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.

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BLACKROCK Municipal Income TRUST

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Comment by Bluechip2on Apr 06, 2018 7:52am

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Post# 27841182

RE:RE:RE:Re:Dear Hydro...this is up for discussion..

Option 3, sit tight, weather the storm. Current acquistion costs are too high, reference ACB/CMED and APH/NUU. Perhaps near legalization or 3rd quarter the landscape will be clearer. Money is king right now, if THCX spends it and something unpredictable happens, such as delayed legalization, then there could be trouble without the reserves. There are going to be a number of desperate companies without enough revenue to survive long term, these guys will be on the cheap. Very unlikely there will be any '3 baggers' until the US changes its federal laws and the big pharma, tobacco, alcohol, banks come calling. These are the only ones who could afford the high acquisition costs. Canopy could afford THCX, but is now clearly developing distribution agreements with suppliers going forward as their strategy seems to be the largest drug dealer on the planet....

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