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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 Growth400on Apr 30, 2018 6:29pm
171 Views
Post# 27961418

RE:Share price

RE:Share priceI get what your saying but considering all the other big lps lost roughly 50% + from their high point. Id say to you that the stability here far out weighs everyone else. If we were to follow suit with the other bigs we would have dipped way harder. Its not a company that you can say went up because the whole industry went green for the day.
mrknight wrote: We have achieved todays price point ($4.31) at least half a dozen times this month so it's not like we're in uncharted waters here. I do however believe the inevitable and recently discussed move to the TSX will be a catalyst for a spike in SP going forward. Todays mini-spike is likely just a reflection in the overall LP green day today. THCX was average for the group really, except for Canopy which saw a 10% spike. 


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