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 moneydiggeron Oct 02, 2018 11:43am

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Post# 28729341

RE:Unfortunately

I totally agree Highlow! Party is over with Cannabis stocks. Fair value will be here soon which is not where we are at now. Max will be 20 times earnings ( I am being generous) which puts HEXO at a much lower price. Same deal for the rest of the sector. I was at my bank this week and my bank manager told me unreal how many trading account have been opened this year for people wanting to buy into pot stocks. He said most of these people never bought stocks before and all they wanted were pot stocks. This is alarming info and goes to show you its a craze. Once we find out the true profits of these companies, the SP price will come down considerably giving panic to these rookie investors. It will get very ugly! That is when I will get back in the sector. When the sector gets oversold and only the big and strong players remain. Not a time to get in now.

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