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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 > Press Release coming Thursday......
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Comment by Bankableon Aug 05, 2020 8:21pm
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Post# 31370131

RE:RE:RE:RE:RE:RE:RE:RE:Press Release coming Thursday......

RE:RE:RE:RE:RE:RE:RE:RE:Press Release coming Thursday......Replied in the typical fashion one would expect from someone of your mental capacity. An honest investor does not have to worry about capital gains. One who trades as a business or uses sheltered accounts abusively could, and should, expect repercussions from the CRA. Taken from your article While buying and selling of shares is a common activity within many TFSAs, there are certain situations where an account can be found to be carrying on a business, and therefore profit could be taxed as business income.
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