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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 Greenshooeson Jun 18, 2021 8:33am
127 Views
Post# 33410125

Regarding U.S. Legalization

Regarding U.S. Legalization I’ve been checking into it and the politics suggest that a majority of states meaning more than 25 states need to be fully legalized for full legalization to pass. Currently there are 16 states in the U.S. that are fully legalized towards cannabis. Professional opinion has suggested 2022 for full legalization in the U.S.
Biden midterm elections are on November 8, 2022.
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