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 > What the fukk is wrong with this stock???

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Comment by FXtheknobon Jun 12, 2020 1:16pm

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Post# 31144135

RE:What the fukk is wrong with this stock???

LetsGoBaby65 wrote: Great, great news yesterday and today, markets rebounded very early and yet, not even close to the 1.73 we got BEFORE we got the great news?????

The news was not great, still losing money, the smart money has been exiting since tuesday. The stock volume will begin to decline in addition to price. Expect between $0.90 - $1.10 within two months. that's likely the reality, JMHO

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