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 > Bag holding at $7.04,,,, no retirement here.

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Comment by quinlashon Oct 05, 2020 2:01pm

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Post# 31667651

RE:RE:RE:Bag holding at $7.04,,,, no retirement here.

The C-19 scare etc has caused a great deal of fallout in the markets however companies survive and go on to make great gains. Even in the Great Depression there were companies that took hard hits and then came back to make investors very rich. Those who were forced to sell during those times were the biggest losers, those who could ride it out came out ahead as well. Those who were fortunate enough to have the ability to average down on the lows did even better.

The biggest winners were the guys with the cash on hand to hit the best stocks they seen as coming out as winners while they were cheap as dirt.

It's up to you if you sell at a loss or take up a new position during this unique time in history and the stockmarket.

GL with your investing

Q

Jefe127 wrote: I think it could be well above $2.00 by the Q1 report in December 2020 - JMO

CougerMilk wrote: Cold comfort that Vern's been holding a bag of Hexo short positions since $.50. Both down about 78%. But, it could be a lot worse, if Hexo goes back up to $2 in next several months.