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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 Nov 24, 2021 4:09pm
162 Views
Post# 34163027

less than 3 weeks to go for Q1

less than 3 weeks to go for Q1
Recent ThomsonReuters Refinitiv report had 11 analyst provide their recommendations: 1 buy 7 hold 2 sell 1 strong sell - 10 analysts opted to provide a 12 month price target - The median is at the $3.55? marker with the low being $1.00 - Our projected sales figures from the analysts range from appx 189m to the 290m marker if I recall correctly. If we hit 60m next Q that puts us right in the middle with 2 months of Redecan. How much does that bump this stock? .50? .75? Who knows? The volatility that exists in the sector could do more or very little. Looking forward to next Q....
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