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 > SSL needs to step down.

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Post by Canuck30on Jun 15, 2021 2:52pm

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Post# 33389682

SSL needs to step down.

His ego is getting the best of him and affecting all shareholders. As he walks away with annual comp of $10m+, shareholders bleed. Just imagine if he took a normal salary of $500K given how the company is struggling. This excess would go back into the coffers and narrow the loss. I can't believe the board is still supporting him as the CEO. If he resigned, the share price would rise 20% immediately at a minimum.

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