BlackRock 2037 Municipal Target Term (BMN) vs Western Asset Investment Grade Income Fund (PAI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
BlackRock 2037 Municipal Target Term is the larger company by market cap ($132.2 million vs $107.7 million), about 1.2 times the size. On valuation, BlackRock 2037 Municipal Target Term trades at a lower trailing P/E (9.7x vs 12.4x for Western Asset Investment Grade Income Fund). Western Asset Investment Grade Income Fund pays a dividend yielding 5.57%, while BlackRock 2037 Municipal Target Term does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | BMN | PAI |
|---|---|---|
| Share price | $21.50 | $11.32 |
| Market cap | $132.17M | $107.66M |
| 1-day change | -0.32% | +0.18% |
| P/E ratio (TTM) | 9.73 | 12.44 |
| EPS (TTM) | $2.21 | $0.91 |
| Dividend yield | 5.52% | 5.57% |
| Annual dividend | $0.00 | $0.63 |
| 52-week high | $27.96 | $12.95 |
| 52-week low | $21.37 | $11.25 |
| Distance from 52-week high | -23.10% | -12.59% |
| Average volume | 15.47K | 18.29K |
| Shares outstanding | 6.15M | 9.51M |
| Sector | Finance | Finance |
| Industry | Trusts Except Educational Religious and Charitable | Trusts Except Educational Religious and Charitable |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Western Asset Investment Grade Income Fund trades at a higher earnings multiple (12.4x vs 9.7x trailing P/E).
About BlackRock 2037 Municipal Target Term
BMN stock →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.
Finance · Trusts Except Educational Religious and Charitable
BMN vs PAI FAQ
Which is bigger, BlackRock 2037 Municipal Target Term or Western Asset Investment Grade Income Fund?
BlackRock 2037 Municipal Target Term (BMN) is larger, with a market capitalization of $132.17M compared with $107.66M for Western Asset Investment Grade Income Fund (PAI).
Which has the lower P/E ratio, BMN or PAI?
BMN has the lower trailing P/E at 9.7, versus 12.4 for PAI. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, BlackRock 2037 Municipal Target Term or Western Asset Investment Grade Income Fund?
Western Asset Investment Grade Income Fund has the higher yield at 5.57%, compared with 5.52% for BlackRock 2037 Municipal Target Term.
Are BlackRock 2037 Municipal Target Term and Western Asset Investment Grade Income Fund in the same industry?
Yes. Both are classified in the Trusts Except Educational Religious and Charitable industry within the Finance sector.