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BLACKROCK Municipal Income TRUST V.BFK.P


Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.


NYSE:BFK - Post by User

Comment by quinlashon Oct 30, 2020 7:55am
52 Views
Post# 31811690

RE:wow..pre open .74 FKN HEXO..

RE:wow..pre open .74 FKN HEXO..Divide your sharecount by 8 and multiple the share price by 8, it works out to the same total dollar investment as before. 

The market tends to react negatively to a R/S so shareprice tends to drop on the annoucement or may drop after a R/S gets excuted.

Just having a coffee here and need to read over the NR.  

Q


johngotti wrote: so what does 8;1 equal?how do you determine the calculation ...do you divide number of shares by "8"??? thanks


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