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 Pinotblancon Mar 14, 2019 11:17am

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Post# 29485328

RE:HIP Better HEXO Entry Point This Morning (HEXO = $7.84)

quinlash wrote: With the HIP to HEXO Conversion of .06322 buyers are better off buying HIP shares right now. Essentially you would be buying HEXO @ $7.84 by buying HIP at $.50 then waiting for the buyout / merger to go through.

Anyhow... food for thought.

GLTA

This price is based on what? I would like to see your calculation.

We don't know what will be the Hexo price when the deal is done. Take Hexo at $8.00 multiply it by .06332 =.50656. How do you come with $7.84????
This is why this is a fooking nice low premium deal.