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 HaumerSon Jul 29, 2019 6:26pm

282 Views

Post# 29972616

RE:What is the news behind todays rally?

Coolson wrote:
Does anyone knows already?

I heard some whispers....

When something is about to happen, the institutionals know it before the retails, and a stock can make big movement either way, but I think it was just oversold. The same will happen to the others if they are pushed too low. Though, if we still see big movement over the next few days, it could be something cooking. Don't be surprised if it is down tomorrow, this is a game they like to play.

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