BlackRock Municipal Inc Trust logo

BlackRock Municipal Inc Trust (XBFKX)

Market Closed
17 Jul, 20:00
NASDAQ NASDAQ
$
10. 89
0
0%
$
- Market Cap
0.56% Div Yield
0 Volume
$ 10.89
Previous Close
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Day Range
10.89 10.89
Year Range
10.18 11.01
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Summary

XBFKX closed Friday higher at $10.89, an increase of 0% from Thursday's close, completing a monthly increase of 0% or $0. Over the past 12 months, XBFKX stock gained 0.184%.
XBFKX pays dividends to its shareholders, with the most recent payment made on Jul 01, 2019. The next estimated payment will be in 1 Aug 2019 on Aug 01, 2019 for a total of $0.059.
The stock of the company had never split.
The company's stock is traded on one exchange.

XBFKX Chart

BlackRock Municipal Inc Trust (XBFKX) FAQ

What is the stock price today?

The current price is $10.89.

On which exchange is it traded?

BlackRock Municipal Inc Trust is listed on NASDAQ.

What is its stock symbol?

The ticker symbol is XBFKX.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 0.56%.

What is its market cap?

As of today, no market cap data is available.

Has BlackRock Municipal Inc Trust ever had a stock split?

No, there has never been a stock split.

BlackRock Municipal Inc Trust Profile

NASDAQ Exchange
United States Country

Overview

BlackRock Municipal Inc Trust is a closed-end investment fund dedicated to generating current income that is exempt from regular federal income tax. Managed by BlackRock Advisors, LLC, the trust primarily invests in a diversified portfolio of investment-grade municipal bonds issued by state and local governments across the United States. Its primary objective is to provide investors with a steady, tax-advantaged cash flow, all while managing credit risk through the judicious selection of high-quality bonds. This trust serves a significant purpose for income-seeking investors, particularly those in higher tax brackets, by enabling access to municipal securities coupled with professional portfolio management. BlackRock Municipal Inc Trust is a prominent entity within the collective investment sector, frequently monitored by institutional investors and analysts. It is acclaimed for its steadfast commitment to income generation and the preservation of capital within the municipal bond market.

Products and Services

  • Investment-grade Municipal Bonds:

    The primary product offered by BlackRock Municipal Inc Trust consists of investment-grade municipal bonds, which are debt securities issued by state and local governments. These bonds provide tax-exempt income and are typically regarded as low-risk investments, making them suitable for conservative investors seeking stable returns.

  • Professional Portfolio Management:

    Investors benefit from the expertise of BlackRock Advisors, LLC, which manages the trust's portfolio. The team employs a rigorous selection process to identify high-quality bonds that align with the trust's investment objectives, aiming to maximize returns while minimizing risk.

  • Tax-advantaged Cash Flow:

    One of the key services provided by the trust is the generation of tax-advantaged cash flow. Investors receive income that is typically exempt from federal income tax, making it an attractive option for those in higher tax brackets looking to enhance their after-tax returns.

  • Income Generation Strategy:

    The trust emphasizes consistent income generation through its structured investment strategy. By focusing on a diversified portfolio of municipal bonds, it aims to deliver reliable cash flows to its investors.

  • Credit Risk Management:

    BlackRock Municipal Inc Trust actively manages credit risk by performing thorough research and analysis on the issuers of the bonds it invests in. This diligent oversight helps ensure that the municipal bonds selected are of high quality, thereby safeguarding investor capital.

Contact Information

Address: 50 Hudson Yards
Phone: 212 810 5300