BLACKROCK Municipal Income TRUST V.BFK.P

Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.

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BLACKROCK Municipal Income TRUST

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Post by pikeroo_007on Jun 26, 2020 11:51am

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Post# 31195525

The Story of Mr Dow and Mr Lagard continues

Unfortunately yesterday's reversal of Mr Dow had no follow through today. Mr. Laggard is showing signs again of lagging. It does not bode well for Mr Laggard. Maybe Mr Analyste was correct with his 23900 pts call. If that is the case Mr Laggard will probably head into low 80's slowly but surely a penny or two a day....slowly screetching out pennies from your pockets. Long term business of Hexo will be good so jump in the low 80's...now is not a good time.

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