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 > Nice Bounce of the Low

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Comment by quinlashon Apr 16, 2020 9:18am

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Post# 30915569

RE:Nice Bounce of the Low

Volume was high and we closed out higher, encouraging. Long term investors looking to come in will be looking over the 30 day chart and may consider the .67 to .75 range to take positions. Where the sp goes will depend on how many come in and at what price existing investors are willing to give up their shares for. Market sets the price so we'll just have to see where it goes. GLTA Q