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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

BLACKROCK Municipal Income TRUST > Next quarter results who cares right Sebastien. SP a Bargain
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Comment by quinlashon Feb 26, 2020 11:12am
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Post# 30735565

RE:RE:RE:Next quarter results who cares right Sebastien. SP a Bargain

RE:RE:RE:Next quarter results who cares right Sebastien. SP a BargainHate to burst your bubble there Snowolf but I'm pretty sure I read that Canapy received HC approval.  Haven't seen anything to indicate HEXO has but I'm sure it's coming.

You would be right (IMO) to say that there has been no big rollout yet / official launches but, again, I am sure that is coming (I turfed my crystal ball... *lol*)

SP didn't hold the $1.80+ level that I had hoped it would but the 52 week low looks pretty solid.  We will likely see the whole up/down cycle go on for awhile as daytraders grab cheap shares and shorters run their usual routine.

QTR report mid March, we will see if the market is bullish or bearish on the results in the coming days / weeks with the SP either ramping up or more or less staying within the same range as it has for the last while.

All the best

Q


snowwolf wrote:
Once again, people talking about the failure to sell beverages.... UNDERSTAND NO LP IN CANADA HAS RECEIVED APPROVAL FROM HEALTH CANADA YET TO SELL BEVERAGES.. its coming.


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