Blackrock 2037 Municipal Target Term Trust (BMN)
- 1-year return-6.01%
- Duration6.79 yrs
BMN ETF price chart
BMN quote & trading statistics
BMN performance
Annual returns & drawdowns →- YTD-12.01%
- 1 year-6.01%
- 3 years+4.75%/yr
- 1Y volatility
- 9.88%
- 3Y volatility
- 8.09%
- 3Y Sharpe ratio
- -0.25
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
BMN bond portfolio
Rate scenarios & peers →- Yield to maturity
- 8.01%
- Effective duration
- 6.79 yrs
- Average maturity
- 14.0 yrs
- Average coupon
- 5.00%
A one-percentage-point rise in interest rates would lower the price by about 6.8%.
About Blackrock 2037 Municipal Target Term Trust
Blackrock 2037 Municipal Target Term Trust is an close-ended fixed income mutual fund launched by Blackrock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily invests in n investment grade municipal securities that are rated BBB- or above by S&P and Fitch or Baa3 or above by Moody's. Blackrock 2037 Municipal Target Term Trust is domiciled in the United States.
BMN ETF FAQ
How has BMN performed?
BMN returned -6.01% over the past year, including reinvested distributions.
When was BMN launched?
Blackrock 2037 Municipal Target Term Trust began trading on October 28, 2022.