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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 SteveB44on Apr 13, 2018 6:31am
187 Views
Post# 27877809

RE:Beacon Securities analyst

RE:Beacon Securities analyst This is very good news to read and helpful in my decision making process to hold or not. It seems that the share price has room to grow as it catches up to market peers with actual sales booked for years to come. 

I honestly did expect Hydro to be sold before now, but having a deal like this in hand I have to assume only makes the company more valuable and easier to sell. At a $4 share price do nobsee good value for my shares or any reason to sell them at this point. 

I think larger investors soon will join Hydro as they see less risk considering the revenue already booked going forward. 

I look forward to see what is next for Hydro as I am sure Mr. St-Louis has more surprises for us at some point. 

Good luck to all shareholders. 
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