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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 ArnoldLayneon Dec 30, 2020 9:36am
97 Views
Post# 32196165

RE:Down more than 6% today

RE:Down more than 6% todayToo many friggen shares out ? Float is now 4 times less than it was pre-roll back. As for the shorters, they need to cover one day or the other and for that, impatient longs feed them... Up we go here, 2021 will be awesome for Hexo shareholders. Glta
VeritasVern wrote: To a pre-converted price of $1.22. shorts are loving this as in most cases a reverse split results in downward price movement because - they have too many friggen shares out and the share price has been reduced it to a penny stock with little upward movement. Without any SUBSTANTIAL news this contines to trend down because next earning are 3 months away. Who was the bozo saying shorts are scared and having a meeting last week??


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