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Jon Najarian Likes Blackrock Municipal Income Trust

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On CNBC's Fast Money Halftime Report, Jon Najarian suggested that investors should consider a long position in Blackrock Municipal Income Trust (NYSE: BFK).

He explained that it has only $600 million of assets under management, but he likes its steady performance. Blackrock Municipal Income Trust returns 6.2 percent. For investors who want to invest in a larger fund, Najarian recommends Nuveen Municipal Value Fund Inc (NYSE: NUV), which has $2 billion under management and a 3.9 percent dividend yield.

 

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Posted-In: CNBC Fast Money Halftime Report Jon Najarian Fast MoneyMedia