We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
BlackRock Municipal Income Trust | NYSE:BFK | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.03 | 0.30% | 10.08 | 10.08 | 10.05 | 10.05 | 47,063 | 18:16:12 |
Schedule of Investments (unaudited) October 31, 2023 |
BlackRock Municipal Income Trust (BFK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||
Municipal Bonds |
||||||||
Alabama 6.6% | ||||||||
Black Belt Energy Gas District RB, Series B, 5.25%, 12/01/53(a) |
$ | 5,455 | $ | 5,490,451 | ||||
Black Belt Energy Gas District, RB, Series F, 5.50%, 11/01/53(a) |
795 | 803,732 | ||||||
County of Jefferson Alabama Sewer Revenue, Refunding RB |
||||||||
Series A, Senior Lien, (AGM), 5.00%, 10/01/44 |
1,555 | 1,532,068 | ||||||
Series A, Senior Lien, (AGM), 5.25%, 10/01/48 |
2,275 | 2,276,944 | ||||||
Series D, Sub Lien, 6.00%, 10/01/42 |
5,740 | 5,861,513 | ||||||
Series D, Sub Lien, 7.00%, 10/01/51 |
1,765 | 1,850,758 | ||||||
Energy Southeast A Cooperative District, RB(a) |
||||||||
Series A-1, 5.50%, 11/01/53 |
5,000 | 5,082,210 | ||||||
Series B-1, 5.75%, 04/01/54 |
5,940 | 6,142,747 | ||||||
Southeast Energy Authority A Cooperative District, RB, Series A-1, 5.50%, 01/01/53(a) |
1,345 | 1,357,632 | ||||||
|
|
|||||||
30,398,055 | ||||||||
Arizona 5.1% | ||||||||
City of Phoenix Civic Improvement Corp., RB, 5.25%, 07/01/47(b) |
3,335 | 3,461,187 | ||||||
Industrial Development Authority of the City of Phoenix Arizona, RB, Series A, 5.00%, 07/01/46(c) . |
3,400 | 2,889,516 | ||||||
Salt Verde Financial Corp., RB |
10,030 | 9,896,616 | ||||||
5.00%, 12/01/37 |
7,460 | 7,229,341 | ||||||
|
|
|||||||
23,476,660 | ||||||||
Arkansas 3.2% | ||||||||
Arkansas Development Finance Authority, RB |
||||||||
AMT, 5.70%, 05/01/53 |
855 | 776,276 | ||||||
AMT, 4.75%, 09/01/49(c) |
4,665 | 4,282,077 | ||||||
City of Springdale Arkansas Sales & Use Tax Revenue, RB |
||||||||
Series B, (BAM), 4.13%, 08/01/47 |
9,465 | 8,253,626 | ||||||
Series B, (BAM), 4.13%, 08/01/50 |
1,500 | 1,314,276 | ||||||
|
|
|||||||
14,626,255 | ||||||||
California 8.3% | ||||||||
California Enterprise Development Authority, RB, 8.00%, 11/15/62(c) |
750 | 662,368 | ||||||
California Health Facilities Financing Authority, Refunding RB, Series A-2, 4.00%, 11/01/44 |
9,825 | 8,798,125 | ||||||
California Municipal Finance Authority, RB, S/F Housing, Series A, 5.25%, 08/15/39 |
290 | 283,200 | ||||||
California Pollution Control Financing Authority, RB, AMT, 5.00%, 11/21/45(c) |
2,970 | 2,804,628 | ||||||
City of Long Beach California Harbor Revenue, ARB, Series B, AMT, 5.00%, 05/15/43 |
2,000 | 2,000,554 | ||||||
City of Los Angeles Department of Airports, ARB, Series A, AMT, 4.00%, 05/15/42 |
2,685 | 2,312,972 | ||||||
City of Los Angeles Department of Airports, Refunding ARB, AMT, Subordinate, 5.00%, 05/15/46 |
2,325 | 2,278,235 | ||||||
CSCDA Community Improvement Authority, RB, M/F
Housing(c) |
330 | 208,260 | ||||||
Senior Lien, 3.13%, 06/01/57 |
1,155 | 660,822 | ||||||
Series A, Senior Lien, 4.00%, 12/01/58 |
585 | 395,626 |
Security | Par (000) |
