<SEC-DOCUMENT>0001072613-24-000200.txt : 20240213
<SEC-HEADER>0001072613-24-000200.hdr.sgml : 20240213
<ACCEPTANCE-DATETIME>20240213160214
ACCESSION NUMBER:		0001072613-24-000200
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20240213
DATE AS OF CHANGE:		20240213

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK MUNICIPAL INCOME TRUST
		CENTRAL INDEX KEY:			0001137393
		ORGANIZATION NAME:           	
		IRS NUMBER:				510409115
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-84340
		FILM NUMBER:		24625556

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Karpus Management, Inc.
		CENTRAL INDEX KEY:			0001048703
		ORGANIZATION NAME:           	
		IRS NUMBER:				161290550
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		183 SULLY'S TRAIL
		CITY:			PITTSFORD
		STATE:			NY
		ZIP:			14534
		BUSINESS PHONE:		5855864680

	MAIL ADDRESS:	
		STREET 1:		183 SULLY'S TRAIL
		CITY:			PITTSFORD
		STATE:			NY
		ZIP:			14534

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	KARPUS MANAGEMENT INC
		DATE OF NAME CHANGE:	19971029
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>karpus-sch13g_18788.htm
<DESCRIPTION>KARPUS INVESTMENT MGT / BLACKROCK MUNI INCOME TRUST - SCHEDULE 13G
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
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<P STYLE="margin: 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 12pt; margin-bottom: 3pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></P>

<P STYLE="margin-top: 0; padding-bottom: 0; margin-bottom: 0; text-align: center; font: 10pt Times New Roman, Times, Serif; padding-top: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt"><B>UNITED
STATES</B></FONT></P>

<P STYLE="margin-top: 0; padding-bottom: 0; margin-bottom: 0; text-align: center; font: 10pt Times New Roman, Times, Serif; padding-top: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt"><B>SECURITIES
AND EXCHANGE COMMISSION</B></FONT></P>

<P STYLE="margin-top: 0; text-align: center; font: 10pt Times New Roman, Times, Serif; padding-top: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; text-transform: uppercase"><B>Washington,
D.C. 20549</B></FONT></P>

<P>&nbsp;</P>

<P></P>

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<P></P>

<P>&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 9; margin-bottom: 20pt; text-align: center; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 14pt"><B>SCHEDULE
13G</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; padding-bottom: 0; margin-bottom: 0pt; text-align: center; padding-top: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Under
the Securities Exchange Act of 1934</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0; text-align: center; padding-top: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&nbsp;&nbsp;(Amendment
No.&#8239;&#8239;&#8239;&#8239;) *</B></FONT></P>

<P STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; text-align: center; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 18pt; font-style: normal; text-transform: none; background-color: rgb(255, 255, 255)"><B>BlackRock Municipal Income Trust</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">(Name
of Issuer)</FONT></P>

<P STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-style: normal; text-transform: none; background-color: rgb(255, 255, 255)"><B>Common</B></FONT></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 0pt auto; width: 100%"><DIV STYLE="border-top: Black 1pt solid; font-size: 1pt">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">(Title
of Class of Securities)</FONT></P>

<P STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0; margin-bottom: 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-style: normal; text-transform: none; background-color: rgb(255, 255, 255)"><B>09248F109</B></FONT></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 0pt auto; width: 100%"><DIV STYLE="border-top: Black 1pt solid; font-size: 1pt">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">(CUSIP
Number)</FONT></P>

<P STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>December
31, 2023</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">(Date
of Event Which Requires Filing of This Statement)</FONT></P>

<P STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 36pt; margin-right: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Check
the appropriate box to designate the rule pursuant to which this Schedule is filed:</FONT></P>

<P STYLE="margin-top: 0; padding-bottom: 0; margin-left: 80pt; margin-bottom: 0; padding-top: 0">&#9746;<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&#160;Rule
13d-1(b)</FONT></P>

<P STYLE="margin-top: 0; padding-bottom: 0; margin-left: 80pt; margin-bottom: 0; padding-top: 0">&#9744;&#160;&nbsp;&nbsp;Rule 13d-1(c)</P>

<P STYLE="margin-top: 0; padding-bottom: 0; margin-left: 80pt; padding-top: 0">&#9744;&#160;&nbsp;&nbsp;Rule 13d-1(d)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 36pt; margin-right: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">*
The remainder of this cover page shall be filled out for a reporting person&rsquo;s initial filing on this form with respect to the subject
class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover
page.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 36pt; margin-right: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
information required on the remainder of this cover page shall not be deemed to be &ldquo;filed&rdquo; for the purpose of Section 18
of the Securities Exchange Act of 1934 (&ldquo;Act&rdquo;) or otherwise subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act (however,&nbsp;<I>see</I>&nbsp;the&nbsp;<I>Notes</I>).</FONT></P>



