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 > WT.A valuation

<< Previous

Bullboard Posts

Next >>

Comment by PepUP1017on Feb 08, 2021 12:54pm

73 Views

Post# 32501997

RE:RE:WT.A valuation

I too have quite a few and in the green.

Just a thought: just a few weeks ago pre-R/S and before christmas Hexo was under $1 and HIP.WT.A effective strike would work out to around $15+.

Would mean Hexo would need to climb (for ease of calculation) around a factor of 15x its price of around $1 at the time
.
With the effective strike price of HIP.WT.A being around $63+ but current share price of Hexo around $11 currently, Hexo would need to climb a factor of 6x.

Thats a huge jump within 1-2 mths, and much more potential yet to be unleashed.

To your own DD. Just my 3 cents.

Cheers!!

<< Previous

Bullboard Posts

Next >>

This junior mining stock offers billions in market exposure