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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 Spectra7on Oct 30, 2020 10:32am
74 Views
Post# 31812566

RE:hanging in there

RE:hanging in there
Fastv....if you or anyone else interprets this Q's results as " positive, promising " then good luck with your investments. Hopefully you are NOT giving advice to other family members!!! Your statement that " shorters will be a thing of the past in December " only supports your misunderstanding of the market. YES, the reduced # of shares will have a MINOR impact on the availability, but don't kid yourself....the R/S has now raised another red flag to investors that prefer to place negative bets. Shorting % activities will only increase. The only change in direction will be IF the company can become profitable. Next NR after the confirmation of the R/S will be the continuation of the companies need to raise capital....issue more shares, dilute shareholder value even more. Better known as RINSE & REPEAT. Cheers S7
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