BMN

NYSEMunicipal Bonds Municipal

BlackRock 2037 Municipal Target Term Trust

Sponsor: BlackRock · Inception Oct 27, 2022 · Pays monthly

Market priceShare price

$22.38

+1.34% (+$0.30)

NAVAsset value per share

$23.66

as of Oct 15, 2026 · Nasdaq NAV symbol

Premium / discountPrice vs. assets

5.41% discount *

Indicative: latest price vs latest reported NAV

Distribution rate (price)Payout rate

5.32%

regular, annualised · on NAV 5.03%

Expense ratioAnnual cost

2.17%

fee table, Jul 2, 2026

LeverageBorrowing

Not reported

senior securities not tagged

Quote status: Market closed — last regular-session price · last trade Oct 16, 2026, 4:00 PM EDT (exchange time, ET) · retrieved Oct 16, 2026, 10:40 PM EDTRegular-session prices; extended-hours quotes are not displayed.

From the wire

News mentioning BMN

2 headlines

Municipal Bonds

Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) Sees Significant Drop in Short Interest

Blackrock 2037 Municipal Target Term Trust (NYSE: BMN - Get Free Report) was the target of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 6,983 shares, a decline of 60.3% from the August 31st total of

Defense World · Sep 30 · 06:41 UTC ↗

BMN · Municipal Bonds

Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) Shares Up 0.9% – Here’s What Happened

Defense World · Aug 4 · 02:03 UTC ↗ · BMN · Municipal Bonds

Headlines link to the original publisher; the publisher’s own image is shown where the feed supplies one. Syndicated duplicates are collapsed. Activist or governance items are shown as filed positions or proposals, not as inferred intent.

Data briefs for BMN

Generated from this site’s own record of the fund: distributions, filings, portfolio reports and valuation against its own history. Labelled as ours, separate from external news.

BMN trades 2.5σ below its own 1-year average

The closing price against NAV puts BMN at a 6.6% discount, versus a 1-year average of a 0.1% discount. The Z-score says how unusual that is for this fund alone; it is not a valuation call, and discounts can stay wide.

CEF Explorer Data Desk · Oct 15, 2026 · Valuation

BMN raises its regular distribution 5.9% to $0.0993

Ex-date Oct 15, 2026, from $0.0938. The regular rate on price is now 5.32% with the shares at a 6.6% discount. Classified from the distribution record, not from a sponsor announcement.

CEF Explorer Data Desk · ex Oct 15, 2026 · Distributions

BMN files N-PORT for Jun 30, 2026: 168 positions

Full portfolio as of month-end Jun 30, 2026, made public Aug 25, 2026. Weights are percent of net assets; compare with the prior report on the Holdings tab.

CEF Explorer Data Desk · Aug 25, 2026 · Holdings

Source filings

Shelf / offering registration filed · Jun 22, 2026
Shelf / offering registration filed · Mar 26, 2026
Current report: 8-K · Jan 21, 2025

Distribution record

Every payment on record, the regular rate, and what reinvesting buys at today's discount.

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Price vs. NAV

The full premium/discount history and where today sits against it.

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CEF Explorer research page for BlackRock 2037 Municipal Target Term Trust. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.