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BMN (BlackRock 2037 Mun Tgt) 5-Year Yield-on-Cost % : 4.43 (As of Apr. 01, 2025)


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What is BlackRock 2037 Mun Tgt 5-Year Yield-on-Cost %?

BlackRock 2037 Mun Tgt's yield on cost for the quarter that ended in Dec. 2024 was 4.43.


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: 4.41   Max: 4.75
Current: 4.43


During the past 3 years, BlackRock 2037 Mun Tgt's highest Yield on Cost was 4.75. The lowest was 0.37. And the median was 4.41.


BMN's 5-Year Yield-on-Cost % is ranked worse than
67.04% of 1168 companies
in the Asset Management industry
Industry Median: 6.35 vs BMN: 4.43

Competitive Comparison of BlackRock 2037 Mun Tgt's 5-Year Yield-on-Cost %

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's 5-Year Yield-on-Cost % Distribution in the 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.


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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

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

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BlackRock 2037 Mun Tgt Business Description

Traded in Other Exchanges
N/A
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.
Executives
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Peter Hayes other: Officer of the Advisor 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Jonathan Diorio officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
Jay M. Fife officer: Treasurer 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Blackrock Advisors Llc other: Investment Adviser 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Blackrock Financial Management Inc/de other: See Remarks 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Frank Fabozzi director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert Glenn Hubbard director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
W Carl Kester director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
John Perlowski director, officer: President and CEO 100 BELLEVUE PARKWAY, WILMINGTON DE 19809

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