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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 > Meeting Update?
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Comment by Trevor876on Aug 25, 2021 3:08pm
113 Views
Post# 33762111

RE:RE:Meeting Update?

RE:RE:Meeting Update?To be honest that is a possible outcome although all the votes have been cast so if there was a problem I'm sure the price would have dropped big again today as the news would have leaked to someone somewhere. If the Hexo shareholders approve the takeover Redecan would have their 2 top investors sit on the Hexo board as per the agreement but having 2 people who own $600 million worth of shares at $7.50 and you're trading at $3.30 probably doesn't make for very pleasant board meetings 
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