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 > Public Offering Again??

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Comment by CanadianKiaon Aug 19, 2021 5:02pm

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Post# 33734827

RE:RE:RE:RE:Public Offering Again??

Didnt they announce they were doing this already before!?!?

They must be buying someone in the US or somewhere that they are doing this.

VeritasVern wrote:

Amadeus2011 wrote: Ya but dilution makes the stock worthless. I'm only here because of the Newstrike deal. Newstrike holders got completely ripped off by that and now with $4 price and more shares hitting the market soon, well I guess I ain't never making my money back.

Yes Amadeus, you will never make that back which is sad. Your Newstrike shares are worth 6.5 cents now. I recall people telling me that Newstrike was going to $10, $20/share like Queenie and many others. Kind of like having a deja vu with Hexo I would say.