Value | ||||||
California (continued) | ||||||||
Dublin Unified School District, GO, Series B, 4.13%, 08/01/49 |
$ | 3,475 | $ | 3,179,999 | ||||
Riverside County Transportation Commission, RB, CAB(d) |
||||||||
Series B, Senior Lien, 0.00%, 06/01/41 |
5,000 | 1,873,629 | ||||||
Series B, Senior Lien, 0.00%, 06/01/42 |
6,000 | 2,107,115 | ||||||
Series B, Senior Lien, 0.00%, 06/01/43 |
5,000 | 1,649,884 | ||||||
San Marcos Unified School District, GO, CAB(d) |
||||||||
Series B, Election 2010, 0.00%, 08/01/34 |
3,500 | 2,235,425 | ||||||
Series B, Election 2010, 0.00%, 08/01/36 |
4,000 | 2,249,470 | ||||||
Tobacco Securitization Authority of Southern California, Refunding RB, 5.00%, 06/01/48 |
4,550 | 4,425,276 | ||||||
|
|
|||||||
38,125,588 | ||||||||
Colorado 1.9% | ||||||||
City & County of Denver Colorado Airport System Revenue, Refunding ARB, Series D, AMT, 5.75%, 11/15/45 |
835 | 869,743 | ||||||
Colorado Health Facilities Authority, RB |
340 | 340,421 | ||||||
5.25%, 11/01/52 |
710 | 675,966 | ||||||
Denver City & County School District No. 1, GO, Series A, (SAW), 5.00%, 12/01/45 |
6,580 | 6,739,313 | ||||||
|
|
|||||||
8,625,443 | ||||||||
Delaware 0.6% | ||||||||
Delaware River & Bay Authority, Refunding RB, 4.00%, 01/01/44 |
2,935 | 2,582,956 | ||||||
|
|
|||||||
District of Columbia 7.8% | ||||||||
District of Columbia Income Tax Revenue, RB, Series A, 4.00%, 03/01/37 |
500 | 482,613 | ||||||
District of Columbia Tobacco Settlement Financing Corp., Refunding RB, 6.75%, 05/15/40 |
22,365 | 23,005,665 | ||||||
District of Columbia, RB, Series A, 5.00%, 07/01/47 |
2,050 | 2,085,073 | ||||||
District of Columbia, Refunding GO, Series D, 4.00%, 02/01/46 |
5,895 | 5,082,442 | ||||||
Washington Metropolitan Area Transit Authority, RB, Series B, 5.00%, 07/01/42 |
5,000 | 4,950,668 | ||||||
|
|
|||||||
35,606,461 | ||||||||
Florida 0.8% | ||||||||
County of Miami-Dade Seaport Department, Refunding RB, Series A, AMT, 5.25%, 10/01/52 |
940 | 897,358 | ||||||
Florida Development Finance Corp., RB, Series A, 5.00%, 06/15/56 |
210 | 183,207 | ||||||
Lakewood Ranch Stewardship District, SAB, 6.30%, 05/01/54 |
415 | 403,949 | ||||||
Stevens Plantation Community Development District, SAB, Series A, 7.10%, 05/01/35(e)(f) |
3,159 | 2,116,314 | ||||||
|
|
|||||||
3,600,828 | ||||||||
Georgia 2.7% | ||||||||
Main Street Natural Gas, Inc., RB, Series A, 5.00%, 06/01/53(a) |
12,855 | 12,638,688 | ||||||
|
|
|||||||
Illinois 4.1% | ||||||||
Chicago Board of Education, GO |
||||||||
Series A, 5.00%, 12/01/42 |
1,065 | 951,901 | ||||||
Series C, 5.25%, 12/01/35 |
2,905 | 2,832,151 | ||||||
Series D, 5.00%, 12/01/46 |
3,805 | 3,362,036 | ||||||
Series H, 5.00%, 12/01/36 |
920 | 867,597 |
1 |
Schedule of Investments (unaudited) (continued) October 31, 2023 |
BlackRock Municipal Income Trust (BFK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||
Illinois (continued) | ||||||||
Chicago Board of Education, Refunding GO, Series G, 5.00%, 12/01/34 |
$ | 915 | $ | 889,771 | ||||
Cook County Community College District No. 508, GO, 5.50%, 12/01/38 |
1,525 | 1,488,082 | ||||||
Illinois State Toll Highway Authority, RB, Series A, 5.00%, 01/01/46 |
3,455 | 3,448,237 | ||||||
State of Illinois, GO, 5.00%, 02/01/39 |
2,990 | 2,925,228 | ||||||
University of Illinois, RB, Series A, 5.00%, 04/01/44 |
1,910 | 1,912,384 | ||||||
|
|
|||||||
18,677,387 | ||||||||
Indiana 1.1% | ||||||||
City of Valparaiso Indiana, RB |
||||||||
AMT, 6.75%, 01/01/34 |
1,525 | 1,528,561 | ||||||
AMT, 7.00%, 01/01/44 |
3,680 | 3,687,971 | ||||||
|
|
|||||||
5,216,532 | ||||||||
Iowa 0.7% | ||||||||
University of Iowa Facilities Corp., RB |
1,890 | 1,889,779 | ||||||
5.00%, 06/01/48 |
1,190 | 1,186,086 | ||||||
|
|
|||||||
3,075,865 | ||||||||
Kentucky 2.8% | ||||||||
Kentucky Public Energy Authority, RB, Series A-1, 4.00%, 08/01/52(a) |
9,000 | 8,332,493 | ||||||
Kentucky Public Transportation Infrastructure Authority, RB, CAB, Convertible, 6.75%, 07/01/43(g) |
2,325 | 2,546,932 | ||||||
Kentucky State Property & Building Commission, RB(b) |
||||||||
Series A, 5.50%, 11/01/42 |
875 | 905,493 | ||||||
Series A, 5.50%, 11/01/43 |
1,165 | 1,202,599 | ||||||
|
|
|||||||
12,987,517 | ||||||||
Louisiana 0.2% | ||||||||
Tobacco Settlement Financing Corp. Refunding RB, Series A, 5.25%, 05/15/35 |
805 | 805,335 | ||||||
|
|
|||||||
Maryland 1.1% | ||||||||
Washington Suburban Sanitary Commission, RB, (GTD), 4.00%, 06/01/46 |
5,740 | 5,001,078 | ||||||
|
|
|||||||
Massachusetts 3.3% | ||||||||
Commonwealth of Massachusetts, GO, Series C, 5.00%, 10/01/52 |
2,715 | 2,749,920 | ||||||
Massachusetts Development Finance Agency, RB, 5.00%, 12/01/46 |
6,750 | 6,530,190 | ||||||
Massachusetts Development Finance Agency, Refunding RB, 5.00%, 07/01/47 |
1,815 | 1,800,324 | ||||||
Massachusetts Port Authority, ARB, Series E, AMT, 5.00%, 07/01/46 |
4,245 | 4,112,089 | ||||||
|
|
|||||||
15,192,523 | ||||||||
Michigan 8.9% | ||||||||
Lansing Community College, GO, 5.00%, 05/01/44 |
5,070 | 5,063,247 | ||||||
Michigan Finance Authority, RB |
||||||||
Series A, 5.00%, 11/15/48 |
10,650 | 10,081,320 | ||||||
Series S, 5.00%, 11/01/44 |
5,000 | 4,834,532 | ||||||
Michigan Finance Authority, Refunding RB, 5.00%, 11/15/41 |
5,785 | 5,675,338 | ||||||
Michigan State Building Authority, RB, Series I, 5.00%, 10/15/46 |
1,000 | 995,790 |
Security | Par (000) |
Value | ||||||
Michigan (continued) | ||||||||
Michigan State Building Authority, Refunding RB, Series II, 4.00%, 10/15/47 |
$ | 3,125 | $ | 2,651,221 | ||||
Michigan State Hospital Finance Authority, Refunding RB, 5.00%, 11/15/47 |
10,000 | 9,571,754 | ||||||
Michigan Strategic Fund, RB, AMT, 5.00%, 12/31/43 |
2,120 | 1,971,145 | ||||||
|
|
|||||||
40,844,347 | ||||||||
Minnesota 0.6% | ||||||||
Duluth Economic Development Authority, Refunding RB, Series A, 5.25%, 02/15/58 |
2,940 | 2,816,255 | ||||||
|
|
|||||||
New Hampshire(c) 0.8% | ||||||||
New Hampshire Business Finance Authority, Refunding RB |
||||||||
Series B, 4.63%, 11/01/42 |
3,055 | 2,409,898 | ||||||
Series C, AMT, 4.88%, 11/01/42 |
1,585 | 1,228,358 | ||||||
|
|
|||||||
