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BMN vs. GUIRX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

BMN vs. GUIRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Blackrock 2037 Municipal Target Term Trust (BMN) and Goldman Sachs Dynamic Municipal Income Fund Investor Class (GUIRX). The values are adjusted to include any dividend payments, if applicable.

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BMN vs. GUIRX - Yearly Performance Comparison


2026 (YTD)2025202420232022
BMN
Blackrock 2037 Municipal Target Term Trust
1.11%7.05%12.65%1.89%-2.55%
GUIRX
Goldman Sachs Dynamic Municipal Income Fund Investor Class
-0.25%4.73%3.66%6.37%4.76%

Returns By Period

In the year-to-date period, BMN achieves a 1.11% return, which is significantly higher than GUIRX's -0.25% return.


BMN

1D
0.96%
1M
-4.53%
YTD
1.11%
6M
6.76%
1Y
9.12%
3Y*
6.05%
5Y*
10Y*

GUIRX

1D
0.20%
1M
-1.88%
YTD
-0.25%
6M
1.09%
1Y
3.37%
3Y*
3.99%
5Y*
1.28%
10Y*
2.74%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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BMN vs. GUIRX - Expense Ratio Comparison

BMN has a 0.93% expense ratio, which is higher than GUIRX's 0.47% expense ratio.


Return for Risk

BMN vs. GUIRX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BMN
BMN Risk / Return Rank: 2828
Overall Rank
BMN Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
BMN Sortino Ratio Rank: 2727
Sortino Ratio Rank
BMN Omega Ratio Rank: 2020
Omega Ratio Rank
BMN Calmar Ratio Rank: 4242
Calmar Ratio Rank
BMN Martin Ratio Rank: 2525
Martin Ratio Rank

GUIRX
GUIRX Risk / Return Rank: 3232
Overall Rank
GUIRX Sharpe Ratio Rank: 3030
Sharpe Ratio Rank
GUIRX Sortino Ratio Rank: 2525
Sortino Ratio Rank
GUIRX Omega Ratio Rank: 5151
Omega Ratio Rank
GUIRX Calmar Ratio Rank: 2828
Calmar Ratio Rank
GUIRX Martin Ratio Rank: 2828
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BMN vs. GUIRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Blackrock 2037 Municipal Target Term Trust (BMN) and Goldman Sachs Dynamic Municipal Income Fund Investor Class (GUIRX). 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.


BMNGUIRXDifference

Sharpe ratio

Return per unit of total volatility

0.75

0.83

-0.08

Sortino ratio

Return per unit of downside risk

1.18

1.14

+0.04

Omega ratio

Gain probability vs. loss probability

1.15

1.24

-0.09

Calmar ratio

Return relative to maximum drawdown

1.36

1.07

+0.29

Martin ratio

Return relative to average drawdown

3.59

3.88

-0.29

BMN vs. GUIRX - Sharpe Ratio Comparison

The current BMN Sharpe Ratio is 0.75, which is comparable to the GUIRX Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of BMN and GUIRX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


BMNGUIRXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.75

0.83

-0.08

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.35

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.70

Sharpe Ratio (All Time)

Calculated using the full available price history

0.55

1.07

-0.52

Correlation

The correlation between BMN and GUIRX is 0.19, 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

BMN vs. GUIRX - Dividend Comparison

BMN's dividend yield for the trailing twelve months is around 4.30%, more than GUIRX's 3.76% yield.


TTM20252024202320222021202020192018201720162015
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%
GUIRX
Goldman Sachs Dynamic Municipal Income Fund Investor Class
3.76%4.90%3.86%2.78%2.06%2.16%2.38%2.84%3.04%3.23%3.60%3.68%

Drawdowns

BMN vs. GUIRX - Drawdown Comparison

The maximum BMN drawdown since its inception was -13.04%, smaller than the maximum GUIRX drawdown of -14.21%. Use the drawdown chart below to compare losses from any high point for BMN and GUIRX.


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Drawdown Indicators


BMNGUIRXDifference

Max Drawdown

Largest peak-to-trough decline

-13.04%

-14.21%

+1.17%

Max Drawdown (1Y)

Largest decline over 1 year

-5.92%

-4.51%

-1.41%

Max Drawdown (5Y)

Largest decline over 5 years

-14.16%

Max Drawdown (10Y)

Largest decline over 10 years

-14.21%

Current Drawdown

Current decline from peak

-4.53%

-2.14%

-2.39%

Average Drawdown

Average peak-to-trough decline

-2.17%

-2.13%

-0.04%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.24%

1.25%

+0.99%

Volatility

BMN vs. GUIRX - Volatility Comparison

Blackrock 2037 Municipal Target Term Trust (BMN) has a higher volatility of 5.73% compared to Goldman Sachs Dynamic Municipal Income Fund Investor Class (GUIRX) at 0.93%. This indicates that BMN's price experiences larger fluctuations and is considered to be riskier than GUIRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BMNGUIRXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.73%

0.93%

+4.80%

Volatility (6M)

Calculated over the trailing 6-month period

9.49%

1.53%

+7.96%

Volatility (1Y)

Calculated over the trailing 1-year period

12.24%

4.56%

+7.68%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.52%

3.67%

+6.85%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

10.52%

3.93%

+6.59%