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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Comment by thebiz on Mar 19, 2019 12:50pm

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Post# 29505792

RE:RE:Hip A warrantsag

The A's should be at around 0.20 right now. They are undervalued and have been out of correlation compared to SP for some time now. Eventually they will correct.

quinlash wrote: The typicall answer to any investment is ... IT DEPENDS... you need to figure if the strike price for the warrant will hit before the expiration date. Don't forget they are worthless if it misses the strike date so you need to take that into consideration when balancing your mix of warrants vs. common shares. For the A-Warrants to hit the HEXO SP needs to hit 15.80 by June 19, 2023. This assumes the HIP/HEXO deal goes through. If that doesn't pan out then (I believe), the HIP SP needs to hit 1.25.

Double check all that to be 100% sure you know what you are buying and make your own decision if it's a buy or not... taking actual investment advise from a BB is seldom a good plan.

GL to you.

spitfire191 wrote: What’s the deal on them? Are they a good buy?