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BlackRock Virginia Municipal Bond Trust V.BHV


Primary Symbol: BHV

BlackRock Virginia Municipal Bond Trust (the Trust) is a closed-end management investment company. The Trust's investment objective is to provide current income exempt from regular United States federal income tax and Virginia personal income taxes. The Trust seeks to achieve its investment objectives by investing primarily in municipal bonds exempt from United States federal income taxes (except that the interest may be subject to the United States federal alternative minimum tax) and Virginia personal income taxes. The Trust invests, under normal market conditions, at least 80% of its managed assets in municipal bonds that are investment grade quality at the time of investment or, if unrated, determined to be of comparable quality at the time of investment by the Trust's investment adviser. The Trust may invest directly in such securities or synthetically through the use of derivatives. The Trust's investment adviser is BlackRock Advisors, LLC.


NYSE:BHV - Post by User

Comment by misnaon Sep 16, 2013 8:42am
347 Views
Post# 21741906

RE:Great results??

RE:Great results??
The market is just horrendous right now. I think it's as simple as that, and unfortunate.  On the other side of this we ought to come out pretty well as this will be one of the few juniors with a large, economic deposit.  Also deals with two majors.  But in the meantime it's definitely pretty frustrating and they'll have to plan the next few months conservatively unless the market wakes up. Either way over a little time this will be fine, and the project is a winner.
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