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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 thediggeron Mar 27, 2017 9:49pm
364 Views
Post# 26038379

Competitors not taking anymore patients

Competitors not taking anymore patients
What I liked the most about what Sebastien said is the following:

"Some of our competitors are no longer taking patients, and Hydropothecary has its doors wide open. We have ample capacity to take on more patients, and that’s why we’re working on our next 250,000 square foot expansion now, because we want to make sure to be able to continue to take more patients".

That is so true.  With that problematic competitors are facing, THCX will get pretty much soon its full share of patients.  With only 10% of their patients coming from Quebec, I guess it is happening right now.  This company will probably grow faster then the others.  I also like the fact that he doesn't want to reveal the number of patients.  When he will, the market will probably be very surprised, especially competitors...
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