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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 Mining_Dudeon Jul 24, 2018 1:57pm
203 Views
Post# 28360052

RE:RE:Still calling for a double

RE:RE:Still calling for a doubleThey did announce another government supply deal - it was with the BC government, albeit a smaller one. And Ontario has yet to annouce its suppliers.

Generally speaking, I tend to agree that more supply meaningful deals would be helpful to the share price, but I suspect the primary reason for the discount is execution risk.

DXX2453 wrote:
The reason people aren't buying this stock is because they only have one real customer.  The Quebec government, who probably gave them the contract for political reasons. I think they need to get another contract with a province in order to give the investor's more confidence in the company.


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