3,638,256 | ||||||||
New Jersey 11.1% | ||||||||
Casino Reinvestment Development Authority, Inc., Refunding RB |
50 | 48,330 | ||||||
5.25%, 11/01/44 |
2,980 | 2,774,216 | ||||||
Middlesex County Improvement Authority, RB, Series B, 6.25%, 01/01/37(e)(f) |
3,680 | 45,448 | ||||||
New Jersey Economic Development Authority, ARB, Series B, AMT, 5.63%, 11/15/30 |
2,035 | 2,027,388 | ||||||
New Jersey Economic Development Authority, RB Class A, |
3,415 | 3,461,224 | ||||||
Series EEE, 5.00%, 06/15/48 |
11,690 | 11,428,086 | ||||||
AMT, 5.38%, 01/01/43 |
2,285 | 2,212,364 | ||||||
New Jersey Economic Development Authority, Refunding SAB, 6.50%, 04/01/28 |
5,975 | 6,022,200 | ||||||
New Jersey Health Care Facilities Financing Authority, Refunding RB, 5.00%, 07/01/44 |
475 | 466,673 | ||||||
New Jersey Higher Education Student Assistance Authority, Refunding RB, Series C, AMT, Subordinate, 5.00%, 12/01/52 |
2,485 | 2,302,512 | ||||||
New Jersey Transportation Trust Fund Authority, RB |
||||||||
Series AA, 4.00%, 06/15/50 |
3,170 | 2,605,878 | ||||||
Series S, 5.00%, 06/15/46 |
2,800 | 2,719,870 | ||||||
South Jersey Port Corp., ARB, Series A, 5.00%, 01/01/49 |
2,000 | 1,912,922 | ||||||
Tobacco Settlement Financing Corp., Refunding RB |
||||||||
Series A, 5.00%, 06/01/46 |
3,075 | 2,898,327 | ||||||
Sub-Series B, 5.00%, 06/01/46 |
10,900 | 10,121,912 | ||||||
|
|
|||||||
51,047,350 | ||||||||
New York 11.3% | ||||||||
Metropolitan Transportation Authority, Refunding RB |
||||||||
Series C-1, 4.75%, 11/15/45 |
3,210 | 2,952,303 | ||||||
Series C-1, 5.25%, 11/15/55 |
1,545 | 1,519,107 | ||||||
New York City Transitional Finance Authority Future Tax Secured Revenue, RB |
||||||||
Series D-1, 5.25%, 11/01/48 |
5,000 | 5,123,800 | ||||||
Series A-1, Subordinate, 4.00%, 08/01/48 |
2,000 | 1,691,446 | ||||||
New York Counties Tobacco Trust II, RB, 5.75%, 06/01/43 |
810 | 810,384 | ||||||
New York Counties Tobacco Trust IV, Refunding RB, Series A, 6.25%, 06/01/41(c) |
3,200 | 3,199,901 |
S C H E D U L E O F I N V E S T M E N T S | 2 |
Schedule of Investments (unaudited) (continued) October 31, 2023 |
BlackRock Municipal Income Trust (BFK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||
New York (continued) | ||||||||
New York Counties Tobacco Trust VI, Refunding RB, Series A-2B, 5.00%, 06/01/51 |
$ | 6,395 | $ | 5,473,828 | ||||
New York Liberty Development Corp., Refunding RB(c) |
||||||||
Class 1, 5.00%, 11/15/44 |
6,230 | 5,559,398 | ||||||
Class 2, 5.38%, 11/15/40 |
1,655 | 1,529,694 | ||||||
New York Power Authority, RB, (AGM), 4.00%, 11/15/47 |
4,725 | 3,989,482 | ||||||
New York Power Authority, Refunding RB, Series A, 4.00%, 11/15/50 |
6,165 | 5,168,048 | ||||||
New York State Dormitory Authority, RB |
||||||||
Series A, 5.00%, 03/15/44 |
1,610 | 1,607,136 | ||||||
Series B, 5.00%, 02/15/35 |
7,500 | 7,570,738 | ||||||
New York State Urban Development Corp. RB, Series A, 4.00%, 03/15/45 |
1,915 | 1,660,082 | ||||||
New York Transportation Development Corp., ARB, Series A, AMT, 5.00%, 07/01/46 |
1,165 | 1,073,845 | ||||||
