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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 Dec 10, 2020 2:11pm
157 Views
Post# 32078156

RE:Lots of positivity

RE:Lots of positivity
RainMan91 wrote: Great info Q! Appreciated

I'm a little surprised the volume is so low 


No real surprise in soft volume. We have 2 battles going on here. After the close and the AGM, the market will get confirmation of the R/S details, mostly baked into the price so no movement there. BUT WHAT IF THERE IS SOME UNEXPECTED DETAILS, that will drive the story on tomorrow's session along with the final hours for short players to cover if its believed Q1 results to be positive. As highlighted by "Q", if Hexo doesn't throw in more UNEXPECTED write downs, Mondays analyst call will be fun. After/pre-market could have record volumes if there is any kind of leak. Place your bets ladies and gentlemen. Remember, there is $$$ to be made regardless of the markets direction...that's WHY the markets work!! Best of luck. Cheers S7 I do expect positive results.
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