<P STYLE="text-indent: 0pt; margin-right: 0; margin-left: 0"></P>

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<P STYLE="text-indent: 0pt; margin-right: 0; margin-left: 0"></P>


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    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
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<P><TABLE CELLPADDING="5" CELLSPACING="0" STYLE="font: 9pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"> <TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border: Black 1pt solid; text-align: left; vertical-align: middle; width: 33%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CUSIP
                                            No.&#9;&nbsp;<FONT STYLE="font-style: normal; text-transform: none; background-color: rgb(255, 255, 255)">09248F109</FONT></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0"></P>



</TD>
    <TD STYLE="text-align: center; vertical-align: middle; width: 34%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>13G</B></FONT></TD>
    <TD STYLE="border: Black 1pt solid; text-indent: 0pt; padding-left: 0pt; text-align: right; vertical-align: middle; width: 33%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Page
    2 of 5 Pages&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD></TR>
</TABLE></P>

<P STYLE="text-align: center"></P>

<div><DIV STYLE="text-align: left"></DIV>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="3" BORDER="0" STYLE="width: 100%; font-size: 9pt">
<TR VALIGN="TOP">
    <TD STYLE="border-top: #000000 1px solid; border-bottom: Black 1px solid; border-left: Black 1pt solid; text-align: right; width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 16pt"><B>1.</B></FONT></TD>
    <TD STYLE="border-top: #000000 1px solid; border-right: Black 1pt solid; border-bottom: Black 1px solid; width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: #000000 1px solid; border-bottom: #000000 1px solid; text-indent: 5pt; width: 87%"><P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NAME
                                            OF REPORTING PERSON(S)</FONT></P>
                                                                                <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>
                                                                                <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-style: normal; font-variant: normal; text-transform: none; background-color: rgb(255, 255, 255)"><B>Karpus
                                            Investment Management</B></FONT></P>
                                                                                <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="border-top: #000000 1px solid; border-bottom: #000000 1px solid; width: 1%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: #000000 1px solid; border-right: Black 1pt solid; border-bottom: Black 1px solid; width: 6%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: Black 1px solid; border-left: Black 1pt solid; vertical-align: top; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 16pt"><B>2.</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1px solid; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #000000 1px solid; text-indent: 5pt; vertical-align: top"><P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CHECK
                                            THE APPROPRIATE BOX IF A MEMBER OF A GROUP</FONT></P>
                                                              <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: White">&nbsp;</FONT></P>
                                                              <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: White">&nbsp;</FONT></P>
                                                              <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: White">&nbsp;</FONT></P>
                                                              <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"></P>
                                                              <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"></P></TD>
    <TD STYLE="border-bottom: #000000 1px solid; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: left; margin-top: 0pt; margin-bottom: 0pt; vertical-align: top"><P STYLE="margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">(a)
                                            <FONT STYLE="background-color: Silver">&#9744;</FONT></FONT></P>
                                                                                                                                                          <P STYLE="margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">(b)
                                            <FONT STYLE="background-color: Silver">&#9746;</FONT></FONT></P></TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(213,213,213)">
    <TD STYLE="border-bottom: Black 1px solid; border-left: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 16pt"><B>3.</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1px solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #000000 1px solid; text-indent: 5pt"><P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SEC
                                            USE ONLY</FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="border-bottom: #000000 1px solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1px solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-bottom: Black 1px solid; border-left: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 16pt"><B>4.</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1px solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #000000 1px solid; text-indent: 5pt"><P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CITIZENSHIP
                                            OR PLACE OF ORGANIZATION</FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>New
                                            York&nbsp;</B></FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B>&nbsp;</FONT></P></TD>
    <TD STYLE="border-bottom: #000000 1px solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1px solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>

