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 > Financials just released

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Comment by whoknowson Oct 28, 2021 8:36am

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Post# 34057808

RE:RE:RE:Financials just released

Jimmy713 wrote: He is talking about Q4/2020 cand Q4/2019.
Tomorrow we will have Q4/2021.

whoknows wrote:

YesSetForLife wrote: Operating expenses increased to $418.6M, compared to $111.5M in the prior year. Included are several non-cash expenses, namely $111.9M impairment of goodwill, $108.2M impairment of intangible assets, $79.4M impairment of property, plant and equipment, $4.8M of restructuring costs and $4.8M loss on an onerous contract. Not including these items, operating expenses are $110.5M, down $1.6M from the prior year, even as there was a significant increase to the scale of the Companys operations, including a number of product launches. Loss from operations for the fiscal year was $476.6M, compared to an operating loss of $87.0M for the prior year. The Net loss for fiscal year was $546.5M compared to $69.6M in the prior year. Included in Net loss are the items noted above, in addition to a $54.3M loss on the inducement of convertible debentures.

RE:Financials just released

CONFUSING Financials just released : What company ? Surely not HEXO

Clarify please !