New York Transportation Development Corp., RB |
915 | 905,412 | ||||||
AMT, 5.00%, 10/01/35 |
2,125 | 2,027,894 | ||||||
|
|
|||||||
51,862,498 | ||||||||
Ohio 2.2% | ||||||||
Buckeye Tobacco Settlement Financing Authority, Refunding RB |
||||||||
Series A-2, 4.00%, 06/01/48 |
1,685 | 1,346,697 | ||||||
Series B-2, 5.00%, 06/01/55 |
5,330 | 4,358,349 | ||||||
Ohio Air Quality Development Authority, RB, AMT, 5.00%, 07/01/49(c) |
680 | 542,032 | ||||||
University of Cincinnati, RB, Series A, 5.00%, 06/01/45 |
2,500 | 2,509,007 | ||||||
University of Cincinnati, Refunding RB, Series A, 5.00%, 06/01/44 |
1,390 | 1,371,853 | ||||||
|
|
|||||||
10,127,938 | ||||||||
Oklahoma 0.3% | ||||||||
Oklahoma Development Finance Authority, RB, Series B, 5.50%, 08/15/52 |
1,735 | 1,494,409 | ||||||
Pennsylvania 1.3% | ||||||||
Montgomery County Higher Education and Health Authority, Refunding RB |
1,025 | 801,081 | ||||||
5.00%, 09/01/48 |
715 | 668,914 | ||||||
Pennsylvania Economic Development Financing Authority, RB, AMT, 5.00%, 06/30/42 |
1,660 | 1,525,523 | ||||||
Pennsylvania Turnpike Commission, Refunding RB, Series A-1, 5.00%, 12/01/45 |
3,000 | 2,911,537 | ||||||
|
|
|||||||
5,907,055 | ||||||||
Puerto Rico 5.1% | ||||||||
Commonwealth of Puerto Rico, GO |
||||||||
Series A-1, Restructured, 5.63%, 07/01/29 |
2,810 | 2,870,635 | ||||||
Series A-1, Restructured, 5.75%, 07/01/31 |
2,536 | 2,607,175 | ||||||
Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, RB |
||||||||
Series A-1, Restructured, 4.75%, 07/01/53 |
4,044 | 3,411,346 | ||||||
Series A-1, Restructured, 5.00%, 07/01/58 |
10,387 | 9,001,722 |
Security | Par (000) |
Value | ||||||
Puerto Rico (continued) | ||||||||
Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, RB (continued) |
||||||||
Series A-2, Restructured, 4.78%, 07/01/58 |
$ | 3,325 | $ | 2,783,888 | ||||
Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, RB, CAB, Series A-1, Restructured, 0.00%, 07/01/46(d) |
10,165 | 2,512,670 | ||||||
|
|
|||||||
23,187,436 | ||||||||
South Carolina 3.6% | ||||||||
Patriots Energy Group Financing Agency, RB, Series A1, 5.25%, 10/01/54(a) |
16,400 | 16,339,575 | ||||||
|
|
|||||||
Tennessee 5.2% | ||||||||
Memphis-Shelby County Airport Authority, ARB, Series A, AMT, 5.00%, 07/01/45 |
2,545 | 2,441,579 | ||||||
Metropolitan Government Nashville & Davidson County Health & Educational Facilities Board,
RB |
2,500 | 2,506,482 | ||||||
Series A, 5.00%, 07/01/46 |
6,590 | 6,347,065 | ||||||
Metropolitan Government Nashville & Davidson County Sports Authority, RB, Series B, Subordinate, (AGM), 5.25%, 07/01/48 |
2,900 | 2,906,852 | ||||||
Tennessee Energy Acquisition Corp., Refunding RB, Series A-1, 5.00%, 05/01/53(a) |
7,260 | 7,182,947 | ||||||
Tennessee Housing Development Agency, RB, S/F Housing, 6.25%, 01/01/54(b) |
2,200 | 2,314,346 | ||||||
|
|
|||||||
23,699,271 | ||||||||
Texas 21.0% | ||||||||
Arlington Higher Education Finance Corp.,
RB(c) |
845 | 739,305 | ||||||
7.88%, 11/01/62 |
720 | 677,864 | ||||||
Arlington Independent School District, Refunding GO, (PSF), 4.00%, 02/15/48 |
