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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 momocauon Jan 29, 2023 10:23am
177 Views
Post# 35252598

I am not aI n investment adviser.

I am not aI n investment adviser.
Iam not aI n investment adviser.
But I want to let you know what I did. At first I was with ZENABIS, and HEXO bought ZENA. FOLLOWING this purchase my average rose to $7.85 per share, I decided to lower my average and I managed to lower it to $1.12 per share.
But there was a 14-1 split and my average went to $15.68 I'm going to buy other stocks to bring my average down to $12.00
As you can see, if I had kept my starting average at $7.85 plus the 14-1 split my average would have been $109.90 per share.
I took a risk ((but I made my DD before buying) I thought it was the best way to redo my investment and even make a profit.
  ((We are not all in the same situation as an investor, I could take the risk))
As I said at the beginning, I am not an investment adviser and I would never tell you (( to buy or sell your shares. ))
You should (( NEVER )) borrow or mortgage your house to buy stocks.
I trust HEXO, THAT'S MY OPINION.
GOOD LUCK TO YOU ALL AND HAVE A GOOD DAY
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