<TABLE CELLSPACING="0" CELLPADDING="3" BORDER="0" STYLE="width: 100%; font-size: 9pt">
<TR>
    <TD STYLE="border-left: Black 1pt solid; width: 14%"></TD>
    <TD STYLE="width: 3%"></TD>
    <TD STYLE="border-left: Black 1pt solid; width: 2%"></TD>
    <TD STYLE="border-right: Black 1pt solid; width: 3%"></TD>
    <TD STYLE="border-right: Black 1pt solid; text-indent: 5pt; width: 78%"></TD></TR>
<TR VALIGN="TOP">
    <TD ROWSPAN="4" STYLE="border-bottom: #000000 1px solid; border-left: Black 1pt solid; vertical-align: middle; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>NUMBER
    OF <BR>
    SHARES <BR>
    BENEFICIALLY<BR>
    OWNED BY EACH<BR>
    REPORTING<BR>
    PERSON WITH</B></FONT></TD>
    <TD VALIGN="BOTTOM"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #000000 1px solid; border-left: Black 1pt solid; text-align: right"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&nbsp;<FONT STYLE="font-size: 16pt">5.</FONT></B></FONT></P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: #000000 1px solid; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: #000000 1px solid; text-indent: 5pt"><P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SOLE
                                            VOTING POWER</FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt"><B>3,834,293
                                            <FONT STYLE="font-family: Times New Roman, Times, Serif">Shares</FONT></B></FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD></TR>
<TR VALIGN="TOP">
    <TD VALIGN="BOTTOM"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #000000 1px solid; border-left: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 16pt"><B>6.</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: #000000 1px solid; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: #000000 1px solid; text-indent: 5pt"><P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SHARED
                                            VOTING POWER</FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>0
                                            Shares</B></FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD></TR>
<TR VALIGN="TOP">
    <TD VALIGN="BOTTOM"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #000000 1px solid; border-left: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 16pt"><B>7.</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: #000000 1px solid; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: #000000 1px solid; text-indent: 5pt"><P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SOLE
                                            DISPOSITIVE POWER</FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>3,834,293
                                            Shares</B></FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD></TR>
<TR VALIGN="TOP">
    <TD VALIGN="BOTTOM" STYLE="border-bottom: #000000 1px solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #000000 1px solid; border-left: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 16pt"><B>8.</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: #000000 1px solid; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: #000000 1px solid; text-indent: 5pt"><P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SHARED
                                            DISPOSITIVE POWER</FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>0
                                            Shares</B></FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD></TR>
</TABLE>

<TABLE CELLSPACING="0" CELLPADDING="3" BORDER="0" STYLE="width: 100%; font-size: 9pt">
<TR VALIGN="BOTTOM">
    <TD STYLE="border-left: Black 1pt solid; width: 3%"></TD>
    <TD STYLE="border-right: Black 1pt solid; width: 3%"></TD>
    <TD STYLE="text-indent: 5pt; width: 87%"></TD>
    <TD STYLE="width: 1%"></TD>
    <TD STYLE="border-right: Black 1pt solid; width: 6%"></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-bottom: #000000 1px solid; border-left: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 16pt"><B>9.</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: #000000 1px solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #000000 1px solid; text-indent: 5pt"><P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">AGGREGATE
                                            AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt"><B>3,834,293
                                            Shares</B></FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="border-bottom: #000000 1px solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: #000000 1px solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-bottom: #000000 1px solid; border-left: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 16pt"><B>10.</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: #000000 1px solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #000000 1px solid; text-indent: 5pt"><P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CHECK
                                            BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES</FONT></P>
                                                 <P STYLE="text-indent: 10pt; text-align: right; margin-top: 0; margin-bottom: 0"></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="border-bottom: #000000 1px solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: #000000 1px solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;<FONT STYLE="background-color: Silver">&#9744;</FONT></FONT></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-bottom: #000000 1px solid; border-left: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 16pt"><B>11.</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: #000000 1px solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #000000 1px solid; text-indent: 5pt"><P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">PERCENT
                                            OF CLASS REPRESENTED BY AMOUNT IN ROW (9)</FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;</FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>8.74%</B></FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="border-bottom: #000000 1px solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: #000000 1px solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-bottom: #000000 1px solid; border-left: Black 1pt solid; text-align: right"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&nbsp;<FONT STYLE="font-size: 16pt">12.</FONT></B></FONT></P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: #000000 1px solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #000000 1px solid; text-indent: 5pt"><P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">TYPE
                                            OF REPORTING PERSON</FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;</FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>IA</B></FONT></P>
                                                 <P STYLE="text-indent: 10pt; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="border-bottom: #000000 1px solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: #000000 1px solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>




</B></FONT></P></TD></TR></B></FONT></P></TD></TR></DIV>


<P><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


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<P><TABLE CELLPADDING="5" CELLSPACING="0" STYLE="font: 9pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"> <TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border: Black 1pt solid; text-align: left; vertical-align: middle; width: 33%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CUSIP
                                            No.&#9;&nbsp;<FONT STYLE="text-transform: none">09248F109</FONT></B></FONT></P>



</TD>
    <TD STYLE="text-align: center; vertical-align: middle; width: 34%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>13G</B></FONT></TD>
    <TD STYLE="border: Black 1pt solid; text-indent: 0pt; padding-left: 0pt; text-align: right; vertical-align: middle; width: 33%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Page
    3 of 5 Pages&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD></TR>
</TABLE></P>

<P STYLE="text-indent: 0pt; margin-right: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin: 0; text-indent: 0pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin: 0; text-indent: 0pt; padding-top: 0; padding-bottom: 0"></P>

