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 Mining_Dudeon Jul 19, 2018 1:51pm

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Post# 28339886

RE:Valuation Model Released - MJ SECTOR

While this is an interesting "good to know", funded capacity comps are less relevent now that so much capacity is only and the market is looking at your product suite and ability to sell product (ie. supply deal).

By these metrics Canopy looks expensive but when you factor in the sheer bredth of its supply deals and what I would describe as a leaps and bounds head start on value-added products (coming legally online in about a year) that valuation starts to make sense.