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.

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BLACKROCK Municipal Income TRUST > Ouch!

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Comment by VeritasVernon May 19, 2021 10:40am

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Post# 33229609

RE:RE:RE:RE:RE:Ouch!

Touran77 wrote:

Theendgame wrote:
Far questions being asked. Why are we being hit harder than other LPs.

we have taken more of a hit over these past days. Just hard to watch a stock that has all sorts of headwinds (acb) out performing Hexo.

We were performing a lot better than most LPs in the last 2 weeks, my guess is this is why we are pulling more in the last 2 days.
A good comparison is to compare with other LPs since high seen in February.

I thought Hexo was now the leader in up days what happened to that very short term idea? lol. Perhaps they need another news release like more share offerings and buying up more unprofitable companies? Wait - they did that and the price went south. Below $7 could trigger some stop losses so this could decline significantly from here. GLTUA

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