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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 quinlashon Dec 17, 2022 1:42pm
189 Views
Post# 35177744

Why I avoid US MSOs

Why I avoid US MSOsThey are sitting on cash... literally CASH.. one good heist and their cash is GONE.  Until SAFE banking is in place US MSOs will remain as a target for armed robberies etc

They are mostly restricted to the US Market with little option for overseas expansion.  This again ties back to banking restrictions IMHO

Most are not trading on exchanges that have strong reporting requirements, this makes getting research done more difficult and until they are uplisted to NYSE or NASDAQ and produce a QTR report I am unable to do any sort of a deep dive I would trust.  

Not saying it isn't worthwhile to put a small amount on some of these plays however I am personnally opting to stay with the Canadian LPs that have been around longer and have international and US expansion options at their disposal.


jmho

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