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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 Vulcanon Apr 17, 2023 8:47pm
233 Views
Post# 35399574

For what tlry offered

For what tlry offeredGiven the offer.. my strategy from diamond hands holding.. has now changed since the deal was announced... my shares are grouped in 4 groups..  I've been selling and immediately putting in lower buy orders.. all at dif prices..  each flip gives me more shares.... I'll either end up with more cash or more shares...  by the time the deal goes through... And it will... regardless of vote.. ..I'll buy tlry shares with either cash or conversion... and overal count will be higher.. the only way I see making this deal better than it is ...  I've flipped all four groups atleast twice thus far..   not suggesting this for others... it's just the road I'm taking as I wait for to be a tlry shareholder...best of luck to all..   
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