BMN (BlackRock 2037 Mun Tgt) 5-Year Yield-on-Cost %: 4.45 (As of Jul. 28, 2026) — Near Median

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BMN BlackRock 2037 Mun Tgt BMN
48 GF Score
Price $25.30
GF Value $46.71
Valuation Possible Value Trap
! 4 Warning Signs
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What is BlackRock 2037 Mun Tgt 5-Year Yield-on-Cost %?

BlackRock 2037 Mun Tgt BMN +0.60% 48 5-Year Yield-on-Cost % is 4.45 as of Jul. 28, 2026, which is 0% above its 10-year median of 4.43. 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. Among 1,113 Asset Management companies, BlackRock 2037 Mun Tgt ranks worse than 67.65% on this metric.

BlackRock 2037 Mun Tgt's yield on cost for the quarter that ended in Dec. 2025 was 4.45.


The historical rank and industry rank for BlackRock 2037 Mun Tgt's 5-Year Yield-on-Cost % or its related term are showing as below:

BMN' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.37   Med: 4.43   Max: 4.75
Current: 4.45


During the past 4 years, BlackRock 2037 Mun Tgt's highest Yield on Cost was 4.75. The lowest was 0.37. And the median was 4.43.


BMN's 5-Year Yield-on-Cost % is ranked worse than
67.65% of 1113 companies
in the Asset Management industry
Industry Median: 6.5 vs BMN: 4.45

BlackRock 2037 Mun Tgt  (NYSE:BMN) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


BlackRock 2037 Mun Tgt 5-Year Yield-on-Cost % Related Terms


BMN vs GLQ, IGA, OXSQ: 5-Year Yield-on-Cost % Comparison

For the Asset Management subindustry, BlackRock 2037 Mun Tgt's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock 2037 Mun Tgt's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where BlackRock 2037 Mun Tgt's 5-Year Yield-on-Cost % falls into.


BMN
48GF Score
BlackRock 2037 Mun Tgt BMN
5-Year Yield-on-Cost % is just one metric. See GF Score™, valuation, warning signs, and more.
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BlackRock 2037 Mun Tgt 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of BlackRock 2037 Mun Tgt is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5
Frequently Asked Questions Learn more about 5-Year Yield-on-Cost % →
What does a 5-Year Yield-on-Cost % of 4.45 mean?
BlackRock 2037 Mun Tgt (BMN) has a 5-Year Yield-on-Cost % of 4.45 as of Jul. 28, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on BlackRock 2037 Mun Tgt and its competitors. This is near median its historical median of 4.43. Over the past decade, BlackRock 2037 Mun Tgt's 5-Year Yield-on-Cost % has ranged from 0.37 to 4.75. According to the industry distribution chart, BlackRock 2037 Mun Tgt ranks #753 out of 1113 companies in the Asset Management industry, placing it in the top 67.7%.
Is BlackRock 2037 Mun Tgt's 5-Year Yield-on-Cost % too high?
BlackRock 2037 Mun Tgt's current 5-Year Yield-on-Cost % of 4.45 is near median its 10-year median of 4.43. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 4.75. The Asset Management industry median 5-Year Yield-on-Cost % is 6.50. BlackRock 2037 Mun Tgt's value of 4.45 is 31.5% below this industry median. Based on the distribution chart, BlackRock 2037 Mun Tgt ranks #753 out of 1113 companies in the Asset Management industry, which is below the industry midpoint. 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 5-Year Yield-on-Cost % compare to GLQ and IGA?
According to the Asset Management industry distribution chart, BlackRock 2037 Mun Tgt ranks #753 out of 1113 companies for 5-Year Yield-on-Cost %. This places BlackRock 2037 Mun Tgt in the lower half of its industry. The industry median 5-Year Yield-on-Cost % is 6.50. BlackRock 2037 Mun Tgt's value of 4.45 is 31.5% below this benchmark. Historically, BlackRock 2037 Mun Tgt's own 5-Year Yield-on-Cost % has ranged from 0.37 to 4.75 over the past decade. While the company's 10-year median is 4.43 vs. the industry median of 6.50, BlackRock 2037 Mun Tgt has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year Yield-on-Cost % for an Asset Management company?
The median 5-Year Yield-on-Cost % among Asset Management companies is 6.50, based on 1,113 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BlackRock 2037 Mun Tgt's current 5-Year Yield-on-Cost % of 4.45 is 31.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on BlackRock 2037 Mun Tgt and its competitors. For the Asset Management industry, the median 5-Year Yield-on-Cost % is 6.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackRock 2037 Mun Tgt's current 5-Year Yield-on-Cost % is 4.45, which is near median its own 10-year median of 4.43. 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 $25.30 — trading 45.8% below its estimated fair value. The current 5-Year Yield-on-Cost % is 4.45, which is near median its 10-year median of 4.43 and 31.5% below the Asset Management industry median of 6.50. 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 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For BlackRock 2037 Mun Tgt (BMN), the current 5-Year Yield-on-Cost % is 4.45 as of Jul. 28, 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 $25.30 is trading 45.8% below its estimated GF Value™ of $46.71. GuruFocus considers BlackRock 2037 Mun Tgt to be Possible Value Trap.

Key valuation signals for BMN:

  • 5-Year Yield-on-Cost %: 4.45 (near median its 10-year median of 4.43)
  • GF Value™: $46.71 vs. price of $25.30 (45.8% below fair value)
  • GF Score™: 48/100 with 4 warning signs
  • Industry Position: 31.5% below the Asset Management median (#753 of 1113)

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

5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$25.30
Price
$46.71
GF Value