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 > Losses - Niagara Sale

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Comment by DanielDarden123on Jun 18, 2020 1:45pm

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Post# 31165782

RE:Losses - Niagara Sale

In connection with the impairment loss recorded in the second quarter of fiscal 2020, for the Niagara facility (Note 6), the Company recorded an impairment loss of $106,189 relating to cultivation and processing licenses associated with the Niagara facility. (From Note 7)

Debate the facts.

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