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 > Need a reversal of this downtrend

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Comment by Jimmy713on Aug 13, 2021 9:06am

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Post# 33699819

RE:RE:Need a reversal of this downtrend

As I said before we have a fine management, and hope you remember: no need to play the blame game each time the SP declines.

In few short months, the dots will connect and our dear investment will pan out.

Jimmy713 wrote:

The entire sector with no exception tanked, NOT Hexo specific!!

Long shareholders are confident enough, we are happy that management doing what they are already doing!!!!

If you are in swing trading, you are feeling more pain; Investors in Hexo should have known that this position needs up to 9 months from today, known fact since Feb 2021.

With or without US legislation, Hexo will be strong in the US by January 2022. We are looking at an easy $20 a share.

Good luck

Mukulu20 wrote: This stock has been on sustained downtrend. There needs to be an effort by the company to instill confidence in shareholders before the negativity further depresses the share price. Going forward the company's prospect looks strong when legalisation legalisation eventually passed in US.