BMN (BlackRock 2037 Mun Tgt) Effective Interest Rate on Debt %: 5.02% (As of Dec. 2025)

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BMN BlackRock 2037 Mun Tgt BMN
48 GF Score
Price $25.10
GF Value $46.71
Valuation Possible Value Trap
! 4 Warning Signs
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What is BlackRock 2037 Mun Tgt Effective Interest Rate on Debt %?

BlackRock 2037 Mun Tgt BMN -0.20% 48 Effective Interest Rate on Debt % is 5.02% as of Dec. 2025. GuruFocus rates BMN with a GF Score™ of 48/100 and a GF Value™ of $46.71 (Possible Value Trap). The stock has 4 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. BlackRock 2037 Mun Tgt's annualized positive value of Interest Expense for the quarter that ended in Dec. 2025 was $2.58 Mil. BlackRock 2037 Mun Tgt's average total debt for the quarter that ended in Dec. 2025 was $51.43 Mil. Therefore, BlackRock 2037 Mun Tgt's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2025 was 5.02%.


BlackRock 2037 Mun Tgt  (NYSE:BMN) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


BlackRock 2037 Mun Tgt Effective Interest Rate on Debt % Related Terms


BlackRock 2037 Mun Tgt Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for BlackRock 2037 Mun Tgt's Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % Chart

BlackRock 2037 Mun Tgt Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
0.00 0.57 3.91 6.33

BlackRock 2037 Mun Tgt Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Effective Interest Rate on Debt % Get a 7-Day Free Trial 2.27 4.15 3.68 4.59 5.02

BMN vs GLQ, IGA, OXSQ: Effective Interest Rate on Debt % Comparison

For the Asset Management subindustry, BlackRock 2037 Mun Tgt's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock 2037 Mun Tgt's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where BlackRock 2037 Mun Tgt's Effective Interest Rate on Debt % falls into.


BMN
48GF Score
BlackRock 2037 Mun Tgt BMN
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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BlackRock 2037 Mun Tgt Effective Interest Rate on Debt % Calculation

BlackRock 2037 Mun Tgt's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -2.022/( (12.335+51.58)/ 2 )
=-1  *  -2.022/31.9575
=6.33 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.335 + 0
=12.335

BlackRock 2037 Mun Tgt's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2025 )+Total Debt  (Q: Dec. 2025 ))/ count )
=-1  *  -2.584/( (51.27+51.58)/ 2 )
=-1  *  -2.584/51.425
=5.02 %

where

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is two times the semi-annual (Dec. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 5.02% mean?
BlackRock 2037 Mun Tgt (BMN) has a Effective Interest Rate on Debt % of 5.02% as of Dec. 2025. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on BlackRock 2037 Mun Tgt and its competitors.
Is BlackRock 2037 Mun Tgt's Effective Interest Rate on Debt % too high?
BlackRock 2037 Mun Tgt's current Effective Interest Rate on Debt % is 5.02%. 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 Effective Interest Rate on Debt % compare to GLQ and IGA?
BlackRock 2037 Mun Tgt's Effective Interest Rate on Debt % of 5.02% 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 Effective Interest Rate on Debt % for an Asset Management company?
A good Effective Interest Rate on Debt % depends on the Asset Management industry context. However, Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on BlackRock 2037 Mun Tgt and its competitors. BlackRock 2037 Mun Tgt's current Effective Interest Rate on Debt % is 5.02%. 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 $46.71, compared to a current price of $25.10 — trading 46.3% below its estimated fair value. The current Effective Interest Rate on Debt % is 5.02%. 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 Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For BlackRock 2037 Mun Tgt (BMN), the current Effective Interest Rate on Debt % is 5.02% as of Dec. 2025. 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 $25.10 is trading 46.3% below its estimated GF Value™ of $46.71. GuruFocus considers BlackRock 2037 Mun Tgt to be Possible Value Trap.

Key valuation signals for BMN:

  • Effective Interest Rate on Debt %: 5.02%
  • GF Value™: $46.71 vs. price of $25.10 (46.3% 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

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$25.10
Price
$46.71
GF Value