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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Post by JaxTelleron Oct 19, 2018 2:30pm

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Post# 28837091

HEXO thoughts

This is a retail driven stock as with many of the LP's.

Retail shareholders are emotional, nothing new. Buying high and selling low.

However, This company has actual Moat.

1) Molson JV
2) International Expansion plans
3) US listing
4) Cash on hand, no debt
5) half the EV/EBITDA valuation Vs Peers

This company will be taken out.

I beleive the last few days of trading has been people cashing in on the climax.

But this company has so many things going for it.

Before you say it's a bloodbath, please keep in mind it's up 87% YTD

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