<TABLE ALIGN="CENTER" BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt times new roman; width: 100%; margin-bottom: 0">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 72pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item 1(a).</B></FONT></TD>
    <TD STYLE="text-decoration: underline"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Name of Issuer:</U></B></FONT></TD></TR>
</TABLE>
<P STYLE="margin: 0; text-indent: 0pt; padding-top: 0; padding-bottom: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0">BlackRock Municipal Income Trust</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0; padding-top: 0; padding-bottom: 0"></P>

<TABLE ALIGN="CENTER" BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt times new roman; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 72pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item 1(b).</B></FONT></TD>
    <TD STYLE="text-decoration: underline"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Address of
    Issuer's Principal Executive Offices:</U></B></FONT></TD></TR>
</TABLE>
<P STYLE="margin: 0; text-indent: 0pt; padding-top: 0; padding-bottom: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0">100 Bellevue Parkway, Wilmington, Delaware 19809</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0; padding-top: 0; padding-bottom: 0"></P>

<TABLE ALIGN="CENTER" BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt times new roman; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 72pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item 2(a).</B></FONT></TD>
    <TD STYLE="text-decoration: underline"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Name of Person
    Filing:</U></B></FONT></TD></TR>
</TABLE>
<P STYLE="margin: 0; text-indent: 0pt; padding-top: 0; padding-bottom: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; color: rgb(0, 0, 0); margin: 0 0 0 72pt; text-indent: 0px">This
statement is being filed by Karpus Management, Inc., d/b/a Karpus Investment Management (&ldquo;Karpus&rdquo; or the &ldquo;Reporting
Person&rdquo;). Karpus is a registered investment adviser under Section 203 of the Investment Advisers Act of 1940. Karpus is controlled
by City of London Investment Group plc (&ldquo;CLIG&rdquo;), which is listed on the London Stock Exchange. However, in accordance with
SEC Release No. 34-39538 (January 12, 1998), effective informational barriers have been established between Karpus and CLIG such that
voting and investment power over the subject securities is exercised by Karpus independently of CLIG, and, accordingly, attribution of
beneficial ownership is not required between Karpus and CLIG.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; color: rgb(0, 0, 0); margin: 0; text-indent: 0px">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; color: rgb(0, 0, 0); margin: 0 0 0 72pt; text-indent: 0px">The
Shares to which this Schedule 13G relates are owned directly by the accounts managed by Karpus.</P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0; padding-top: 0; padding-bottom: 0"></P>

<TABLE ALIGN="CENTER" BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt times new roman; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 72pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item 2(b).</B></FONT></TD>
    <TD STYLE="text-decoration: underline"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Address of
    Principal Business Office or, if none, Residence:</U></B></FONT></TD></TR>
</TABLE>
<P STYLE="margin: 0; text-indent: 0pt; padding-top: 0; padding-bottom: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">183
Sully's Trail, Pittsford, New York 14534.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0; padding-top: 0; padding-bottom: 0"></P>

<TABLE ALIGN="CENTER" BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt times new roman; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 72pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item 2(c).</B></FONT></TD>
    <TD STYLE="text-decoration: underline"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Citizenship:</U></B></FONT></TD></TR>
</TABLE>
<P STYLE="margin: 0; text-indent: 0pt; padding-top: 0; padding-bottom: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-style: normal; font-weight: 400; text-transform: none; background-color: rgb(255, 255, 255)">The
members of the Karpus Management Committee are US citizens. Karpus is a New York corporation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0; padding-top: 0; padding-bottom: 0"></P>

<TABLE ALIGN="CENTER" BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt times new roman; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 72pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item 2(d).</B></FONT></TD>
    <TD STYLE="text-decoration: underline"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Title of Class
    of Securities.</U></B></FONT></TD></TR>
</TABLE>
<P STYLE="margin: 0; text-indent: 0pt; padding-top: 0; padding-bottom: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0">Common</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0; padding-top: 0; padding-bottom: 0"></P>

<TABLE ALIGN="CENTER" BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt times new roman; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 72pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item 2(e).</B></FONT></TD>
    <TD STYLE="text-decoration: underline"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>CUSIP Number.</U></B></FONT></TD></TR>
</TABLE>
<P STYLE="margin: 0; text-indent: 0pt; padding-top: 0; padding-bottom: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">09248F109</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"></P>

<P STYLE="margin-top: 0; margin-bottom: 0; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT>&nbsp;</P>

