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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 quinlashon Mar 25, 2022 9:02am
73 Views
Post# 34544591

Good Morning + Partial Trades

Good Morning + Partial TradesGood Morning Longs

Just looking over pre-market, we hit a high of .90 USD / apx $1.12 CDN, looks like the market is moving into Cannabis again on speculation of the Senate Vote next week.  If you are a considering exiting today but you are unsure I would suggest you consider only doing a partial trade of your position rather than all your shares at once, especially if you are in the money already.

Consider this, if you hit your double today you could consider selling only 50% of your shares to extract all your cash while leaving yourself half your shares with a Dollar Cost Average of Zero so you have no risk but would still have shares in play.  Just a suggestion but I hope it helps someone out there.

GLTA

Q
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