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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 snowwolfon Jun 04, 2020 9:19am
117 Views
Post# 31110639

my story

my storySO I bought hexo way way back,  .68/share , yrs a go now it seems, watched the ride up, sold some at $7, watched it hit  $11 and said damn I missed but hey still made money used it to make downpayment on house.

Then CRA came and said hey you owe capital gains,, sold some more at 1.50 to pay the greedy govt.

Then a few weeks ago, saw the lows, and bought again at .70

My average in is now .69/share  ,and Im 2000 shares short of my original investment.

Waiting on the next ride up.

Ive watched and listend for several years, meet with Adam once or twice,  not a friend just had the opportunity. Heard thoughts and dreams and possibilities that are not public.

The volume is back, the ride is like a roller coaster as are all investments.  As Quin says pick the time to sell and buy. Ive been lucky.

I believe we are still in the infancy stages and there is soooo much to come. 
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