<TABLE ALIGN="CENTER" BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt times new roman; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 72pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item 3.</B></FONT></TD>
    <TD STYLE="text-decoration: underline"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>If this statement
    is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:</U></B></FONT></TD></TR>
</TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, serif; width: 100%">
<TR>
                <TD STYLE="width: 72pt"></td>
                <TD STYLE="vertical-align: top; width: 21.5pt">(a)<FONT STYLE="font-size: 1px">&#160;</FONT></td>
                <TD STYLE="vertical-align: top; width: 18.7pt">&#9744;<A ID="Check10" NAME="Check10"></A></td>
                <TD STYLE="vertical-align: top; text-align: left; width: auto">Broker or dealer registered under Section 15 of the Act
                (15 U.S.C. 78o);</td>
              </tr>
</TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<DIV><DIV></DIV>
        <DIV><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, serif; width: 100%"> <TR><TD STYLE="width: 72pt"></TD>
                <TD STYLE="width: 21.5pt; vertical-align: top">(b)<FONT STYLE="font-size: 1px">&#160;</FONT></TD>
                <TD STYLE="width: 18.7pt; vertical-align: top">&#9744;<A ID="Check11" NAME="Check11"></A></TD>
                <TD STYLE="width: auto; vertical-align: top; text-align: left">Bank as defined in Section 3(a)(6) of the Act (15 U.S.C.
                78c);</TD>
              </TR>

          </TABLE>
        </DIV>
        <DIV>&#160;</DIV>
        <DIV><TABLE ID="z525d44bb7a784c54a30e8e454eb255c8" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, serif; width: 100%">
        <TR><TD STYLE="width: 72pt"></TD>
                <TD STYLE="width: 21.5pt; vertical-align: top; align: right">(c)<FONT STYLE="font-size: 1px">&#160;</FONT></TD>
                <TD STYLE="width: 18.7pt; vertical-align: top; align: right">&#9744;<A ID="Check12" NAME="Check12"></A></TD>
                <TD STYLE="width: auto; vertical-align: top; text-align: left">Insurance company as defined in Section 3(a)(19) of the
                Act (15 U.S.C. 78c);</TD>
              </TR>

          </TABLE>
        </DIV>
        <DIV>&#160;</DIV>
        <DIV><TABLE ID="zd729b33ff51d406a9beb79f8fe7aec7c" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, serif; width: 100%">
        <TR><TD STYLE="width: 72pt"></TD>
                <TD STYLE="width: 21.5pt; vertical-align: top; align: right">(d)<FONT STYLE="font-size: 1px">&#160;</FONT></TD>
                <TD STYLE="width: 18.7pt; vertical-align: top; align: right">&#9744;<A ID="Check13" NAME="Check13"></A></TD>
                <TD STYLE="width: auto; vertical-align: top; text-align: left">Investment company registered under Section 8 of the Investment
                Company Act of 1940 (15 U.S.C. 80a-8);</TD>
              </TR>

          </TABLE>
        </DIV>
        <DIV>&#160;</DIV>
        <DIV><TABLE ID="z884d1c4fa52f45e8930d93b60a4dde03" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, serif; width: 100%">
        <TR><TD STYLE="width: 72pt"></TD>
                <TD STYLE="width: 21.5pt; vertical-align: top; align: right">(e)<FONT STYLE="font-size: 1px">&#160;</FONT></TD>
                <TD STYLE="width: 18.7pt; vertical-align: top; align: right">&#9746;<A ID="Check14" NAME="Check14"></A></TD>
                <TD STYLE="width: auto; vertical-align: top; text-align: left">An investment adviser in accordance with &#167;240.13d-1(b)(1)(ii)(E);</TD>
              </TR>

          </TABLE>
        </DIV>
        <DIV>&#160;</DIV>
        <DIV><TABLE ID="z6188de2a903c4882a68647466561f5a3" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, serif; width: 100%">
        <TR><TD STYLE="width: 72pt"></TD>
                <TD STYLE="width: 21.5pt; vertical-align: top; align: right">(f)<FONT STYLE="font-size: 1px">&#160;</FONT></TD>
                <TD STYLE="width: 18.7pt; vertical-align: top; align: right">&#9744;<A ID="Check15" NAME="Check15"></A></TD>
                <TD STYLE="width: auto; vertical-align: top; text-align: left">An employee benefit plan or endowment fund in accordance
                with &#167;240.13d-1(b)(1)(ii)(F);</TD>
              </TR>

          </TABLE>
        </DIV>
        <DIV>&#160;</DIV>
        <DIV><TABLE ID="z6ed841318d384f388e280da5616fa989" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, serif; width: 100%">
        <TR><TD STYLE="width: 72pt"></TD>
                <TD STYLE="width: 21.5pt; vertical-align: top; align: right">(g)<FONT STYLE="font-size: 1px">&#160;</FONT></TD>
                <TD STYLE="width: 18.7pt; vertical-align: top; align: right">&#9744;<A ID="Check16" NAME="Check16"></A></TD>
                <TD STYLE="width: auto; vertical-align: top; text-align: left">A parent holding company or control person in accordance
                with &#167;240.13d-1(b)(1)(ii)(G);</TD>
              </TR>

