BMN (BlackRock 2037 Mun Tgt) Beta: 0.4072 (As of Jul. 16, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BMN BlackRock 2037 Mun Tgt BMN
48 GF Score
Price $25.58
GF Value $46.43
Valuation Possible Value Trap
! 4 Warning Signs
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What is BlackRock 2037 Mun Tgt Beta?

BlackRock 2037 Mun Tgt BMN +0.07% 48 Beta is 0.4072 as of Jul. 16, 2026. GuruFocus rates BMN with a GF Score™ of 48/100 and a GF Value™ of $46.43 (Possible Value Trap). The stock has 4 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-16), BlackRock 2037 Mun Tgt's Beta is 0.4072.

BlackRock 2037 Mun Tgt  (NYSE:BMN) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

BlackRock 2037 Mun Tgt Beta Related Terms

BlackRock 2037 Mun Tgt Beta Historical Data

* Premium members only.

The historical data trend for BlackRock 2037 Mun Tgt's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BlackRock 2037 Mun Tgt Beta Chart

BlackRock 2037 Mun Tgt Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Beta
0.00 0.00 0.00 0.50

BlackRock 2037 Mun Tgt Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beta Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.50

BMN vs GLQ, NAZ, MHF: Beta Comparison

For the Asset Management subindustry, BlackRock 2037 Mun Tgt's Beta, along with its competitors' market caps and Beta data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

BlackRock 2037 Mun Tgt Beta vs Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock 2037 Mun Tgt's Beta distribution charts can be found below:

* The bar in red indicates where BlackRock 2037 Mun Tgt's Beta falls into.


BMN
48GF Score
BlackRock 2037 Mun Tgt BMN
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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BlackRock 2037 Mun Tgt Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

Frequently Asked Questions Learn more about Beta →
What does a Beta of 0.4072 mean?
BlackRock 2037 Mun Tgt (BMN) has a Beta of 0.4072 as of Jul. 16, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for BlackRock 2037 Mun Tgt and its competitors.
Is BlackRock 2037 Mun Tgt's Beta too high?
BlackRock 2037 Mun Tgt's current Beta is 0.4072. Overall, BlackRock 2037 Mun Tgt has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BlackRock 2037 Mun Tgt's Beta compare to GLQ and NAZ?
BlackRock 2037 Mun Tgt's Beta of 0.4072 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for an Asset Management company?
A good Beta depends on the Asset Management industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for BlackRock 2037 Mun Tgt and its competitors. BlackRock 2037 Mun Tgt's current Beta is 0.4072. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock 2037 Mun Tgt stock overvalued right now?
Based on GuruFocus' analysis, BlackRock 2037 Mun Tgt (BMN) is currently considered Possible Value Trap. The stock's GF Value™ is $46.43, compared to a current price of $25.58 — trading 44.9% below its estimated fair value. The current Beta is 0.4072. BlackRock 2037 Mun Tgt's overall GF Score™ is 48/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For BlackRock 2037 Mun Tgt (BMN), the current Beta is 0.4072 as of Jul. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BlackRock 2037 Mun Tgt (BMN) Overvalued in 2026?

Based on GuruFocus' analysis, BlackRock 2037 Mun Tgt stock appears to be undervalued. The current stock price of $25.58 is trading 44.9% below its estimated GF Value™ of $46.43. GuruFocus considers BlackRock 2037 Mun Tgt to be Possible Value Trap.

Key valuation signals for BMN:

  • Beta: 0.4072
  • GF Value™: $46.43 vs. price of $25.58 (44.9% below fair value)
  • GF Score™: 48/100 with 4 warning signs

No single metric tells the full story. See the BMN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

BlackRock 2037 Mun Tgt Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock 2037 Mun Tgt is a non-diversified, closed-end management investment company. The Trust's investment objective is to provide current income that is exempt from regular federal income tax. The Trust invests in investment grade quality securities or securities that are unrated but judged to be of comparable quality by the investment adviser.
48GF Score

Get the complete analysis for BMN

Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$25.58
Price
$46.43
GF Value