6,000 | 5,153,543 | ||||||
Bexar County Hospital District, GO, 5.00%, 02/15/47 |
5,000 | 5,008,376 | ||||||
City of Austin Texas Airport System Revenue, ARB |
||||||||
Series B, AMT, 5.00%, 11/15/44 |
3,630 | 3,462,581 | ||||||
Series B, AMT, 5.00%, 11/15/48 |
2,850 | 2,689,678 | ||||||
City of Dallas Texas Waterworks & Sewer System Revenue, Refunding RB, 5.00%, 10/01/46 |
3,550 | 3,579,354 | ||||||
City of Denton Texas, GO, 4.00%, 02/15/42 |
7,575 | 6,666,618 | ||||||
City of San Antonio Texas Electric & Gas Systems Revenue, Refunding RB, 5.25%, 02/01/41 |
1,010 | 1,064,690 | ||||||
County of Bexar Texas, Refunding GO, 4.00%, 06/15/40 |
12,075 | 10,989,755 | ||||||
Dallas Fort Worth International Airport, Refunding RB, Series B, 5.00%, 11/01/47 |
1,625 | 1,622,396 | ||||||
Fort Bend County Industrial Development Corp., RB, Series B, 4.75%, 11/01/42 |
470 | 411,577 | ||||||
Harris County Cultural Education Facilities Finance Corp., Refunding RB, 4.00%, 10/01/41 |
2,000 | 1,748,112 | ||||||
Harris County Municipal Utility District No. 534, GO |
||||||||
(AGM), 5.00%, 09/01/47 |
1,750 | 1,682,986 | ||||||
(BAM), 5.00%, 09/01/47 |
1,100 | 1,058,002 | ||||||
Harris County-Houston Sports Authority, RB, |
||||||||
Series H, Junior Lien, (NPFGC), 0.00%, 11/15/35(d) |
5,000 | 2,442,029 | ||||||
Harris County-Houston Sports Authority, Refunding RB(d) |
||||||||
Series A, 3rd Lien, (NPFGC), 0.00%, 11/15/24(h) |
6,000 | 2,679,691 | ||||||
Series A, 3rd Lien, (NPFGC), 0.00%, 11/15/37 |
10,120 | 4,192,340 |
3 |
Schedule of Investments (unaudited) (continued) October 31, 2023 |
BlackRock Municipal Income Trust (BFK) (Percentages shown are based on Net Assets) |
Security | Par (000) |
Value | ||||||
Texas (continued) | ||||||||
Harris County-Houston Sports Authority, Refunding RB(d) (continued) |
||||||||
Series A, Senior Lien, (AGM NPFGC), 0.00%, 11/15/38 |
$ | 12,580 | $ | 5,153,054 | ||||
Midland County Fresh Water Supply District No. 1, RB, CAB, Series A, 0.00%, 09/15/27(d)(h) |
15,200 | 6,704,968 | ||||||
North Texas Tollway Authority, Refunding RB, Series B, 5.00%, 01/01/43 |
3,900 | 3,905,591 | ||||||
Tarrant County Cultural Education Facilities Finance Corp., RB, Series B, 5.00%, 07/01/48 |
14,025 | 13,482,190 | ||||||
Texas Department of Housing & Community Affairs, RB, S/F Housing, Series A, (GNMA), 5.75%, 03/01/54 |
5,000 | 5,167,643 | ||||||
Texas Private Activity Bond Surface Transportation Corp., RB, AMT, 5.00%, 06/30/58 |
2,310 | 2,105,117 | ||||||
Thrall Independent School District, GO, 5.25%, 02/15/48 |
3,525 | 3,645,798 | ||||||
|
|
|||||||
96,033,258 | ||||||||
Washington 1.1% | ||||||||
Washington Health Care Facilities Authority, RB |
||||||||
Series A, 5.00%, 08/15/40 |
2,000 | 2,002,175 | ||||||
Series A, 5.00%, 08/15/45 |
3,000 | 2,951,373 | ||||||
|
|
|||||||
4,953,548 | ||||||||
Wisconsin 1.1% | ||||||||
Wisconsin Health & Educational Facilities Authority, Refunding RB, Series A, 5.00%, 11/15/39 |
5,000 | 5,036,909 | ||||||
|
|
|||||||
Total Municipal Bonds 123.9% |
|
567,625,276 | ||||||
