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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

Comment by Bigbaboonon Jan 25, 2019 9:13am
144 Views
Post# 29280082

RE:RE:RE:Great news stronger company even sooner.

RE:RE:RE:Great news stronger company even sooner.Hi meister, all $ are canadian currency. On dec 27, SP sank to 4.26 CAD. At 6.5, we are talking around 50%+.

and let’s not forget that the last bought deal (feb 2018?) was priced at 4CAD$. More then 50% upside in one year. And bashers and shorters struggle to make credible complaints. So far Hexo is the best investment I’ve made so far. Cheers to those who hold on!


bmeister2 wrote:
My understanding,Big, is this will be in Canadian dollars at $6.50. That 4 ish was the U.S.dollar a few days ago. I sure wish that was American dollars at 6.50. Lol None-the-less, I like where the money is going to be spent and that will pay dividends long term. We need outside Canada exposure if Hexo is to compete with the top mj companies.


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