On January 19, 2024, Karpus Management, Inc announced that on January 18, 2024 it has delivered a letter to the Secretary of BlackRock Municipal Income Fund containing a shareholder proposal pursuant to Rule 14a-8 of the Securities Exchange Act of 1934 for presentation to the Company?s shareholders at the Company?s 2024 annual meeting of shareholders. The proposal requests that (i) the Company?s board of trustees promptly consider authorizing a self-tender offer for all outstanding common shares of the Company at or close to net asset value and (ii) if more than 50% of the Company?s outstanding common shares are tendered, the tender offer be cancelled and the Board take the steps necessary to liquidate, merge, or convert the Company to an open-end mutual fund or exchange traded fund.