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 > SO WHO HAS THE ANWER TO THIS. IF SOMEONE BOUGHT 50K of sirs

<< Previous

Bullboard Posts

Next >>

Comment by quinlashon Oct 30, 2020 10:22am

71 Views

Post# 31812505

RE:SO WHO HAS THE ANWER TO THIS. IF SOMEONE BOUGHT 50K of sirs

If you are asking if the insiders share in the split then YES they do, their shares also get reduced and they have to live with the new spareprice going up or down afterwards as well.

Hope that helps

Q