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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 Naiveinvestoron Dec 30, 2021 9:15am
88 Views
Post# 34270295

RE:RE:Prediction....

RE:RE:Prediction....Like I said in my initial post; I really do hope that I'm wrong and Hexo does turn it around. I don't want to see anyone lose money but I'm very concerned that Hexo is in a dire situation currently. If there is a turnaround and their financials look sustainable, I will buy back in. 

For whatever it's worth; I took a major loss and my average share price was well over $7.00 when I locked in the loss at $1.60. 
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