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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 TNTHOMon Dec 04, 2018 11:16am
68 Views
Post# 29061002

RE:RE:RE:Tobacco Companies want a piece of the Cannabis Pie!

RE:RE:RE:Tobacco Companies want a piece of the Cannabis Pie!TTD....I’m not so sure big tobacco is not already here.  Look at PEI’s entire cannabis in province industry at least 80% owned by what was Alliance One Internl. As well they bought at least 10% of an Ontario producer . These acquisitions were very much under the radar even to their own shareholders in North Carolina..calling them diversification into unique agricultural opportunities,and the like. You really have to dig to find the word cannabis in their annual report. This is a 145 year old tobacco leaf broker and processor, worldwide who in the last couple of months have changed their name to PYXUS...(pyx), stock used to be (AOI), their new website now makes them look like this amazing 145 year old  agricultural co. Hardly mentioning tobacco but now just announcing a new joint venture into a massive industrial hemp operation aimed not at rope fibre and such but at the CBD’s for medical mj market. IMHO this is where the big push will be for the medical market ....huge tobacco co. Owned fields of high cbd producing industrial hemp. So long story short they are already here. But they are well experienced in throwing up “smoke screens”....GLTA.
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