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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

Comment by Keeleron Oct 30, 2021 8:16am
131 Views
Post# 34067403

RE:Cost

RE:CostReachme - (10/29/2021 11:11:45 PM)
Cost
My cost is around $5.5 with 16000 shares I will try to get a credit line next week for about $20000 to average down if it's possible...


awww, poor little pumptard.
First, I doubt if anyone believes you own 16,000 shares - 1,600 maybe, 160 probably.
But a little math trick for you - if you are actually stupid enough to do the above, which you probably are, your loss situation after 'averaging down' would go from bring down $59,000 to being down $58,000.
So reacharound, you go ahead and get that credit line.
hahahahaha
You have zero credibility, you moron pumper
go Hexo go
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