BlackRock Investment Quality Municipal Trust (BKN)

• Market cap: $194M
• 1 day: -0.79%
• 5 days: -5.45%
• 1 month: -5.53%
• 3 months: -10.90%
• 6 months: -5.45%
• Year to date: -5.53%
• 1 year: -6.39%
• 5 years: -26.90%
• 10 years: -31.05%

About: Blackrock Investment Quality Municipal Trust, Inc. is a closed-end management investment fund with the investment objective to provide high current income exempt from regular U.S. federal income tax consistent with the preservation of capital.

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

20% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 15

3% less funds holding

Funds holding: 61 [Q2] → 59 (-2) [Q3]

5.34% less ownership

Funds ownership: 27.44% [Q2] → 22.1% (-5.34%) [Q3]

13% less capital invested

Capital invested by funds: $56.5M [Q2] → $49M (-$7.57M) [Q3]

33% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 6