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 > There's a time for everything....

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Comment by CougerMilkon Sep 18, 2020 2:02pm

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Post# 31582318

RE:RE:RE:RE:RE:There's a time for everything....

Hexo's catching tailwind from buyers who are focused on technicals, who've been watching the 50 day moving average and the decreasing range and from those growth-investors that have done the DD and looking at the next 6-8 months (and comparing with the rest of the market). Neither are really moved by the news, except for buying opportunities. JMO, the price will go up when it goes up, not on the news.

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