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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

Post by realerrealon Dec 05, 2018 1:03pm
136 Views
Post# 29069577

Stop worrying about day to day flunctuations

Stop worrying about day to day flunctuationsIt is going to go down, and up, and down, and up again many, many times, before finally reaching its full potential. Either a) try to sell high and buy low, or if you are like me, you b) hold until the company's value really shines. Either way, it sucks if you miss out on making more money than you could have had you predicted each up and down, but in the end, if you hold this stock anywhere in the 5s or even 6s (I hold 5.30), there is no reason to panic! 
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