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 > 2 week cumulative results

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Comment by CougerMilkon Oct 02, 2020 4:05pm

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Post# 31659287

RE:2 week cumulative results

Ya, it's a surprise to me. I thought the market would want to move through/above the moving averages and over $1.10 instead retracing this trading range between .85-$1.05. But, the sector was pulled down by CV19 resurgence/market fall and by ACB's report in addition to some short term traders rebalancing. Hexo's SP was sensitive. Not sure your bashing had any effect. I ended up adding to my position, though not this cheap.

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