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BlackRock 2037 Municipal Target Term Trust (BMN)

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

Data as of March 24, 2023
Market Price $25.25 (- $0.24)
NAV (March 24, 2023) $25.75 (+ $0.10)
Fund Listed NYSE
Premium / Discount -1.94% (-1.32%)
Fund Info
Inception Oct. 26, 2022
Sponsor BlackRock Advisors
Website https://www.blackrock....
Location Maryland
Incorporated Delaware (Subject to the Maryland Act)
Staggered Board No
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: Dec. 31, 2022) $158M
Estimated Total Assets $158M
Net Assets $158M
Market Cap $155M
Portfolio Turnover %
Total Leverage 0.00%
Structural Leverage (out of total) 0.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 0.61%
Non Lev Exp Ratio 0.61%
Rel Lev Cost %
Discount Data
Average Discount (3 Yr) %
Discount Low(3 Yr) -4.65%
Discount High(3 Yr) 0.87%
Discount Rel Range (3 Yr) 49.01%
Comp Discount 8.98
Discount St Dev (1Yr)
Z-Stat (6mo)
Z-Stat (1Yr)
Z-Stat (3Yr)
Comp Z-Stat (6mo)
Comp Z-Stat (3Yr)
Distribution Data
Market Yield 4.46%
Income Yield 4.46%
Lev Adj NAV Yield 4.37%
Distribution Frequency M
Current Distribution $0.094
Current Income $0.094
Ex-Date 3/14/23
Payable Date 4/3/23
Div Growth (3yr) %
Dividend Change % on
Expected Div 4/3/23
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Volume & Liquidity
Average Daily $ (K) $214
Avg Volume 30 day 10,907
Avg Volume 90 day 8,488
Volume Trend 28.50%
Comp Volume Trend 50.62%
Correlation & Volatility
NAV - Price Correlation (30 d) 38.4%
NAV - Price Correlation (90 d) 23.7%
NAV - Price Correlation (1 Yr) %
Price St Dev (1Yr) %
NAV St Dev (1Yr) %
Earnings / Share (12/31/22) $0.051
Earn Coverage 54.72%
Earnings Trend None
UNII / Share (12/31/22) $0.104
Rel UNII 9.25
UNII Trend None
Bond Specific Data
Credit Rating (rbo) None
Investment Grade None%
Non Investment Grade None%
Unrated Bonds None%
Average Bond Price None
Discount vs Price
Coupon 4.79%
Zero Coupon 1.21%
AMT 0.00%
AMT Yield 4.46%
Bond Calls Risk None%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's National Municipal Bond Index


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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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