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

Bullboard Posts

Comment by NEWBIEVESTORon Sep 11, 2018 6:32pm

123 Views

Post# 28600830

RE:RE:RE:Warrants lagging behind hard

Maybe it’s because there’s less interest in the warrants the higher they get. When I bought my warrants it was about 4.3 warrants per share so I had a lot of leverage. Now you can only buy 2.2 warrants per share so the leverage has been halved. Maybe this makes the premium less valuable. If I were a new investor I probably would buy shares instead of warrants at today’s prices.

Bullboard Posts

Visionstate set to leverage success in the U.S. market