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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Post by mrknighton Apr 30, 2018 5:33pm

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Post# 27961160

Share price

We have achieved todays price point ($4.31) at least half a dozen times this month so it's not like we're in uncharted waters here. I do however believe the inevitable and recently discussed move to the TSX will be a catalyst for a spike in SP going forward. Todays mini-spike is likely just a reflection in the overall LP green day today. THCX was average for the group really, except for Canopy which saw a 10% spike.

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