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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 Partwaythereon Jul 25, 2019 11:36am
221 Views
Post# 29959359

RE:Undervalued HEXO MC is $1.4B vs ACB @ $9 B

RE:Undervalued HEXO MC is $1.4B vs ACB @ $9 BThe problem is the 400M pump by the CEO; then the brutal last Qtr results. The market is not buying the pump of 400M in annual revenues, especially after last Qtr. You don't go from 12M to 100M in 4 Qrt'ers. Even Canopy and ACB cannot do that. Don't get me wrong, I fell for the CEO's pump too. 5-10 yrs before Hexo is hitting 100M per Qtr; NOT 2020.
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