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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 Hobbie4on Mar 25, 2019 10:33am
58 Views
Post# 29531228

RE:RE:Question regarding TRUSS

RE:RE:Question regarding TRUSSThanks Spectra7, I didn't find anything (beside the news regarding TRUSS) but it was just a question that poped up yesterday in my head. I hold HEXO since July 2017 (when it was THCX). So it was just a question to see if some people could develop more regarding this 3rd compagny. What came in my mind was that they could make TRUSS a total independant compagny and start to put it in the stock market and we would have to buy shares from it. But if they can do that (I am not an expert, so don't know if this scenario is possible and legal) we would be the big loosers because we invested (as a share holders) a fair amount and we could loose this investment. I don't know if you understand my point of view and if my worries makes sense. 
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