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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

Post by mrmomoon Oct 30, 2020 10:10am
88 Views
Post# 31812391

You guyz were warned.....

You guyz were warned.....Many times and had ample opportunities to exit in the last two years. So tought sh*t if you held on.....you deserve being totally wiped out. Aside from the obvious fact that this was totally overvalued, people seemed to have missed out on these other IMPORTANT factors. One, the hot money disappeared LONG ago and killed the sector financialy when it did. If people didn't see that red flag....tough. Two, this is Quebec based garbage.....what did you expect from a welfare state where over 2M folks are on Gov't assistance (to put it nicely) and this is PRE-CORONA! If you didn't see that red flag.....tough. Three, if you dummies didn't see the bellwhether companies like Weed, Tilray, Aurora & Aphira getting slammed, crushed and totally wrecked over the past year and STILL HELD ON here......then friends.....that's just too f'n bad. You deserve your faith.

I FULLY expect this to behave exactly like when Aurora did theirs....but 10X worse. Sell before nothing of your investment remains. LAST WARNING.

Good luck to all
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