|
|
|||||||
Municipal Bonds Transferred to Tender Option Bond Trusts(i) |
| |||||||
Illinois 2.9% | ||||||||
Illinois State Toll Highway Authority, RB, Series B, 5.00%, 01/01/41 |
13,000 | 13,069,485 | ||||||
|
|
|||||||
Michigan 2.2% | ||||||||
State of Michigan Trunk Line Revenue, RB, 5.00%, 11/15/46 |
10,000 | 10,099,973 | ||||||
|
|
|||||||
Nevada 4.3% | ||||||||
County of Clark Nevada, GO, Series A, 5.00%, 05/01/48 |
19,650 | 19,726,798 | ||||||
|
|
|||||||
New Jersey 2.2% | ||||||||
New Jersey Turnpike Authority, RB, Series A, 5.00%, 01/01/48 |
10,000 | 9,947,582 | ||||||
|
|
|||||||
New York 2.3% | ||||||||
New York City Municipal Water Finance Authority, RB, Series DD, 5.25%, 06/15/46 |
10,000 | 10,365,227 | ||||||
|
|
Security | Par (000) |
Value | ||||||
Oregon 2.8% | ||||||||
Port of Portland Oregon Airport Revenue, ARB, 5.50%, 07/01/48 |
$ | 12,705 | $ | 12,907,784 | ||||
|
|
|||||||
Washington 2.2% | ||||||||
State of Washington, GO, Series C, 5.00%, 02/01/47 |
10,000 | 10,150,168 | ||||||
|
|
|||||||
Total Municipal Bonds Transferred to Tender Option Bond Trusts 18.9% |
86,267,017 | |||||||
|
|
|||||||
Total Long-Term Investments 142.8% |
|
653,892,293 | ||||||
|
|
|||||||
Shares | ||||||||
Short-Term Securities |
| |||||||
Money Market Funds 25.2% | ||||||||
BlackRock Liquidity Funds, MuniCash, Institutional Class, 3.82%(j)(k) |
115,581,164 | 115,581,164 | ||||||
|
|
|||||||
Total Short-Term Securities 25.2% |
|
115,581,164 | ||||||
|
|
|||||||
Total Investments 168.0% |
|
769,473,457 | ||||||
Other Assets Less Liabilities 0.4% |
|
2,141,656 | ||||||
Liability for TOB Trust Certificates, Including Interest Expense and Fees Payable (9.3)% |
|
(42,747,062 | ) | |||||
VMTP Shares at Liquidation Value, Net of Deferred Offering Costs (59.1)% |
|
(270,800,000 | ) | |||||
|
|
|||||||
Net Assets Applicable to Common Shares 100.0% |
|
$ | 458,068,051 | |||||
|
|
(a) | Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available. |
(b) | When-issued security. |
(c) | Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors. |
(d) | Zero-coupon bond. |
(e) | Issuer filed for bankruptcy and/or is in default. |
(f) | Non-income producing security. |
(g) | Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect. |
(h) | U.S. Government securities held in escrow, are used to pay interest on this security as well as to retire the bond in full at the date indicated, typically at a premium to par. |
(i) | Represent bonds transferred to a TOB Trust in exchange of cash and residual certificates received by the Fund. These bonds serve as collateral in a secured borrowing. |
(j) | Affiliate of the Fund. |
(k) | Annualized 7-day yield as of period end. |
For Fund compliance purposes, the Funds sector classifications refer to one or more of the sector sub-classifications used by one or more widely recognized market indexes or rating group indexes, and/or as defined by the investment adviser. These definitions may not apply for purposes of this report, which may combine such sector sub-classifications for reporting ease.
