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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

Post by bloozguyon Mar 12, 2018 1:14pm
209 Views
Post# 27701468

risk vs reward doesnt cut it anymore....

risk vs reward doesnt cut it anymore....at least in the short term anyway. When you buy a stock in a highly volatile uncharted industry it is because the potential reward compensates you for taking the risk.  If i wanted a stock to just buy and forget about for a year or two as a lot of people here seem to suggest, i would buy something stable and known that would at least give me a dividend while i wait.
I think THCX has potentiial in the long term but there are just too many unknowns and risks right now with no catalysts and no real upside unless there is a big surprise in their financials which you have to think is doubtful considering the insider activity .
For me, its a huge flag on the play when mgmt's idea of marketing and communication is just paid boosting via CFN Media while they are busy selling shares. Maybe this means nothing considering the float but it just rubs me the wrong way, on top of too many other question marks about this company. I see only risk and little reward until they start proving they can communicate and execute a Sales & Distribution strategy OUTSIDE of Quebec.

So with that, I am out for a while, but want to wish everyone good luck and ill check back after earnings and some traction ltr in the summer.

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