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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 Nov 01, 2022 11:22am
84 Views
Post# 35063177

RE:RE:$$$ is a concern moving forward...

RE:RE:$$$ is a concern moving forward...
Touran77 wrote:

 

Spectra7 wrote:
with 600M+ already, when should the next raise be expected?? S7

Not sure next raises will be publicly announce.
They have the deal with Kaos for $5M a month and if I'm not mistaken, there is still a ATM going on.

Touran



Yes, $5 Million per month from KAOS, ATM remains and I believe I read in the MD&A that there is no need for any additional capital raise within the next 12 months. 

With the positive shift in total net sales we may see better numbers again on the Dec 15th report.  It also looks as if they have cleaned up most (it not all) of the necessary expenses and write-downs associated with the restructuring.





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