S C H E D U L E O F I N V E S T M E N T S | 4 |
Schedule of Investments (unaudited) (continued) October 31, 2023 |
BlackRock Municipal Income Trust (BFK) |
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended October 31, 2023 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
Affiliated Issuer | Value at 07/31/23 |
Purchases at Cost |
Proceeds from Sales |
Net Realized Gain (Loss) |
Change in Unrealized Appreciation (Depreciation) |
Value at 10/31/23 |
Shares Held at 10/31/23 |
Income | Capital Gain Distributions from Underlying Funds |
|||||||||||||||||||||||||||
BlackRock Liquidity Funds, MuniCash, Institutional Class |
$ | 24,056,456 | $ | 91,523,785 | (a) | $ | | $ | 934 | $ | (11 | ) | $ | 115,581,164 | 115,581,164 | $ | 237,973 | $ | | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
(a) | Represents net amount purchased (sold). |
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts
Description | Number of Contracts |
Expiration Date |
Notional Amount (000) |
Value/ Unrealized Appreciation (Depreciation) |
||||||||||||
Short Contracts |
||||||||||||||||
10-Year U.S. Treasury Note |
114 | 12/19/23 | $ | 12,088 | $ | 50,182 | ||||||||||
U.S. Long Bond |
144 | 12/19/23 | 15,687 | 224,750 | ||||||||||||
5-Year U.S. Treasury Note |
90 | 12/29/23 | 9,400 | (6,916 | ) | |||||||||||
|
|
|||||||||||||||
$ | 268,016 | |||||||||||||||
|
|
Fair Value Hierarchy as of Period End
Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:
| Level 1 Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that the Fund has the ability to access; |
| Level 2 Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other marketcorroborated inputs); and |
| Level 3 Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Valuation Committees assumptions used in determining the fair value of financial instruments). |
The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Funds policy regarding valuation of financial instruments, refer to its most recent financial statements.
The following table summarizes the Funds financial instruments categorized in the fair value hierarchy. The breakdown of the Funds financial instruments into major categories is disclosed in the Schedule of Investments above.
|
||||||||||||||||
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
|
||||||||||||||||
Assets |
||||||||||||||||
Investments |
||||||||||||||||
Long-Term Investments |
||||||||||||||||
Municipal Bonds |
$ | | $ | 567,625,276 | $ | | $ | 567,625,276 | ||||||||
Municipal Bonds Transferred to Tender Option Bond Trusts |
| 86,267,017 | | 86,267,017 |
5 |
Schedule of Investments (unaudited) (continued) October 31, 2023 |
BlackRock Municipal Income Trust (BFK) |
Fair Value Hierarchy as of Period End (continued)
|
||||||||||||||||
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
|
||||||||||||||||
Short-Term Securities |
||||||||||||||||
Money Market Funds |
$ | 115,581,164 | $ | | $ | | $ | 115,581,164 | ||||||||
|
|
|
|
|
|
|
|
|||||||||
$ | 115,581,164 | $ | 653,892,293 | $ | | $ | 769,473,457 | |||||||||
|
|
|
|
|
|
|
|
|||||||||
Derivative Financial Instruments(a) |
||||||||||||||||
Assets |
||||||||||||||||
Interest Rate Contracts |
$ | 274,932 | $ | | $ | | $ | 274,932 | ||||||||
Liabilities |
||||||||||||||||
Interest Rate Contracts |
(6,916 | ) | | | (6,916 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
$ | 268,016 | $ | | $ | | $ | 268,016 | |||||||||
|
|
|
|
|
|
|
|
(a) | Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument. |
The Fund may hold assets and/or liabilities in which the fair value approximates the carrying amount for financial reporting purposes. As of period end, such assets and/or liabilities are categorized within the fair value hierarchy as follows:
|
||||||||||||||||
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
|
||||||||||||||||
Liabilities |
||||||||||||||||
TOB Trust Certificates |
$ | | $ | (42,679,997 | ) | $ | | $ | (42,679,997 | ) | ||||||
VMTP Shares at Liquidation Value |
| (270,800,000 | ) | | (270,800,000 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
$ | | $ | (313,479,997 | ) | $ | | $ | (313,479,997 | ) | |||||||
|
|
|
|
|
|
|
|
Portfolio Abbreviation | ||
AGM | Assured Guaranty Municipal Corp. | |
AMT | Alternative Minimum Tax | |
ARB | Airport Revenue Bonds | |
BAM | Build America Mutual Assurance Co. | |
CAB | Capital Appreciation Bonds | |
GNMA | Government National Mortgage Association | |
GO | General Obligation Bonds | |
GTD | GTD Guaranteed | |
M/F | Multi-Family | |
NPFGC | National Public Finance Guarantee Corp. | |
PSF | Permanent School Fund | |
RB | Revenue Bond | |
S/F | Single-Family | |
SAB | Special Assessment Bonds | |
SAW | State Aid Withholding |
S C H E D U L E O F I N V E S T M E N T S | 6 |
1 Year BlackRock Municipal Income Chart |
1 Month BlackRock Municipal Income Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions