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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 Alpha007on Jan 18, 2022 5:19pm
102 Views
Post# 34330490

RE:traderstock

RE:traderstockShort selling pressure was only a minor factor in the massive selloff, majority of it came from bad merger deals (Causing smaller company shareholders so have access to massive profits - Made post about this previously) and early/private investors selling off massive profits with strike prices probably at .10cents when this was trading near $45 and stupid evaluations with no earnings or revenue, but the evaluations were to make early/private investors rich.... that's just the world of private equity. Now to be fair.....the company does have a nice price to sale ratio now, but has horrible cost of goods and expenses so has negative earnings.
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