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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 ridingrocketson Oct 18, 2021 5:24pm
171 Views
Post# 34020077

Interesting stuff...

Interesting stuff...I decided to average down some. Why not. SSL going can't be a bad thing. Likely has been going on for more than a few weeks or whenever the initial letter was received. To have unannimous support at this point in the year with financials coming out. Who knows exactly how things are going to look but may not be all that pretty. How much worst can their sales be from last quarter? Kind of feel this stock has been hammered well beyond anything remotely reasonable. Locally Redecan continues to sell their products. Hexo hash seems to be more readily available now as well UP20 continues to sell. XMG continues to gain steam, per Trent 52% market share. Bev market won't be what wishes were built on but there is money to be made in that segment. The Benzinga conference with Trent speaking had a lot of good stuff in there. SSL is politely in over his head with the aquisitions and amalgamation if you ask me. Time to get someone in there who can take this beast and unlock its potential. Still long; fine with SSL gone.
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