| BlackRock Municipal Income Trust is a closed-end management investment company. The Trust investment objective is to provide current income exempt from regular United States federal income tax. The Trust seeks to attain its investment objective by investing primarily in municipal bonds that pay interest that is exempt from United States federal income taxes. The Trust invests, under normal market conditions, at least 80% of its assets in municipal bonds that are investment grade, or if unrated, deemed to be of comparable quality by the investment adviser, at the time of investment. The Trust may invest directly in such securities or synthetically through the use of derivatives. We show 1 historical shares outstanding datapoints in our BFK shares outstanding history coverage, used to compute BFK market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BFK market cap history over the course of time is important for investors
interested in comparing BFK's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of BFK versus a peer is one thing; comparing
BFK market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like BFK can fluctuate over the course of history.
With this page we aim to empower investors researching BFK by allowing them to research the BFK market cap history.