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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

BLACKROCK Municipal Income TRUST > Was it blood in the street today?
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Comment by Headhunteron Oct 29, 2021 7:45pm
223 Views
Post# 34066607

RE:RE:RE:RE:Was it blood in the street today?

RE:RE:RE:RE:Was it blood in the street today?The stock lost only 12% today and we didn't see any real panic selling. If the attempt to drop the price beyond $1.79 would have succeeded than we would have seen blood in the streets. I agree the downside isn't over yet for this sector.
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