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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. 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’s investment policies provide that the Fund 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 (except that the interest may be includable in taxable income for purposes of the federal alternative minimum tax). Its investment adviser is BlackRock Advisors, LLC.


NYSE:BFK - Post by User

Comment by gbengaon Nov 02, 2018 11:38am
46 Views
Post# 28914619

RE:RE:RE:RE:MEXICO COULD ENTER IN THE MARKET... carefull...

RE:RE:RE:RE:MEXICO COULD ENTER IN THE MARKET... carefull..."On the face of it, that might sound like good news to North American companies that are jumping into the market with the drug now legal on a federal level in Canada and in nine U.S. states.

They probably shouldn’t get their hopes up too high about Mexico, though. The court decision doesn’t permit commercial sales, and the government can still regulate how people use it. What’s more, the decisions don’t actually change laws that forbid its use, instead only establishing that anyone charged with usage should be able to get the case dismissed.

Mexican authorities rarely pursue individuals for pot use (notwithstanding the occasional spring-breaker shakedown), instead focusing their attention on bigger fish -- specifically the country’s notorious drug gangs. On paper, the rulings may seem like a victory for marijuana legalization. But not much has changed in practice."

https://www.bnnbloomberg.ca/mexico-edges-closer-to-legalizing-marijuana-use-but-not-sales-1.1161865

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