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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 Giocatoreion Sep 30, 2020 3:18pm
112 Views
Post# 31643292

RE:RE:Why such low volume?

RE:RE:Why such low volume? Short interest wants to cover but can't pry the shares from the little guy at a reasonable price except for small numbers. If they try to cover larger numbers the share price will sky rocket. Just a little bit of good news is all we need! One of the government agencies to comment on how they can't keep the Hexo products on the shelf, or Truss commenting on how they are producing flat out and just can't supply all the stores. Or, Hexo announcing that they are going blow past all estimates and are going to break even for the quarter! Wishful thinking!!! Maybe! We will have to wait and see!
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