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 > Stock went to $13 ,then slid to$8

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Comment by ArnoldLayneon Jul 23, 2021 10:22am

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Post# 33595706

RE:Stock went to $13 ,then slid to$8

It was a 4:1 not a 1:4...and that doesnt change one's average. How can it ? Your calculation is wrong. Best play in cannabis here. This will rebound hard and high, dry powder ready ?

1moretime wrote: and then the 1 for 4 R/S which will take a lot to recover. For the holders they need 4 times the share price to recover or from that moment too today $32.00 a share to breakeven. Not happening anytime soon. The lobbyists need to sweeten the pot. No pun intended.

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