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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 Skateron Oct 24, 2022 4:07pm
94 Views
Post# 35044775

Average Down

Average DownWell, if a guy and his family and his friends had a dollar cost, average down, if don't sell you don't really lose strategy, regardless of common sense, this is the time and Hexo is the stock.  Hexo - the stock that lets you buy at lower and lower prices every week!  At best this is dead money for years, at worst they consolidate minimum 20:1 and the price just keeps dropping until Tilray puts this thing out of its misery.  Good luck to longs.   
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