About Blackrock Municipal Income Trust (NYSE:BFK)
BlackRock Municipal Income Trust (the Trust) is a diversified closed-end management investment company. The Trust's investment objective is to provide current income exempt from regular federal income tax. The Trust seeks to achieve its investment objective by investing primarily in municipal bonds exempt from federal income taxes. It investment in sectors, including transport, health, utility, state tax-backed, corporate muni, education, tobacco, other industries, local tax-backed, prerefund/escrow, school districts, housing, and cash and derivatives. It invests in California, Illinois, New York, Texas, New Jersey, Alabama, South Carolina, Ohio, Washington and District of Columbia. It invests, under normal market conditions, at least 80% of its assets in municipal bonds that are investment grade quality at the time of investment. It may invest directly in such securities or through the use of derivatives. The Trust's investment manager and adviser is BlackRock Advisors, LLC.
Industry, Sector and Symbol:
- Outstanding Shares: 44,800,000
Frequently Asked Questions for Blackrock Municipal Income Trust (NYSE:BFK)
What is Blackrock Municipal Income Trust's stock symbol?
Blackrock Municipal Income Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "BFK."
How often does Blackrock Municipal Income Trust pay dividends? What is the dividend yield for Blackrock Municipal Income Trust?
Blackrock Municipal Income Trust announced a monthly dividend on Thursday, November 2nd. Shareholders of record on Wednesday, November 15th will be given a dividend of $0.065 per share on Friday, December 1st. This represents a $0.78 annualized dividend and a yield of 5.58%. The ex-dividend date of this dividend is Tuesday, November 14th. View Blackrock Municipal Income Trust's Dividend History.
Who are some of Blackrock Municipal Income Trust's key competitors?
Some companies that are related to Blackrock Municipal Income Trust include TPG Specialty Lending (TSLX), John Laing Infrastructure Fund Ld (JLIF), Hercules Capital (HTGC), Blackrock Taxable Municipal Bond Trust (BBN), Liberty All-Star Equity Fund (USA), Golub Capital BDC (GBDC), New Mountain Finance Corporation (NMFC), Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV), TCP Capital Corp. (TCPC), Solar Capital (SLRC), BlackRock Enhanced Global Dividend Trust (BOE), Invesco California Value Municipal Income Trust (VCV), Eaton Vance Floating-Rate Income Trust (EFT), PennantPark Investment Corporation (PNNT), BlackRock Capital Investment (BKCC), Foresight Solar Fund Ltd (FSFL), Triangle Capital Corporation (TCAP) and PennantPark Floating Rate Capital (PFLT).
Who are Blackrock Municipal Income Trust's key executives?
Blackrock Municipal Income Trust's management team includes the folowing people:
- Richard E. Cavanagh, Independent Chairman of the Board of Trustee (Age 71)
- John M. Perlowski, President, Chief Executive Officer, Trustee (Age 53)
- Karen P. Robards, Independent Vice Chairman of the Board of Trustee (Age 67)
- Neal J. Andrews, Chief Financial Officer (Age 51)
- Charles C. S. Park, Chief Compliance Officer (Age 50)
- Robert W. Crothers, Vice President (Age 36)
- Jay M. Fife, Treasurer (Age 47)
- Janey Ahn, Secretary (Age 42)
- Michael J. Castellano, Independent Trustee (Age 71)
- Frank J. Fabozzi, Independent Trustee (Age 69)
Who owns Blackrock Municipal Income Trust stock?
Blackrock Municipal Income Trust's stock is owned by many different of retail and institutional investors. Top institutional investors include Wells Fargo & Company MN (0.21%), Van ECK Associates Corp (0.21%), Yellowstone Partners LLC (0.09%), Krilogy Financial LLC (0.09%) and Doliver Capital Advisors LP (0.00%). Company insiders that own Blackrock Municipal Income Trust stock include Jerrold B Harris and Theodore R Jaeckel Jr. View Institutional Ownership Trends for Blackrock Municipal Income Trust.
Who sold Blackrock Municipal Income Trust stock? Who is selling Blackrock Municipal Income Trust stock?
Who bought Blackrock Municipal Income Trust stock? Who is buying Blackrock Municipal Income Trust stock?
How do I buy Blackrock Municipal Income Trust stock?
Shares of Blackrock Municipal Income Trust can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Blackrock Municipal Income Trust's stock price today?
One share of Blackrock Municipal Income Trust stock can currently be purchased for approximately $13.98.
How big of a company is Blackrock Municipal Income Trust?
Blackrock Municipal Income Trust has a market capitalization of $629.96 million.
How can I contact Blackrock Municipal Income Trust?
Blackrock Municipal Income Trust's mailing address is 100 BELLEVUE PARKWAY, WILMINGTON, DE 19809, United States. The investment management company can be reached via phone at +1-888-8252257.
MarketBeat Community Rating for Blackrock Municipal Income Trust (NYSE BFK)MarketBeat's community ratings are surveys of what our community members think about Blackrock Municipal Income Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Blackrock Municipal Income Trust (NYSE:BFK) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Analysts' Consensus Price Target: ||N/A|
Consensus Price Target History for Blackrock Municipal Income Trust (NYSE:BFK)
Analysts' Ratings History for Blackrock Municipal Income Trust (NYSE:BFK)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Blackrock Municipal Income Trust (NYSE:BFK)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Blackrock Municipal Income Trust (NYSE:BFK)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Blackrock Municipal Income Trust (NYSE:BFK)
|Dividend Growth:||-1.90% (3 Year Average)|
Dividend History by Quarter for Blackrock Municipal Income Trust (NYSE BFK)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Blackrock Municipal Income Trust (NYSE BFK)
Insider Trades by Quarter for Blackrock Municipal Income Trust (NYSE BFK)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/24/2016||Theodore R Jaeckel Jr||Portfolio Manager||Sell||1,500||$15.15||$22,725.00|| |
|3/10/2016||Theodore R Jaeckel Jr||Portfolio Manager||Sell||1,500||$15.25||$22,875.00|| |
|3/3/2016||Theodore R Jaeckel Jr||Portfolio Manager||Sell||1,661||$15.10||$25,081.10|| |
|3/2/2016||Theodore R Jaeckel Jr||Portfolio Manager||Sell||690||$15.05||$10,384.50|| |
|12/29/2015||Jerrold B Harris||Director||Buy||1,000||$14.68||$14,680.00|| |
|12/20/2013||Robert Crothers||VP||Buy||1,000||$12.84||$12,840.00|| |
Latest Headlines for Blackrock Municipal Income Trust (NYSE BFK)
Blackrock Municipal Income Trust (NYSE BFK) Chart for Monday, November, 20, 2017