BMN Research | Milton Maxwell

BMN

Blackrock 2037 Municipal Target Term Trust

25.35

+0.10+0.4%

Dec 16, 4:00:02 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

155.84M

P/E (TTM)

253.50

Basic EPS (TTM)

0.10

Dividend Yield

Recent Filings

8-K

Standstill deal with Saba

1/21/25Jan 21, 2025

BlackRock 2037 Municipal Target Term Trust inked a standstill pact with Saba Capital Management on January 20, 2025, curbing activist moves until after the 2027 shareholder meeting or August 31, 2027. Saba pledges to back the board's voting slate and skip proxy fights or board challenges, while both sides vow no public smears. This truce shields governance stability. Litigation looms if breached.

About

Blackrock 2037 Municipal Target Term Trust is an close-ended fixed income mutual fund launched by Blackrock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily invests in n investment grade municipal securities that are rated BBB- or above by S&P and Fitch or Baa3 or above by Moody's. Blackrock 2037 Municipal Target Term Trust is domiciled in the United States.

IPO

10/27/2022

Sector

Financial Services

Industry

Asset Management