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 > Below issue price

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Comment by Spectra7on Aug 20, 2021 11:00am

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Post# 33739632

RE:Below issue price

winterishere wrote: Why are the shares trading so far below the issue price of the new shares?

Winteris here...you understand the concept of dilution??..that is part of it. The market is reactive and forward looking. The unusual volume indicates SOME investors have made the decision to exit their position. Combine that with massive short pressure and the sp goes down. I'm sure the margin players, pro's, are taking advantage of the opportunity to start...finalize the cover. It's not good to get to greedy. Cheers S7

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