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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 quinlashon Apr 01, 2020 11:40am
58 Views
Post# 30868380

RE:April 1, 2020 a day to remember

RE:April 1, 2020 a day to rememberManagement is working hard to reduce expenses while expanding the sale of Org Stash to all provinces. They are also working to defend the company from un-necessary expenses such as the contract with MediPhram.

The company has been deemed an essential service during the virus scare so they are working to ensure employee safety while continuing to supply both medical and rec products to customer who need / want them.  Sales during the scare have increased substantially (read the transcript...)

With HEXO deemed as an essential service it is possible that their odds of recieving federal assistance may have increased.

Q


INVINCE wrote: Hexo Corp Cruise ship running out of diesil fuel. It doesn't matter at this time what Hexo's SP goes to whether it be 92 cents 2.00 dollars or even  48 cents etc. Any big guy could sell or buy and make the SP move up or down regardless of what's actually going on with Hexos problems. What matters at this very moment forget the big guy think of what Hexo Corp is doing at this very moment. Who there talking to. What moves are they making to save this company. Who's going to pay the bills. What other incoming problems are laying around the corner that we dont know of etc. This is no longer a dream CEO at Hexo Corp. I think you owe the shareholders the truth no one wants to lose all their money when you being in charge control their fate.


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