Blackrock 2037 Municipal Target Term Trust (BMN) Yield on Cost (YOC): 4.26%
The yield on cost (YOC) for Blackrock 2037 Municipal Target Term Trust (BMN) is 4.26%.
BMN Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
4.26%
Yield on Cost for BMN
BMN now pays $1.13 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 3 years ago(2023-06-09) | $25.13 | 4.50% |
| 1 year ago(2025-06-10) | $24.75 | 4.57% |
| Buying today(at $26.43) | $26.43 | 4.26% |
Yield on Cost Calculator
Try your own purchase price, dividend and growth rate for Blackrock 2037 Municipal Target Term Trust (BMN).
Starting Yield
4.28%
Ending YOC
13.56%
Year 15 Dividend
$3.58
Cum. Dividends Recd.
$33.14
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.13 | — | 4.28% | $0.00 |
| Year 1 | $1.22 | +8.00% | 4.62% | $1.22 |
| Year 2 | $1.32 | +8.00% | 4.99% | $2.54 |
| Year 3 | $1.42 | +8.00% | 5.39% | $3.96 |
| Year 4 | $1.54 | +8.00% | 5.82% | $5.50 |
| Year 5 | $1.66 | +8.00% | 6.28% | $7.16 |
| Year 6 | $1.79 | +8.00% | 6.78% | $8.95 |
| Year 7 | $1.94 | +8.00% | 7.33% | $10.89 |
| Year 8 | $2.09 | +8.00% | 7.91% | $12.98 |
| Year 9 | $2.26 | +8.00% | 8.55% | $15.24 |
| Year 10 | $2.44 | +8.00% | 9.23% | $17.68 |
| Year 11 | $2.63 | +8.00% | 9.97% | $20.31 |
| Year 12 | $2.85 | +8.00% | 10.77% | $23.16 |
| Year 13 | $3.07 | +8.00% | 11.63% | $26.23 |
| Year 14 | $3.32 | +8.00% | 12.56% | $29.55 |
| Year 15 | $3.58 | +8.00% | 13.56% | $33.14 |
Blackrock 2037 Municipal Target Term Trust Yield on Cost (YOC) Formula & Definition
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Blackrock 2037 Municipal Target Term Trust Yield on Cost (YOC) FAQ
- What is the yield on cost (YOC) for Blackrock 2037 Municipal Target Term Trust (BMN)?
- The yield on cost (YOC) for BMN stock is 4.26%.
About Blackrock 2037 Municipal Target Term Trust
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.
- Sector
- Financial Services
- Industry
- Asset Management
- CEO
- John M. Perlowski