          </TABLE>
        </DIV>
        <DIV>&#160;</DIV>
        <DIV><TABLE ID="z0472eef465e44dcfa58a8c39675d0b3a" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, serif; margin: 0; width: 100%">
        <TR><TD STYLE="width: 72pt"></TD>
                <TD STYLE="width: 21.5pt; vertical-align: top">(h)<FONT STYLE="font-size: 1px">&#160;</FONT></TD>
                <TD STYLE="width: 18.7pt; vertical-align: top">&#9744;<A ID="Check17" NAME="Check17"></A></TD>
                <TD STYLE="width: auto; vertical-align: top; text-align: left">A savings association as defined in Section 3(b) of the
                Federal Deposit Insurance Act (12 U.S.C. 1813);</TD>
              </TR>

          </TABLE>
        </DIV>
        <DIV>&#160;</DIV>
        <DIV><TABLE ID="z4a7a2e01f93b4433a3723cfd0f4886ab" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, serif; width: 100%">
        <TR><TD STYLE="width: 72pt"></TD>
                <TD STYLE="width: 21.5pt; vertical-align: top; align: right">(i)<FONT STYLE="font-size: 1px">&#160;</FONT></TD>
                <TD STYLE="width: 18.7pt; vertical-align: top; align: right">&#9744;<A ID="Check18" NAME="Check18"></A></TD>
                <TD STYLE="width: auto; vertical-align: top; text-align: left"><P STYLE="margin-top: 0; margin-bottom: 0">A church plan
                                            that is excluded from the definition of an investment company under Section 3(c)(14) of the
                                            Investment Company Act of 1940 (15 U.S.C. 80a-3);</P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P></TD>
              </TR>

<TR>
                <TD>&nbsp;</TD>
                <TD>(j)</TD>
                <TD>&#9744;&nbsp;</TD>
                <TD STYLE="vertical-align: top; text-align: left">A non-U.S. institution in accordance with &#167;240.13d-1(b)(1)(ii)(J);</TD></TR>
</TABLE> </DIV>
        <DIV>&nbsp;</DIV>

<DIV STYLE="vertical-align: top; text-align: left"></DIV>
          <DIV><TABLE ID="z833c9cc86ffa4e04958783304d8ea125" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, serif; width: 100%">
          <TR><TD STYLE="width: 72pt"></TD>
                  <TD STYLE="width: 21.5pt; vertical-align: top; align: right">(k)<FONT STYLE="font-size: 1px">&#160;</FONT></TD>
                  <TD STYLE="width: 18.7pt; vertical-align: top; align: right">&#9744;</TD>
                  <TD STYLE="width: auto; vertical-align: top; text-align: left">Group, in accordance with &#167;240.13d-1(b)(1)(ii)(K).</TD>
                </TR>

            </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

      </DIV></DIV>

<P></P>


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    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P><TABLE CELLPADDING="5" CELLSPACING="0" STYLE="font: 9pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"> <TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border: Black 1pt solid; text-align: left; vertical-align: middle; width: 33%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CUSIP
                                            No.&#9;&nbsp;<FONT STYLE="text-transform: none">09248F109</FONT></B></FONT></P>



</TD>
    <TD STYLE="text-align: center; vertical-align: middle; width: 34%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>13G</B></FONT></TD>
    <TD STYLE="border: Black 1pt solid; text-indent: 0pt; padding-left: 0pt; text-align: right; vertical-align: middle; width: 33%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Page
    4 of 5 Pages&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD></TR>
</TABLE></P>

<P STYLE="text-indent: 0pt; margin-right: 0; margin-left: 0">&nbsp;</P>

<P STYLE="text-indent: 0pt; margin-right: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<TABLE ALIGN="CENTER" BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt times new roman; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 72pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item 4.</B></FONT></TD>
    <TD STYLE="text-decoration: underline"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Ownership:</U></B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; text-indent: 72pt; margin-right: 0; margin-left: 0; padding-top: 0">Provide
the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-indent: 72pt; margin-right: 0; margin-left: 0; padding-top: 0"><FONT STYLE="font-size: 10pt">(a)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amount beneficially owned: &nbsp;&nbsp;<B>3,834,293</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-indent: 72pt; margin-right: 0; margin-left: 0; padding-top: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Percent of Class: &nbsp; &#8239;<B>8.74%</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-indent: 72pt; margin-right: 0; margin-left: 0; padding-top: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Number of shares as to which such person has:</FONT></P>

