Is BMN a Friend, Question Mark or Foe?

BMN is classified a Friend under the Income Quality Score framework, based on long-duration distribution and total-return history. This is a research classification, not investment advice.

How safe is the BMN distribution?

A Friend is an income asset whose long-term economic total return has historically covered its distributions and whose distribution has been stable over the available history. It describes a track record of durable, well-covered income.

Home › IQ Score › BMN

Public snapshot

BMN Income Quality Score

Name: BMN Income Quality Score
Creator: Income Quality Score
Keywords: BMN income quality, BMN dividend quality, BMN dividend safety, BMN distribution history, BMN dividend score, BMN analysis, Blackrock 2037 Municipal Target Term Trust dividend

Blackrock 2037 Municipal Target Term Trust (BMN) has an Income Quality Score of 69/100, classified as a Friend with low confidence, based on a 3-year income and total-return history.

Blackrock 2037 Municipal Target Term Trust (BMN) is a closed-end fund and is part of the IQ Score universe.

July 2026 snapshotAs of June 30, 2026Lookback: 3-year

Explore More IQ Scores Get Monthly IQ Score Updates

Long-term focused3-year income and total-return analysis

Data-drivenObjective scoring across 5 quality, distribution and risk signals

Clear classificationFriends to own. Foes to avoid.

IQ Score

69/100

FriendLow confidence

Asset Type

CEF

Exchange

NYSE

Trailing Yield (TTM)

Not published

No normalized trailing yield is published for closed-end funds in this snapshot.

Rank in CEF Universe

74 of 358

Lookback

3-year

Data as of

June 30, 2026

How the IQ Score works →

About this snapshot
This is the public July 2026 snapshot. Public snapshots are delayed and frozen: once released, a month's scores do not change, and current data is reserved for members. The July 2026 snapshot is published as the public launch snapshot.

Read about data freshness →

Follow BMN and 700+ Other Income Tickers

Get a free monthly email as new public IQ Score snapshots are released — new Friends, downgrades and distribution changes across the income universe.

Get Monthly IQ Score Updates

BMNBlackrock 2037 Municipal Target Term Trust

69FriendLow confidence

Snapshot: 2026-06
Data as of: 2026-06-30
Lookback: 3-year
Asset type: Closed-End Fund

IQ Score History

Not enough published history yet to draw a trend.

Signals & Drivers

IQ signal scores

Each signal is normalised to 0–100 and combined by weight into the overall IQ Score.

Economic Payout Coverage

58/100

Working Capital Preservation

63/100

Distribution Cut Score

100/100

Distribution Trend

50/100

NAV CAGR

76/100

What is working

Working capital preserved over time
No material annual distribution decline across 3 full years of data
Stable NAV over available history

Distribution Safety

0Years raised

0Years cut

4Years of data

HeldCurrent trend

Lower confidence (3–4 years of history)

20231.1271Held
20241.1249Held
20251.1249Held
20260.5625Partial year

Distributions per year, from the frozen distribution-stability signal.

Explore More Income Quality Scores

Browse the full Income Quality Score research across CEFs, BDCs, REITs and income ETFs.

Browse All IQ Scores

IQ Score is a long-duration quality and distribution-safety classification for income assets. It is research based on historical data, not personal investment advice, and it does not tell you what to buy or sell. Figures reflect a delayed public snapshot and may differ from current data.