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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 dart321on May 25, 2023 12:12pm
65 Views
Post# 35463971

RE:The World Is Headed

RE:The World Is HeadedThe reason I post this is because the pot industry is a debt releated play, most pot companies have huge debts they are struggling to pay now. If they add substantial increases in interest rates, that's if they can find loans anywhere, they would never be able to service those debts. So If the republicans cause this we will likely see a subsatntial number of pot companies go out of business within a very short period of time. Loan losses from banks all over the world will be massive.
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