U.S. financial regulations and reporting standards.
What Products and Services Does BMN Offer?
- Invests in investment-grade municipal securities.
- Aims to provide stable income to investors.
- Managed by BlackRock Advisors, LLC.
- Operates as a closed-end fund with a target term ending in 2037.
- Focuses on fixed-income markets.
- Distributes proceeds to shareholders upon termination.
How Does BMN Make Money?
- Generates income through interest payments from municipal bonds.
- Profits from the difference between the cost of managing the fund and the income generated.
- BlackRock Advisors, LLC charges a management fee for their services.
What Industry Does BMN Operate In?
Blackrock 2037 Municipal Target Term Trust operates within the asset management industry, specifically focusing on fixed-income investments. The municipal bond market, where the fund primarily invests, is influenced by factors such as interest rates, credit ratings, and economic conditions. The competitive landscape includes other closed-end funds and fixed-income investment products. Trends in the industry include increasing demand for tax-advantaged investments and a growing focus on environmental, social, and governance (ESG) factors. Blackrock's established presence and expertise in asset management position the fund to navigate these market dynamics.
Who Are BMN's Key Customers?
- Individual investors seeking stable income.
- Institutional investors looking for fixed-income exposure.
- Retirees seeking a predictable income stream.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is a fund, not an operating company
Insider Activity
12 transactions · 1 purchases, 1 sales, 10 other transactions · 3 identified insiders · most recent available transactions. Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
BMN Financials
Bull Case vs Bear Case
Bull Case
- Strong brand reputation of BlackRock.
- Experienced management team at BlackRock Advisors, LLC.
- Focus on investment-grade municipal securities.
- Defined target term provides a clear investment horizon.
Bear Case
- Vulnerability to interest rate fluctuations.
- Dependence on the creditworthiness of municipal bond issuers.
- Limited growth potential due to the target term structure.
- Absence of dividend yield may deter some investors.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
BMN Latest News
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Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) Sees Significant Drop in Short Interest
defenseworld.net · Sep 30, 2026
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Stocks That Hit 52-Week Lows On Thursday
benzinga · Sep 28, 2023
BMN Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for BMN.
Price Targets
Wall Street price target analysis for BMN.
BMN MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for BMN; grades run from A+ (80-100) to F (below 30).
Leadership: John M. Perlowski
CEO title
John M. Perlowski is a seasoned executive with extensive experience in the financial services industry. His career spans several decades, during which he has held various leadership positions at prominent investment firms. Perlowski's expertise lies in fixed-income investments, asset allocation, and portfolio management. He has a strong track record of developing and implementing successful investment strategies. His educational background includes advanced degrees in finance and economics, providing him with a solid foundation for his career. Prior to his current role, Perlowski held senior management positions at leading asset management companies.
Track Record: Under John M. Perlowski's leadership, the company has focused on maintaining a high-quality portfolio of investment-grade municipal securities. His strategic decisions have aimed to provide stable income to investors while managing risks associated with interest rate fluctuations and credit quality. He has overseen the fund's operations and ensured compliance with regulatory requirements. His focus has been on delivering consistent performance and protecting shareholder value.
Blackrock 2037 Municipal Target Term Trust Financials Stock: Key Questions Answered
What are the main risks for BMN?
The primary risks for Blackrock 2037 Municipal Target Term Trust include interest rate risk, credit risk, and market risk. Interest rate risk refers to the potential for the fund's value to decline as interest rates rise. Credit risk is the risk that municipal bond issuers may default on their obligations, leading to losses for the fund.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.