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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

BLACKROCK Municipal Income TRUST > Pertaining to any cannabis sectors
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Comment by Rututuon Jan 24, 2020 10:22am
62 Views
Post# 30593951

RE:Pertaining to any cannabis sectors

RE:Pertaining to any cannabis sectorsThis is one point I can agree with you on. Delisting from US stock exachanges is not the end of the world. All MJs that listed on NYSE got smacked round badly. Despite the increased exposure and liquidity that the companies seek, it also exposed many MJs to high level manipulation. I would wager that if pot stocks stayed on the TSE only, they would have higher prices today. More money for fewer exchanges. Americans can always by off the TSX...BOOM!
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