BLACKROCK MUNICIPAL INCOME TRUST

BLACKROCK MUNICIPAL INCOME TRUST (BFK) is a closed-end fixed income mutual fund launched by BlackRock, Inc. and managed by BlackRock Advisors, LLC. Formed on July 31, 2001, and domiciled in the United States, the fund's primary investment objective is to provide current income exempt from regular U.S. federal income tax. The Trust aims to achieve this objective by investing primarily in municipal bonds that pay interest exempt from U.S. federal income taxes, though the interest may be subject to the U.S. federal alternative minimum tax. Under normal market conditions, at least 80% of its assets are invested in municipal bonds that are considered investment grade quality at the time of investment. The Trust may invest directly in these securities or synthetically through the use of derivatives. With managed assets of approximately $814 million and a portfolio of 193 holdings, the Trust employs leverage of about 41.55% to enhance income potential. The portfolio management team, including Walter O'Connor, Kevin Maloney, and Michael Kalinoski, leverages BlackRock's global research capabilities and risk management infrastructure. The fund's effective duration of 13.34 years reflects its long-term focus within the U.S. municipal bond market. Sources: [1] https://stockanalysis.com/stocks/bfk/company/ [2] https://www.perplexity.ai/finance/BFK [3] https://www.sec.gov/Archives/edgar/data/1137393/000119312525230059/d93042dncsr.htm [4] https://www.blackrock.com/us/individual/literature/fact-sheet/municipal-income-trust-usd-factsheet-us09248f1093-us-en-individual.pdf [5] https://public.com/stocks/bfk [6] https://www.marketbeat.com/stocks/NYSE/BFK/