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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 quinlashon Jan 15, 2020 9:55am
147 Views
Post# 30555001

Bye Bye Nervous Investors.. Sentiment has switched direction

Bye Bye Nervous Investors.. Sentiment has switched directionPretty sure we just lost most of the investors this morning that were nervous about the pullback.  New money coming in now will likely hold in while they wait for more news to start coming out regarding edibles and infused drinks.  Impossible to say if the price will pull back or keep running however IMO the new guys coming in will not mess their shorts too quickly.

Still hoping HEXO surprises us with news out of the on-going AGM, guessing we will hear something out of that in the next 2-3 hours.

GLTA

Q
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