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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

BLACKROCK Municipal Income TRUST > Shall we see a Buck Today??? More Likely..
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•••
Comment by quinlashon May 28, 2020 10:59am
74 Views
Post# 31082690

RE:RE:RE:Shall we see a Buck Today??? More Likely..

RE:RE:RE:Shall we see a Buck Today??? More Likely..When compared to the Share price change in Canopy and ACB, HEXO is still trading at a discount in the sector, direction is correct however so that's encouraging.

Spareprice on any given minute, hour, day, week, month etc will be set based on the number of traders buying through regular investment accounts and those taking them out through margin accounts, how big the trades are, and what the market gives us for news.

The Market is at Work..... 

Q


JTDOUBLE wrote:
Hold tight here ...definitely a Buy as sentiments are positive in the sector..

The sector have reach bottom here ..

With Safe Bank ACT attached to Covid stimulus in US worth 3 trillions if no revision in senate what the congress have passed , the sector will have a bullish run again..

The question is are you already positions for these Run?? if this stimulus get passed?? 

Time will tell , SP is moving positive ..I have already back up the TRuck Here ...ready to ride this momentum!!!


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