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. 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’s investment policies provide that the Fund 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 (except that the interest may be includable in taxable income for purposes of the federal alternative minimum tax). Its investment adviser is BlackRock Advisors, LLC.

NYSE:BFK - Post by User

BLACKROCK Municipal Income TRUST > How low will it go?

<< Previous

Bullboard Posts

Next >>

Comment by quinlashon May 19, 2021 10:04am

47 Views

Post# 33229301

RE:RE:How low will it go?

52 week low is close to $3, what exactly did we get for news to justify a pullback close to the 52 week low ? -->> NADA. It's just a down day for the sector, buying oppt for those who want to average down, cover day for those who went short at the higher prices.

ArnoldLayne wrote: You mean another 50% from recent high ? That is bold. 400M$ market cap for Hexo... Wouldnt it be a fantastic buying op ? I highly doubt it goes there. Chances are we see 25+ before year end... But who knows ?

Salvatore wrote: are we dropping back to 3.00?