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BlackRock 2037 Municipal Target Term Trust (BMN)

National Muni Bond Funds - National Municipal (tax-free) Bond

Data as of Dec. 4, 2024
Current
Market Price $25.56 (- $0.09)
NAV (Dec. 4, 2024) $26.23 ( $0.00)
Fund Listed NYSE
Premium / Discount -2.55% (-0.34%)
Fund Info
Inception Oct. 26, 2022
Sponsor BlackRock Advisors
Website https://www.blackrock....
Phone
NAV Symbol XBMNX
Location Maryland
Incorporated Delaware (Subject to the Maryland Act)
Staggered Board No
Term Date Sept. 30, 2037
Objective: Current income exempt from regular federal income tax and to return $25.00 per common share on or about September 30, 2037
Related Indexes
Term Municipal Fund Index
Capital & Leverage
Outstanding Shares 6,147,653
Total Assets (Reported: June 30, 2024) $173M
Estimated Total Assets $174M
Net Assets $161M
Market Cap $157M
Portfolio Turnover 20.00%
Total Leverage 7.25%
Structural Leverage (out of total) 0.00%
Portfolio Leverage (out of total) 100.00%
Expense Ratio 1.02%
Non Lev Exp Ratio 0.70%
Rel Lev Cost 4.08%
Discount Data
Average Discount (3 Yr) %
Discount Low(3 Yr) -9.98%
Discount High(3 Yr) 0.87%
Discount Rel Range (3 Yr) 68.41%
Comp Discount 4.77
Discount St Dev (1Yr) 1.87
Z-Stat
Z-Stat (6mo) 1.67
Z-Stat (1Yr) 1.78
Z-Stat (3Yr)
Comp Z-Stat (6mo) 1.61
Comp Z-Stat (3Yr)
Distribution Data
Market Yield 4.40%
Income Yield 4.40%
Lev Adj NAV Yield 4.00%
Distribution Frequency M
Current Distribution $0.094
Current Income $0.094
Ex-Date 11/15/24
Payable Date 12/2/24
Div Growth (3yr) %
Dividend Change % on
Expected Div 12/5/24
RoC (1yr) 0.36%
RoC (3yr) 0.19%
Volume & Liquidity
Average Daily $ (K) $326
Avg Volume 30 day 12,338
Avg Volume 90 day 12,745
Volume Trend -3.19%
Comp Volume Trend -7.67%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
28.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
33.0%
Price Correlation (1yr)
vs. CEFA's National Municipal Bond Index
56.0%
Most Correlated Peer (Mk Pr): MVT 70.0%
NAV - Price Correlation (30 d) 86.8%
NAV - Price Correlation (90 d) 42.4%
NAV - Price Correlation (1 Yr) 52.3%
Price St Dev (1Yr) 7.7%
NAV St Dev (1Yr) 3.0%
Earnings
Earnings / Share (10/31/24) $0.087
Earn Coverage 92.80%
Earnings Trend Down
UNII / Share (10/31/24) $-0.031
Rel UNII -2.76
UNII Trend Down
Bond Specific Data
Maturity 13.24
Duration 6.49
Credit Rating (rbo) None
Investment Grade None%
Non Investment Grade None%
Unrated Bonds None%
Average Bond Price 97.06
Discount vs Price -5.49
Coupon 5.13%
Zero Coupon 0.74%
AMT 17.48%
AMT Yield 4.19%
Bond Calls Risk 15.40%
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
0.48
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
0.31
NAV Beta (2yr)
vs. CEFA's National Municipal Bond Index
0.51

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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

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