BCITX vs. BMN
Compare and contrast key facts about American Century California Intermediate-Term Tax-Free Bond Fund (BCITX) and Blackrock 2037 Municipal Target Term Trust (BMN).
BCITX is managed by American Century. It was launched on Nov 8, 1983. BMN is an actively managed fund by BlackRock. It was launched on Oct 28, 2022.
Performance
BCITX vs. BMN - Performance Comparison
Loading graphics...
BCITX vs. BMN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
BCITX American Century California Intermediate-Term Tax-Free Bond Fund | -0.47% | 4.74% | 2.17% | 4.75% | 4.02% |
BMN Blackrock 2037 Municipal Target Term Trust | 1.11% | 7.05% | 12.65% | 1.89% | -2.55% |
Returns By Period
In the year-to-date period, BCITX achieves a -0.47% return, which is significantly lower than BMN's 1.11% return.
BCITX
- 1D
- 0.18%
- 1M
- -2.10%
- YTD
- -0.47%
- 6M
- 1.01%
- 1Y
- 4.13%
- 3Y*
- 3.03%
- 5Y*
- 0.96%
- 10Y*
- 1.80%
BMN
- 1D
- 0.96%
- 1M
- -4.53%
- YTD
- 1.11%
- 6M
- 6.76%
- 1Y
- 9.12%
- 3Y*
- 6.05%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BCITX vs. BMN - Expense Ratio Comparison
BCITX has a 0.46% expense ratio, which is lower than BMN's 0.93% expense ratio.
Return for Risk
BCITX vs. BMN — Risk / Return Rank
BCITX
BMN
BCITX vs. BMN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century California Intermediate-Term Tax-Free Bond Fund (BCITX) and Blackrock 2037 Municipal Target Term Trust (BMN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| BCITX | BMN | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.21 | 0.75 | +0.46 |
Sortino ratioReturn per unit of downside risk | 1.66 | 1.18 | +0.47 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.15 | +0.20 |
Calmar ratioReturn relative to maximum drawdown | 1.32 | 1.36 | -0.04 |
Martin ratioReturn relative to average drawdown | 5.10 | 3.59 | +1.51 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| BCITX | BMN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.21 | 0.75 | +0.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.16 | 0.55 | +0.61 |
Correlation
The correlation between BCITX and BMN is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
BCITX vs. BMN - Dividend Comparison
BCITX's dividend yield for the trailing twelve months is around 3.31%, less than BMN's 4.30% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BCITX American Century California Intermediate-Term Tax-Free Bond Fund | 3.31% | 3.49% | 3.40% | 2.70% | 1.67% | 1.93% | 2.22% | 2.77% | 2.65% | 2.48% | 2.42% | 2.39% |
BMN Blackrock 2037 Municipal Target Term Trust | 4.30% | 4.30% | 4.40% | 4.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BCITX vs. BMN - Drawdown Comparison
The maximum BCITX drawdown since its inception was -12.17%, smaller than the maximum BMN drawdown of -13.04%. Use the drawdown chart below to compare losses from any high point for BCITX and BMN.
Loading graphics...
Drawdown Indicators
| BCITX | BMN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.17% | -13.04% | +0.87% |
Max Drawdown (1Y)Largest decline over 1 year | -3.67% | -5.92% | +2.25% |
Max Drawdown (5Y)Largest decline over 5 years | -11.40% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -11.40% | — | — |
Current DrawdownCurrent decline from peak | -2.36% | -4.53% | +2.17% |
Average DrawdownAverage peak-to-trough decline | -1.92% | -2.17% | +0.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 2.24% | -1.29% |
Volatility
BCITX vs. BMN - Volatility Comparison
The current volatility for American Century California Intermediate-Term Tax-Free Bond Fund (BCITX) is 0.83%, while Blackrock 2037 Municipal Target Term Trust (BMN) has a volatility of 5.73%. This indicates that BCITX experiences smaller price fluctuations and is considered to be less risky than BMN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| BCITX | BMN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.83% | 5.73% | -4.90% |
Volatility (6M)Calculated over the trailing 6-month period | 1.43% | 9.49% | -8.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.67% | 12.24% | -8.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.96% | 10.52% | -7.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.35% | 10.52% | -7.17% |