Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 flyboy27on Sep 18, 2019 8:43am
142 Views
Post# 30139052

RE:What good is it to earn $400 million per year if it costs $5

RE:What good is it to earn $400 million per year if it costs $5
Raymmond wrote:
What good is it to earn $400 million per year if it costs $500 million to earn it? For those that study financials, this is the exact boat ACB and CGC are in and one can surmise that it will stay afloat only as long as more money flows in than flows out. As long as expense exceeds revenue, - equity, debenture or loan financing will be required to make up the shortfall. When this stops or financial risks outweigh benefits, the boat sinks. Also watching the small cap sector for a swing trade.
 
---Ray, The mechanics are not the same for all LPs.
Some compaies (Hexo specificaly) have many advantages. do more DD and you will find the real truth...

Bullboard Posts