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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

Comment by quinlashon Jul 09, 2020 10:25am
110 Views
Post# 31244886

RE:Even this great news....

RE:Even this great news....The market will set the price, be patient.  Take comfort that you still have some great buying opportunity with the stock based on the price to sales ratio for the stock. 

Based on sales (which has yet to account for the 1/2 ton of unexpected product sales) is $3.87

Price to Sales Ratio -> From Bloomberg
https://www.bloomberg.com/quote/HEXO:CN


Q


LetsGoBaby65 wrote: ... can't propel this POS!

At some point was over 25% in GREEN in Pre-Market trading and we're not even close.... could even end up in red yet again!


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