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.

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BLACKROCK Municipal Income TRUST > Disappointing numbers for REDECAN

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Comment by ArnoldLayneon Jul 14, 2021 1:23pm

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Post# 33542964

RE:RE:Disappointing numbers for REDECAN

You guys might want to calculate again. I see near 100% revenu UP year over year for F21... Not decreasing revenu.

Select55 wrote: and now we know why Redecan sold out the morons that run Hexo ;;;;
Zaybure wrote:

Income from operations of $8.3M and net earnings of $6.9M in Q1 F21.

Income from operations of $16.7M and net earnings of $11.6 million in F20.

Decreasing income is not what investors want to hear. Though today the whole mj sector is down, Hexo will have to wait to see better days. Perhaps by EOY, we will get better ER. and the SP will regain its lost ground. GLTA.