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 Bigbaboonon Jan 09, 2019 9:55am

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Post# 29205268

RE:RE:RE:RE:RE:Aurora vs Hexo

I don’t know the details, but my understanding was in line with yours, i.e. exp increase was due to non recurring events

Sn0wwolf wrote: Correct me if Im wrong but the huge expense last Q was related to the NeverJAded tour and promotions. THat is over and marketing cost have come down to comply with post )ct 17 regulations. SO Yes operating expenses will be higher, but inline with a much larger facility, and so will slaries and beenfits due to the increases in staff. Im not going to try to explain ACB's missing theior target, but I dont see HEXO having the large marketing costs again.
All in MHO

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