BMN (BlackRock 2037 Mun Tgt) Tax Rate %: 0.00% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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 $25.33
GF Value $46.87
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is BlackRock 2037 Mun Tgt Tax Rate %?

BlackRock 2037 Mun Tgt BMN -0.16% 48 Tax Rate % is 0.00% as of Dec. 2025. GuruFocus rates BMN with a GF Score™ of 48/100 and a GF Value™ of $46.87 (Possible Value Trap). The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. BlackRock 2037 Mun Tgt's Tax Expense for the six months ended in Dec. 2025 was $0.00 Mil. BlackRock 2037 Mun Tgt's Pre-Tax Income for the six months ended in Dec. 2025 was $8.24 Mil. Therefore, BlackRock 2037 Mun Tgt's Tax Rate % for the quarter that ended in Dec. 2025 was 0.00%.


BlackRock 2037 Mun Tgt Tax Rate % Related Terms


BlackRock 2037 Mun Tgt Tax Rate % Historical Data

* Premium members only.

The historical data trend for BlackRock 2037 Mun Tgt's Tax Rate % 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 Tax Rate % Chart

BlackRock 2037 Mun Tgt Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Tax Rate %
0.00 0.00 0.00 0.00

BlackRock 2037 Mun Tgt Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Tax Rate % Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00
BMN
48GF Score
BlackRock 2037 Mun Tgt BMN
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BlackRock 2037 Mun Tgt Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

BlackRock 2037 Mun Tgt's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=0/7.158
=0.00 %

BlackRock 2037 Mun Tgt's Tax Rate % for the quarter that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2025 )/Pre-Tax Income (Q: Dec. 2025 )
=0/8.244
=0.00 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 0.00% mean?
BlackRock 2037 Mun Tgt (BMN) has a Tax Rate % of 0.00% as of Dec. 2025.
Is BlackRock 2037 Mun Tgt's Tax Rate % too high?
BlackRock 2037 Mun Tgt's current Tax Rate % is 0.00%. 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 Tax Rate % compare to GLQ and IGA?
BlackRock 2037 Mun Tgt's Tax Rate % of 0.00% 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 Tax Rate % for an Asset Management company?
A good Tax Rate % depends on the Asset Management industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. BlackRock 2037 Mun Tgt's current Tax Rate % is 0.00%. 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 $46.87, compared to a current price of $25.33 — trading 46% below its estimated fair value. The current Tax Rate % is 0.00%. 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 Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For BlackRock 2037 Mun Tgt (BMN), the current Tax Rate % is 0.00% 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 $25.33 is trading 46% below its estimated GF Value™ of $46.87. GuruFocus considers BlackRock 2037 Mun Tgt to be Possible Value Trap.

Key valuation signals for BMN:

  • Tax Rate %: 0.00%
  • GF Value™: $46.87 vs. price of $25.33 (46% 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

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

$25.33
Price
$46.87
GF Value