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.

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BLACKROCK Municipal Income TRUST > Hexo closes at .395 cents---another 8% drop.

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Post by Ghostinthedarkon May 09, 2022 4:03pm

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Post# 34668295

Hexo closes at .395 cents---another 8% drop.

You saw another lower high on the day and lower low. Since the stock closed at the low, expect HeXO to tank lower tomorrow. HEXO tanked over 8% today. And if the S&P500 drops lower---and there is no reason to believe it won't, you can fullly expect HeXO to test .30 cents. HEXO is a case study on how NOT to become a "BAG and HOLDER." Guys sitting on the sidelines, holding 500 to 1,000 shares say, "the stock will turn around." YOU WILL NOT GET YOUR MONEY back for YeARS--maybe NeVER>

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