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

Post by mrshelving1024on Jan 22, 2019 9:26am

112 Views

Post# 29263614

Will today’s trading be fueled by FOMO, or

will we retrace some of our recent gains due to fear generated by the unexpected capital raise NR just before we list on a new exchange.????
After reviewing the latest financials, I for one can NOT understand why a company flush with cash would release what most market watchers/traders associate with dilution and negative news.
Hexo IMHO did NOT need to time this as they did. SSL and company are a lot smarter than this...me figures there is much more to be told as we peel back the onion skin on this one!!!!
No negative connotations intended....I hope something is a brewing in the background.
ALL WILL BE REVEALED SOON ENOUGH.
Good luck traders...today could be exciting.

Bullboard Posts

Sirios Resource discovers visible gold in Quebec