<P STYLE="text-indent: 0pt; margin-right: 0; margin-left: 100pt"><FONT STYLE="font-size: 10pt">(i) &nbsp;&nbsp;&nbsp;&nbsp;Sole power
to vote or direct the vote: &nbsp;&nbsp;&nbsp;<B>3,834,293</B></FONT></P>

<P STYLE="text-indent: 0pt; margin-right: 0; margin-left: 100pt"><FONT STYLE="font-size: 10pt">(ii) &nbsp;&nbsp;&nbsp;Shared power to
vote or direct the vote: &nbsp;&nbsp;&nbsp;&nbsp;<B>0</B></FONT></P>

<P STYLE="text-indent: 0pt; margin-right: 0; margin-left: 100pt"><FONT STYLE="font-size: 10pt">(iii) &nbsp;&nbsp;Sole power to dispose
or to direct the disposition of: &nbsp;&nbsp;&nbsp;<B>3,834,293</B></FONT></P>

<P STYLE="margin: 0 0 0 100pt; text-indent: 0pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-size: 10pt">(iv) &nbsp;&nbsp;Shared
power to dispose or to direct the disposition of: &nbsp;&nbsp;&nbsp;&nbsp;<B>0</B></FONT></P>

<P STYLE="margin: 0 0 0 100pt; text-indent: 0pt; padding-top: 0; padding-bottom: 0">&nbsp;</P>

<P STYLE="margin: 0 0 0 100pt; text-indent: 0pt; padding-top: 0; padding-bottom: 0">&nbsp;</P>

<P STYLE="margin: 0 0 0 100pt; text-indent: 0pt; padding-top: 0; padding-bottom: 0">&nbsp;</P>

<P STYLE="margin: 0; text-indent: 0pt; padding-top: 0; padding-bottom: 0"></P>

<TABLE ALIGN="CENTER" BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt times new roman; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 72pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item 5.</B></FONT></TD>
    <TD STYLE="text-decoration: underline"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Ownership
    of Five Percent or Less of a Class.</U></B></FONT></TD></TR>
</TABLE>
<P STYLE="text-indent: 0pt; margin-right: 0; margin-left: 0"></P>

<P STYLE="margin: 0pt 0pt 3pt; text-align: justify; text-indent: 72pt; font-size: 10pt; padding-top: 0pt; padding-bottom: 0pt">If this statement
is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five
percent of the class of securities, check the following: &nbsp;&#160;&#9744;</P>

<P STYLE="margin: 0 0 0pt; text-align: justify; text-indent: 72pt; font-size: 10pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="padding-top: 0; margin-bottom: 0pt; text-align: justify; text-indent: 72pt; margin-right: 0; margin-left: 0; font-size: 10pt; padding-bottom: 0"></P>

<P STYLE="margin: 0; text-indent: 0pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></P>

<TABLE ALIGN="CENTER" BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt times new roman; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 72pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item 6.</B></FONT></TD>
    <TD STYLE="text-decoration: underline"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Ownership
    of More than Five Percent on Behalf of Another Person.</U></B></FONT></TD></TR>
</TABLE>
<P STYLE="margin: 0; text-indent: 0pt; padding-top: 0; padding-bottom: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-style: normal; font-weight: 400; text-transform: none; background-color: rgb(255, 255, 255)">Not
applicable.</FONT></P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE ALIGN="CENTER" BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt times new roman; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 72pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item 7.</B></FONT></TD>
    <TD STYLE="text-decoration: underline"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Identification
    and Classification of the Subsidiary Which Acquired the Security being Reported on by the Parent Holding Company.</U></B></FONT></TD></TR>
</TABLE>
<P STYLE="margin: 0; text-indent: 0pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Not
applicable.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE ALIGN="CENTER" BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt times new roman; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 72pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item 8.</B></FONT></TD>
    <TD STYLE="text-decoration: underline"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Identification
    and Classification of Members of the Group.</U></B></FONT></TD></TR>
</TABLE>
<P STYLE="margin: 0; text-indent: 0pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Not
applicable.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0; padding-top: 0; padding-bottom: 0"></P>

<P STYLE="margin-top: 0; margin-bottom: 0; padding-top: 0; padding-bottom: 0"></P>

<TABLE ALIGN="CENTER" BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt times new roman; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 72pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item 9.</B></FONT></TD>
    <TD STYLE="text-decoration: underline"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Notice of
    Dissolution of Group.</U></B></FONT></TD></TR>
</TABLE>
<P STYLE="margin: 0; text-indent: 0pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Not
applicable.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0; padding-top: 0; padding-bottom: 0"></P>

<P STYLE="margin-top: 0; margin-bottom: 0; padding-top: 0; padding-bottom: 0"></P>

