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 > Lawsuit Details ..

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Comment by jackhacketon Jan 17, 2020 2:10pm

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Post# 30566089

RE:RE:Lawsuit Details ..

VeritasVern wrote: I do think the lawsuit has a good case. There clearly were misleading statements such as $400 million in revenue in 2020. SSL is an amature.

It's a good case but not as good as the TRST case. I would want to settle this before the TRST lawsuits hit it out of the park and set the bar for settlements. I can't understand how the TRST price holds up as well as it has.

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