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 > Sales are up.....

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Comment by quinlashon Apr 24, 2020 9:05am

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Post# 30948512

RE:Sales are up.....

30 Mil could be light actually. If you take the QTR report period and look at how it overlaps with the panic buying of the virus then consider organic growth in sales plus a percentage increase in sales due to the virus you can break 30 mil.

The percentage increase in sales from the virus would have to be a swag but we have seen reports of alchole sales surging by +200% and Ontario reported online cannabis sales surging as much as 600%. The increase in sales seen by HEXO is likely in between those numbers for the months that overlap the panic buying period.

Hexo indicated that original stash will also be rolled out in western provinces where the vast majority of stores are located. This will likely result in some amount of incremental sales as well which will add to the organic sales number.

If HEXO launches infused drinks for Canada and the US here soon this too will add some amount of sales for next qtr report.

Do the math.

Q