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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 Spectra7on Dec 21, 2022 1:46pm
143 Views
Post# 35185171

RE:A Simple Fact

RE:A Simple Fact
dart321 wrote: Maybe everyone should look at the reasons this company is where it's at. Then look at the reasons why it rolled back, then do your research on past companies that where saddled with the same issues and what do you find? I will give you all a hint, most go under rather quickly for this point. So I suggest all do your research because you are not going to like what you find. Been at this game over 50 years and I can say from years of investing the game is likely up here. The numbers say 96.23% of the time they go under. I wish the best to all here, I looked at it for a future investment, risk was to high. 

well said dart321, basic due diligence...might I add the only other basic investment ingredient missing from many that continue to hold Hexo is common sence. 
Married to an investment without the ability to mitigate losses and move on.
Imho, the well known past is the best predictor of its future.
S7
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