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 > STOCK FALLS FROM $7.00 to $1.58

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Comment by quinlashon Nov 03, 2021 11:27am

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Post# 34082303

RE:RE:STOCK FALLS FROM $7.00 to $1.58

Stock was at $8 prior to 2021 Q3 Earning Miss and last week's report was a record high for the company, Dec report may double the earnings again. Auditor report did not change the rating for the stock and on page one the assumption is made that the company will be ok to address debt payments in 2023.

The report is on Sedar... I doubt many bothered to actually read up on it after skimming over various articles on the topic.

Q

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