Blackrock 2037 Municipal Target Term Trust (BMN) is trading at $25.85, which is -6.1% below its all-time high of $27.53. The Drawdown Severity Score is 2.0, placing it in the yellow (elevated) zone. Over its tracked history, BMN has experienced 20 significant drawdown events with an average maximum drawdown of -2.3%.
Data last updated: May 30, 2026 at 04:17 PM EDT
BMN
StockBlackrock 2037 Municipal Target Term Trust
Price
$25.85
as of May 29, 2026
All Time High: $27.53
Moderately Elevated
Current Drawdown
-6.1%
Days in Drawdown
62
Avg Max Drawdown
1.9%
Avg Length
51
Drawdown Severity Score™
2.0
BMN - Price & High Water Mark
BMN - Drawdown Timeline
How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.
Blackrock 2037 Municipal Target Term Trust (BMN) Analysis: Current Drawdown Insights
Blackrock 2037 Municipal Target Term Trust is currently experiencing an unusual drawdown opportunity. As of 2026-05-29, the stock is trading at $25.85, which represents a 6.1% decline from its all-time high of $27.53. This drawdown has persisted for 62 days.
Based on comprehensive historical analysis spanning 3 years, Blackrock 2037 Municipal Target Term Trust typically experiences drawdowns averaging 1.9% in depth, with an average duration of 51 days. Blackrock 2037 Municipal Target Term Trust has gone through 20 total drawdown events in the last 3 years. The largest drawdown for Blackrock 2037 Municipal Target Term Trust in the last 3 years was 13.0%. The longest drawdown duration in its history was 362 days.
The Drawdown Severity Score™ for Blackrock 2037 Municipal Target Term Trust currently stands at 2.04. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 2.0 and 3.0 indicates a moderately elevated drawdown that's starting to exceed normal ranges—worth monitoring for potential opportunities.
Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns—periods when the price declines from all-time highs before recovering. By analyzing Blackrock 2037 Municipal Target Term Trust's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that may represent a buying opportunity.
📜 Historical Drawdown Events
Current drawdown shown in blue. Complete record of all 20 historical pullbacks below.
| Start Date | End Date | Duration | Max Depth | Start Price | Lowest Price | Recovery Price |
|---|---|---|---|---|---|---|
| 2026-03-28 | Ongoing | 62 days | -6.1% | $27.53 | $25.85 | — |
| 2025-03-04 | 2025-09-10 | 190 days | -7.9% | $25.18 | $23.20 | $25.20 |
| 2025-01-08 | 2025-03-03 | 55 days | -2.3% | $25.09 | $24.50 | $25.18 |
| 2024-12-03 | 2025-01-07 | 36 days | -2.4% | $24.90 | $24.31 | $25.09 |
| 2024-10-01 | 2024-11-27 | 58 days | -3.4% | $24.53 | $23.69 | $24.74 |
| 2024-09-27 | 2024-09-30 | 4 days | -0.8% | $24.36 | $24.16 | $24.53 |
| 2024-09-25 | 2024-09-26 | 2 days | -0.2% | $24.20 | $24.16 | $24.36 |
| 2024-08-29 | 2024-09-24 | 27 days | -1.3% | $24.19 | $23.88 | $24.20 |
| 2024-08-23 | 2024-08-28 | 6 days | -0.8% | $24.11 | $23.93 | $24.19 |
| 2024-08-20 | 2024-08-22 | 3 days | -0.1% | $23.89 | $23.86 | $24.11 |
| 2024-08-12 | 2024-08-16 | 5 days | -0.5% | $23.74 | $23.62 | $23.76 |
| 2024-07-29 | 2024-08-08 | 11 days | -1.2% | $23.70 | $23.43 | $23.72 |
| 2024-07-25 | 2024-07-26 | 2 days | -0.2% | $23.66 | $23.60 | $23.70 |
| 2024-07-18 | 2024-07-24 | 7 days | -1.3% | $23.64 | $23.32 | $23.66 |
| 2024-05-17 | 2024-07-15 | 60 days | -3.6% | $23.57 | $22.72 | $23.57 |
| 2023-05-12 | 2024-05-07 | 362 days | -13.0% | $22.88 | $19.90 | $22.89 |
| 2023-03-22 | 2023-05-11 | 51 days | -2.2% | $22.86 | $22.37 | $22.88 |
| 2022-11-23 | 2023-03-20 | 117 days | -4.5% | $22.60 | $21.58 | $22.81 |
| 2022-11-18 | 2022-11-21 | 4 days | -0.4% | $22.58 | $22.50 | $22.60 |
| 2022-11-11 | 2022-11-16 | 6 days | -0.3% | $22.45 | $22.38 | $22.46 |
| 2022-11-01 | 2022-11-10 | 10 days | -0.6% | $22.25 | $22.12 | $22.45 |
How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).
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BMN Price History and Drawdown Data
Latest price
$25.85
High-water mark
$27.53
Current drawdown
-6.1%
Days in drawdown
62
This BMN page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Blackrock 2037 Municipal Target Term Trust drawdowns.
What History Says About BMN
Blackrock 2037 Municipal Target Term Trust has dropped 6%+ from its high 2 times in its tracked history. These events lasted an average of 276 days with an average max drop of -10.5%.
The current drawdown of -6.1% has lasted 62 days, which is within the typical range for comparable events.
| Period | Max Drop | Duration |
|---|---|---|
| May 2023 to May 2024 | -13.0% | 362 days |
| Mar 2025 to Sep 2025 | -7.9% | 190 days |
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