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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

BLACKROCK Municipal Income TRUST > Reasonable results...moving in the right direction
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Comment by Spectra7on Dec 14, 2020 10:34am
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Post# 32099180

RE:RE:Reasonable results...moving in the right direction

RE:RE:Reasonable results...moving in the right direction
ArnoldLayne wrote: Shorters must always buy back ! Is there enough out there for sale ? North we go :) GLTA
Spectra7 wrote:
short term price pressure and continued short attack as Hexo finalizes the R/S details. NOW, ....will Hexo start the N/R machine???...If no, the price goes sub $1.00 before split. Jmho. Cheers S7




Arnold....the short answer is YES, check the shares outstanding. Market players play the market...$$$ made with any price movement...there will ALWAYS be enough paper available to play the short card IF that is your strategy. Expect red on the finish today. Cheers S7
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