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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. 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’s investment policies provide that the Fund 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 (except that the interest may be includable in taxable income for purposes of the federal alternative minimum tax). Its investment adviser is BlackRock Advisors, LLC.


NYSE:BFK - Post by User

BLACKROCK Municipal Income TRUST > reverse split
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Post by adc999on Oct 30, 2020 12:39pm
159 Views
Post# 31813561

reverse split

reverse split I don't understand, this is the worst thing to do for the shareholders...From what a see ,, they don't realy care for us..... 
I know they have to do something...too bad....I am loosing a lot but now....it will go down to  pennies before they will have time to make the reverse split...and then it will be 20 to 1....
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