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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

Post by trader53on Dec 01, 2021 4:17pm
188 Views
Post# 34187046

Auditors comments..

Auditors comments..Since the release of the Auditors comments it has been a downhill slide for Hexo. A few weeks ago I dismissed the idea of a bankruptcy restructuring but today it seems very plausable. A restructuring would  include an equity raise and a very harsh rollback. The equity raise would adress the need for cash short term and the rollback would allow Hexo to maintain its US listing. If the SPX decides its time for a correction the Canadian MJ Sector will go into a freefall at best or a severe crash. The words up in smoke will be referring to the burning of dollars not product. 
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