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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 Brento1on Jan 27, 2018 10:08pm
188 Views
Post# 27448577

RE:RE:It's on Sedar : 2 importants notifications

RE:RE:It's on Sedar : 2 importants notificationsThere was another interesting piece of information on pg 13 of the document that I never heard anything about that could be an interesting retail business model for LPs to have direct retail distribution without the full build out cost of solo retail operations in various provinces. 

"The Company is one of a number of licensed producers to recently propose a Cannabis Co-operative to various provincial governments. If the members of a Cannabis Co-operative are selected by provincial government(s) as the retail distribution points for cannabis, in their repective provinces, it is anticipated the Company will need to contribute capital to such Cannabis Co-operative as part of the project."



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