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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 Trade4funon Apr 30, 2019 11:36am
127 Views
Post# 29688873

Another good deal today!!!!

Another good deal today!!!!Guys, we are catching a break on the price again....emotional investors taking profits has cause this dip in price.

The longs should increase their position.

I said the same thing a few weeks ago when we were down in the low 8's and briefly in the high 7's....it was a great time to buy then...and I was right.  Check my posts and you'll see

Now the pattern is repeating again...I for one, just bought more at $10.55.
We will get back past $11 either today or in less than a week...

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