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BMN

Blackrock 2037 Municipal Target Term Trust

NYSE· Monthly distribution· Closed-End Fund

$25.68 ▼ $-0.30(-1.17%) as of Jun 17, 2026 17:08 UTC

Launched by BlackRock, Inc., the BlackRock 2037 Municipal Target Term Trust operates as a closed-end mutual fund specializing in fixed-income investments. Its operations are overseen by BlackRock Advisors, LLC. The fund primarily allocates its capital to investment-grade municipal securities, requiring a minimum rating of BBB- from S&P and Fitch, or Baa3 from Moody's. This trust is officially domiciled in the United States.

Key Metrics

Distribution Yield

4.38%

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Distribution

$1.1250

The most recent payment scaled to a full year by how often it's paid. A $0.25 quarterly dividend annualizes to $1.00.

Frequency

M Monthly

How often the dividend is paid: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

Rank Score

43.6

Our 0-100 house score blending yield, payout safety, growth and momentum. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.

RSI (14)

45

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$24.00 – $27.53

The lowest and highest price over the past year — shows where today's price sits in its recent range.

Payout Ratio

n/a

The share of GAAP earnings paid out as dividends. Lower leaves more cushion; above 100% means paying out more than the company earns. It shows n/a for BDCs, REITs and funds, which pay out of cash flow / net investment income rather than GAAP earnings, so this ratio doesn't apply.

Years Paying

3

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

S.A.F.E. Dividend Read

S.A.F.E. is our quick durability read on the dividend: Sustainability, Adequacy, Financial strength and Endurance. Each letter flags green (good) or amber (worth a look).
S Sustainable Payout
Not meaningful for a fund — assess NAV / distribution coverage.
A Payment Track Record
3 years of dividend payments.
F Fair Valuation
Price-to-book unavailable.
E Entry Signal
Not oversold. RSI 45.

Quote & Key Data

ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume1,381How many shares changed hands in the latest session — a rough read on trading activity.
Open$25.68The price at the start of the latest trading session.
Day Range$25.68 – $25.71The lowest and highest price during the latest trading session.
Prev Close$25.98The closing price from the previous trading session.
Market Cap-The company's total market value: share price times shares outstanding.
Shares Out-The total number of shares the company has issued.
EPSn/aEarnings per share — profit divided by shares outstanding. Dividends are paid out of these earnings.
P/En/aPrice-to-earnings ratio: share price divided by earnings per share. A rough gauge of how richly the stock is valued.
Ex-DistributionSep 15, 2026Buy before this date to receive the upcoming payment. Buy on or after it and the seller keeps that one.
Pay DateOct 01, 2026The date the dividend is actually paid into shareholders' accounts.

Distribution Growth

3-Yr Growth (CAGR)-The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
5-Yr Growth (CAGR)-The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
Consecutive Increases0 yrsThe number of years in a row the dividend has increased — a track record of reliability.

