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.

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BLACKROCK Municipal Income TRUST

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Comment by UpUpWeGoon Nov 27, 2017 8:29pm

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Post# 27042665

RE:RE:RE:Conversion of $25.1 Million Debentures

they use some of it for the expansion like half(read it somewhere) and they have added the rest to balance sheet. Not sure if it was a good idea to give away so many shares on the cheap. the $1000 they received already. This is why we aren't moving. Those who got 65 cent shares are now cashing in which is why the SP is frozen. Possible sweet deal for insiders.

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