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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 Jul 09, 2021 5:24am
133 Views
Post# 33520017

Economy reopening

Economy reopeningCannabis LPs need it if anything. Valuations are not the major concern imo. Sales and survival is...there can be excuse after excuse from the CEO but if he doesn’t improve sales, the CEO will be forced to sell and there goes the Hexo investment. If Canadian LPs have to count on the U.S for business, that’s a poor business model. Hexo management team will be tested in the next 24 months and we see if we have good management or poor management. The U.S or counting on the U.S legalization in the next two years is a toss of a coin. Very hard to say at this time. Hexo has top share in cannabis space, what could go wrong right? Zenabis has warrants for $118 by 4/2022
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