<TABLE ALIGN="CENTER" BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt times new roman; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 72pt; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item 10.</B></FONT></TD>
    <TD STYLE="text-decoration: underline"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Certification.</U></B></FONT></TD></TR>
</TABLE>
<P STYLE="margin: 0; text-indent: 0pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-style: normal; font-weight: 400; text-transform: none; background-color: rgb(255, 255, 255)">By
signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in
the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing
the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction
having that purpose or effect</FONT><FONT STYLE="font-style: normal; font-weight: 400; text-transform: none">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 72pt; padding-top: 0; padding-bottom: 0"></P>


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<TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border: Black 1pt solid; text-align: left; vertical-align: middle; width: 33%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CUSIP
                                            No.&#9;&nbsp;<FONT STYLE="text-transform: none">09248F109</FONT></B></FONT></P>



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    <TD STYLE="text-align: center; vertical-align: middle; width: 34%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>13G</B></FONT></TD>
    <TD STYLE="border: Black 1pt solid; text-indent: 0pt; padding-left: 0pt; text-align: right; vertical-align: middle; width: 33%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Page
    5 of 5 Pages&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD></TR>
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<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B><U>SIGNATURES</U></B></FONT></P>

<P STYLE="text-indent: 72pt; margin-right: 0; margin-left: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">After
reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement
is true, complete and correct.</FONT></P>

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<P STYLE="text-indent: 0pt; margin-right: 0; margin-left: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">Dated:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#8239;&#8239;&nbsp;&#8239;&#8239;&#8239;&nbsp;&nbsp;February
13, 2024</FONT></P>

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          <TR></FONT><td style="WIDTH: 50%" valign="top"><FONT STYLE="font-size: 10pt">&#160;</FONT></td>
                  <td style="WIDTH: 38%" colspan="2" valign="top"><div style="font-weight: bold; text-align: left;"><div><FONT STYLE="font-size: 10pt">KARPUS
                                            MANAGEMENT, INC.</FONT></div>
                      <br>
                    </div>
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                </tr>
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                  <td style="WIDTH: 50%" valign="top"><FONT STYLE="font-size: 10pt">&#160;</FONT></td>
                  <td style="WIDTH: 3%" valign="top"><FONT STYLE="font-size: 10pt">&#160;</FONT></td>
                  <td style="WIDTH: 35%" valign="top"><FONT STYLE="font-size: 10pt">&#160;</FONT></td>
                  <td style="WIDTH: 12%" valign="top"><FONT STYLE="font-size: 10pt">&#160;</FONT></td>
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                  <td style="WIDTH: 3%; PADDING-BOTTOM: 2px" valign="top"><div style="TEXT-ALIGN: left"><FONT STYLE="font-size: 10pt">By:</FONT></div>
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                  <td style="WIDTH: 35%; BORDER-BOTTOM: #000000 2px solid" align="left" nowrap="nowrap" valign="top"><FONT STYLE="font-size: 10pt">/s/&#160;Jodi
                  L. Hedberg</FONT></td>
                  <td style="WIDTH: 12%; PADDING-BOTTOM: 2px" valign="top"><FONT STYLE="font-size: 10pt">&#160;</FONT></td>
                </tr>
                <tr>
                  <td style="WIDTH: 50%" valign="top"><FONT STYLE="font-size: 10pt">&#160;</FONT></td>
                  <td style="WIDTH: 3%" valign="top"><FONT STYLE="font-size: 10pt">&#160;</FONT></td>
                  <td style="WIDTH: 35%" align="left" nowrap="nowrap" valign="bottom"><FONT STYLE="font-size: 10pt">Name:&#160; Jodi
                  L. Hedberg</FONT></td>
                  <td style="WIDTH: 12%" valign="top"><FONT STYLE="font-size: 10pt">&#160;</FONT></td>
                </tr>
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                  <td style="WIDTH: 50%" valign="top"><FONT STYLE="font-size: 10pt">&#160;</FONT></td>
                  <td style="WIDTH: 3%" valign="top"><FONT STYLE="font-size: 10pt">&#160;</FONT></td>
                  <td style="WIDTH: 35%" valign="top"><FONT STYLE="font-size: 10pt">Title:&#160;&#160;&#160; Chief Compliance Officer</FONT></td>
                  <td style="WIDTH: 12%" valign="top"><FONT STYLE="font-size: 10pt">&#160;</FONT></td>
                </tr>
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                  <td style="WIDTH: 50%" valign="top"><FONT STYLE="font-size: 10pt">&#160;</FONT></td>
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                  <td style="WIDTH: 35%" valign="top"><FONT STYLE="font-size: 10pt">&#160;</FONT></td>
                  <td style="WIDTH: 12%" valign="top"><FONT STYLE="font-size: 10pt">&#160;</FONT></td>
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