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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. 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.


NYSE:BFK - Post by User

Post by mrshelving1024on Jan 24, 2019 8:30pm
138 Views
Post# 29278890

I personally take comfort knowing....

I personally take comfort knowing....that SSL and the board did not pull the equity raise trigger and try to fill the entire shelf prospectus as listed in one shot.  SSL knows much more than you and me...when it comes to equity raise...he knows what he is doing.  I believe SSL and Miron, who’s pitched came in Toronto have an aggregate total in the area of $500M plus.   This tells me that they have confidence that HEXO will tap the markets if and when it will be beneficial to HEXO and its shareholders.....i.e. when Hexo’s share price is as high as possible when needed.
Thtats my gut feeling.
Lets wait and see how things progress month to month.
Goodd luck to all, nice to see some civil discussion....at times.
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