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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

Comment by quinlashon Dec 07, 2021 5:38pm
127 Views
Post# 34208299

RE:RE:RE:RE:RE:RE:RE:Q1

RE:RE:RE:RE:RE:RE:RE:Q1
Touran77 wrote:

 

caretired1 wrote: New ceos also clean house financially so look for write offs and write downs so he can look good go forward 

 

 

People said that last quarter.

People forgot that SSL did a real good cleanup at Q4 in 2020.

We've closed 3 unefficient facilities in November, those will hit Q2 numbers. Writedowns always depend on how much those facilities were worth in the books versys how much they sold it.

GLTA

Touran



As far as I can see they have not sold off any of those facilities yet so we will have to wait and see exactly how much incremental cash those deals bring into the company.  When they do sell any write down on those assets will be reported on the QTR report where the deals too place.  If it happens tomorrow we would not see those numbers show up until the March 17th, 2022 QTR report.

Q




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