Adjusted Price History

Distribution History

Distribution Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.0938 M Regular Jun 05, 2026 Sep 15, 2026 Sep 15, 2026 Oct 01, 2026
$0.0938 M Regular Jun 05, 2026 Aug 14, 2026 Aug 14, 2026 Sep 01, 2026
$0.0938 M Regular Jun 05, 2026 Jul 15, 2026 Jul 15, 2026 Aug 03, 2026
$0.0938 M Regular Feb 27, 2026 Jun 15, 2026 Jun 15, 2026 Jul 01, 2026
$0.0938 M Regular Feb 27, 2026 May 15, 2026 May 15, 2026 Jun 01, 2026
$0.0938 M Regular Feb 27, 2026 Apr 15, 2026 Apr 15, 2026 May 01, 2026
$0.0938 M Regular Jan 02, 2026 Mar 13, 2026 Mar 13, 2026 Apr 01, 2026
$0.0938 M Regular Jan 02, 2026 Feb 13, 2026 Feb 13, 2026 Mar 02, 2026
$0.0938 M Regular Jan 02, 2026 Jan 20, 2026 Jan 20, 2026 Feb 02, 2026
$0.0938 M Regular Dec 12, 2025 Dec 22, 2025 Dec 22, 2025 Dec 31, 2025
$0.0938 M Regular Nov 03, 2025 Nov 14, 2025 Nov 14, 2025 Dec 01, 2025
$0.0938 M Regular Oct 01, 2025 Oct 15, 2025 Oct 15, 2025 Nov 03, 2025
$0.0938 M Regular Sep 02, 2025 Sep 15, 2025 Sep 15, 2025 Oct 01, 2025
$0.0938 M Regular Aug 01, 2025 Aug 15, 2025 Aug 15, 2025 Sep 02, 2025
$0.0938 M Regular Jul 01, 2025 Jul 15, 2025 Jul 15, 2025 Jul 31, 2025
$0.0938 M Regular Jun 02, 2025 Jun 13, 2025 Jun 13, 2025 Jul 01, 2025
$0.0938 M Regular May 01, 2025 May 15, 2025 May 15, 2025 Jun 02, 2025
$0.0938 M Regular Apr 01, 2025 Apr 15, 2025 Apr 15, 2025 May 01, 2025
$0.0938 M Regular Mar 03, 2025 Mar 14, 2025 Mar 14, 2025 Apr 01, 2025
$0.0938 M Regular Feb 03, 2025 Feb 14, 2025 Feb 14, 2025 Mar 03, 2025
$0.0938 M Regular Jan 02, 2025 Jan 15, 2025 Jan 15, 2025 Feb 03, 2025
$0.0938 M Regular Dec 06, 2024 Dec 16, 2024 Dec 16, 2024 Dec 31, 2024
$0.0938 M Regular Nov 01, 2024 Nov 15, 2024 Nov 15, 2024 Dec 02, 2024
$0.0938 M Regular Sep 12, 2024 Oct 15, 2024 Oct 15, 2024 Nov 01, 2024
$0.0938 M Regular Sep 03, 2024 Sep 16, 2024 Sep 16, 2024 Oct 01, 2024
$0.0938 M Regular Aug 01, 2024 Aug 15, 2024 Aug 15, 2024 Sep 03, 2024
$0.0938 M Regular Jul 01, 2024 Jul 15, 2024 Jul 15, 2024 Aug 01, 2024
$0.0938 M Regular Jun 03, 2024 Jun 14, 2024 Jun 14, 2024 Jul 01, 2024
$0.0938 M Regular May 01, 2024 May 14, 2024 May 15, 2024 Jun 03, 2024
$0.0938 M Regular Apr 01, 2024 Apr 12, 2024 Apr 15, 2024 May 01, 2024
$0.0938 M Regular Mar 01, 2024 Mar 14, 2024 Mar 15, 2024 Apr 01, 2024
$0.0938 M Regular Nov 14, 2023 Feb 14, 2024 Feb 15, 2024 Mar 01, 2024
$0.0938 M Regular Nov 14, 2023 Jan 11, 2024 Jan 12, 2024 Feb 01, 2024
$0.0959 S Regular Nov 14, 2023 Dec 14, 2023 Dec 15, 2023 Dec 29, 2023
$0.0938 M Regular Nov 01, 2023 Nov 14, 2023 Nov 15, 2023 Dec 01, 2023
$0.0938 M Regular Oct 02, 2023 Oct 13, 2023 Oct 16, 2023 Nov 01, 2023
$0.0938 M Regular Sep 01, 2023 Sep 14, 2023 Sep 15, 2023 Oct 02, 2023
$0.0938 M Regular Aug 01, 2023 Aug 14, 2023 Aug 15, 2023 Sep 01, 2023
$0.0938 M Regular Jul 03, 2023 Jul 13, 2023 Jul 14, 2023 Jul 31, 2023
$0.0938 M Regular Jun 01, 2023 Jun 14, 2023 Jun 15, 2023 Jul 03, 2023
$0.0938 M Regular May 01, 2023 May 12, 2023 May 15, 2023 Jun 01, 2023
$0.0938 M Regular Apr 03, 2023 Apr 13, 2023 Apr 14, 2023 May 01, 2023
$0.0938 M Regular Mar 01, 2023 Mar 14, 2023 Mar 15, 2023 Apr 03, 2023
$0.0940 M Regular Feb 01, 2023 Feb 14, 2023 Feb 15, 2023 Mar 01, 2023
$0.0938 M Regular Jan 03, 2023 Jan 12, 2023 Jan 13, 2023 Feb 01, 2023
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