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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.


NYSE:BFK - Post by User

Post by trader53on Aug 22, 2021 1:33pm
143 Views
Post# 33746263

Nortel a different beast? Really?

Nortel a different beast? Really?Please take a look at the latest 50 Companies that collapsed and never returned. Look it I am not saying Hexo will join this group but I am saying if this possibility is not included in your risk model you are making a huge mistake. Many investors have been averaging down from the $11.00 range and I read post after post pushing this strategy. Go back and look at the $7.00 range then read the posts screaming this SP of $7.00 is a once in a lifetime opportunity. The market story behind Nortels collapse was not about the original investors it was about the Guru's screaming average down because the market is wrong! It seems to me I am hearing those same words. Another dilution event is coming soon all one has to do is visit the math. The only way this dilution event will be avoided is if the redcan deal collapses. I really do hope I am wrong for the sake of those that have been trapped into huge losses. GLTA
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