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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

Comment by quinlashon Feb 09, 2022 1:42pm
75 Views
Post# 34413383

RE:RE:RE:Those who went short pray for lower prices

RE:RE:RE:Those who went short pray for lower pricesBorrowing rate is around 14.5 % at the moment.  As the price goes up their potential gains through buying back drop the whole time they pay the carry fees and risk having to pay much more for the shares.   Frankly I don't care if they go broke trying to buy back, it's their trade.


Partwaythere wrote: Question RE: short position
Over the last 3 days Hexo has a steady upwards climb; do short plays hang on and hope; what does it cost them i.e. in fee's and at what point do they bail out at a loss or take out a larger short position? 
And no; I don't need Peter Peter Pumpkin CEO responding. lmao, although it is kinda funny.


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