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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 pdcon1on Dec 30, 2021 9:25am
96 Views
Post# 34270324

RE:Prediction....

RE:Prediction....your glass of hexo is  half empty  mine is half full .  There are to many large investment firms invested in hexo to let it fail.  Their cash flow is great  and they have a plan and by next year should be cash poaitive to pay off some debt by 2023 when it is due.  Right now they will drive hexo to the point of 50 cents  then buy all they can for the next leg up  to over 2 dollars  by january, The climb up will depend on financials going forward  that could easily surpass 6 dollars in 3 months. Waiting for 50 cents per share then doubling up shares held . Patience  january will allow increases  to ones tfsa accounts and is a good entry point .  good luck longs  remember  no pain  no gain in markets  
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