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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.


NYSE:BFK - Post by User

BLACKROCK Municipal Income TRUST > Shorts sounding desperate again
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Comment by quinlashon Nov 11, 2022 1:23pm
82 Views
Post# 35091962

RE:Shorts sounding desperate again

RE:Shorts sounding desperate againBennyShort...  your can look at the glass half-full or half-empty, that is your choice.  What I seen in the QTR report is an improvement of net revenue by 55% and a reduction of expenses by 42%.

I am seeing the Zack's upgrade finally come in for the stock as a Strong Buy.  I had expected the ratings on the stock to improve as a result of that report, so that is a plus.

The improvement in the report and the stock upgrades will start showing up in the SP, given time.  

Best Regards

Q

- Long on HEXO Corp.
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