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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

BLACKROCK Municipal Income TRUST
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Comment by tophat4on Apr 13, 2018 5:21pm
366 Views
Post# 27882921

RE:sky s the limit!

RE:sky s the limit!
Your absolutely correct quebec4ever. This is only the beginning of a special journey. I have read 3 or 4 articles over the past 24 hours that indicate a price target of 7.50 to 9.50 based on the deal with SAQ. I can only imagine that the warrants will see $2-$3 as well. I'm happy it's not going parabolic. A nice steady increase will get it to double digits and that's healthier in the long-term. Congrats. Have a nice weekend all.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities