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 > Smells

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Comment by baranjaon Dec 22, 2022 1:18pm

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Post# 35187523

RE:RE:RE:RE:Smells

The looses are total here. From $600 dollars in 2019 to 1.39 is mind boggling.

Skater wrote: They (current mgmt) are doing the best they can with the mess they were left with...could someone else do better? Maybe, maybe not. At the end of the day, Hexo has a structural problem and may not make it. They may succeed, they not. In my opinion, the most likley outcome is Tilray will enforce on their security when Hexo defaults on the debt. Shareholders will get nothing. Most long term are down to a fraction of what they invested anyway. Just my opinion, but I would cut your losses and get out.

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