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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 > Do you know why 8 for 1 split.
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Post by CGC12345678on Oct 30, 2020 9:34pm
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Post# 31817744

Do you know why 8 for 1 split.

Do you know why 8 for 1 split.
 

 

Do you know why 8 for 1 split.
 
Answer: It is possible that the price will drop to $ 0.20 for example, so 8 for 1 = $ 1.60 CDN and will keep the U.S. shares at +/- $ 1.25
 
You have to look at the insiders who sell the shares it's incredible the number of shares sold that says a lot about a company.



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