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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

BLACKROCK Municipal Income TRUST > Next in line ?
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Comment by quinlashon May 08, 2020 4:21pm
118 Views
Post# 31005177

RE:Next in line ?

RE:Next in line ?You can only speculate if a reverse split will occur or not. 

If it should occur it will likely be driven by the company's desire to remain listed on the NYSE after July if the SP should be below $1 at that time.  If the MJ market moves up, and/or HEXO discloses news that brings inventors back and the SP rises on it's own then the need for a reverse split goes away.




Cashmoneycashdo wrote: Are we not next in line for a reverse split , not bashin just askin ?  From my inderstanding hexo is doomed  been below $1 for a long time now !


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