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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

BLACKROCK Municipal Income TRUST > The Dirty 30's...
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Post by quinlashon Jun 14, 2022 10:55am
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Post# 34755016

The Dirty 30's...

The Dirty 30's...Imagine those who were fortune enough to have money on-hand when the markets sold off in the 1930's and were able to scoop shares up in companies they seen as having a good future.  Years later those same shares likely made those families very wealthy.  Those shares would have been bought from sellers taking steep losses...  Key point being a Long Hold Time, not just a few weeks or months.

One Man's Misery is another Man's Fortune....  never more true then when it is applied to the StockMarket.

Q

- Remaining Long on HEXO
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