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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

Comment by quinlashon Mar 20, 2023 1:00pm
66 Views
Post# 35349198

RE:Last Q2 2023 ER

RE:Last Q2 2023 ERHEXO did clean-up on the products being sold over the last year and noted that lower margin products would be dropped from their offerings.  This is a good thing however it would result in some lower overall top line numbers in the following QTR reports. 

Margins are now coming in higher with latest being 45%.  I am sure everyone has their own view on what a good margin number looks like however I have always liked 40+ percent on product-based sales.

The Entourage and T 2.0 partnerships are starting to produce revenue for the company and going forward I am sure both Entourage and Tyson will be aiming to sell as much product as possible which would be to HEXO's benefit.

Happy enough to ride out the current dip, might add later on....  after I have a sandwich :P




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