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.

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BLACKROCK Municipal Income TRUST

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Comment by greenwizon Dec 05, 2017 7:36pm

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Post# 27097082

RE:With 50 tons commitment to QC, we are worth $25+ (see below)

Your math is correct, but stockhouse is reporting the wrong shares should be 86M instead.

https://web.tmxmoney.com/quote.php?qm_symbol=THCX

I think your price target is a tad too agressive for July but definetly longer term yes IMO. Thinking more along the lines of 8 to 10 next July, ~1B valuation. Im long on this , been holding since the spring. Sold my positions in Canopy and Aurora last week to add more to this laggard. This week is the beginning of the long awaited pop we have all been waiting for. Good times ahead!

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