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 > Clearing Stop-Losses

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Post by quinlashon Jun 11, 2021 9:20am

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Post# 33371200

Clearing Stop-Losses

I am opting not to run stop-losses today... well frankly I never use them actually... I just monitor and set price alerts, but regardless. If we have any Zena shareholders opting to dump their shares today we may see the SP drop hard before recovering, I personally would not want to see my shares auto-sell just to watch the price recover again going into the QTR report.

If you are looking to average down you may be able to get shares cheap on open, just set a buy super low, some price you would be happy with regardless if it fills or not.

DYODD / JMHO

Q

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