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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 Yunggunon Nov 18, 2019 12:42pm
147 Views
Post# 30365202

Testing New Lows

Testing New LowsIt is not just HEXO. Across the sector it's a blood bath. Not to worried, as I recently just stuck my neck into this sector. I know a lot of you are long term bag holders, average down ya knuckleheads, or sell and trade your way back up. In my mind way to much money is on the table. Almost to big to fail....Big money leaving in fear of earnings and will return once all the weak hands have fallen from the tree. Don't expect a rally till December though, and do not expect a rally back to the 52week highs. Doing my part and told Mr.blackmarket that Hexo is cheaper and higher quality than you. Many other daily smokers are moving towards storefronts as well from the traditional, call a "buddy" and wait 45 minutes to have zero option on the product. My guess is back above $3 creeping into $4 by end of year. IMO...GTLA.
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