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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Post by NickFord8on Jul 12, 2018 7:22am

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Post# 28304449

Red days are an awesome time...

To buy more shares!! I sold my entire position the other week. I wanted to take a chance and flip it to accumulated more shares. I had 13,410 shares. Sold half at $5.07 and half at $5.18 the day Morgan Stanley ran the SP to $5.30. I had no idea it would go that high. Anyways. Looking to start buying back in in the $4.60’s-$4.70s. I took a chance, a gamble, happy with the outcome so far. HEXO is and will be a beast. Everyone talking about how Mr. St Louis doesn’t know what he’s doing and how he sucks. I’m even guilty of this but every time we say stuff like that he comes out with an awesome NR. Good time to issue the stock grants while we are red instead of issuing it during a bull run. Good times ahead !! GLTA!!

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