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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 Quietinvestoron Jun 26, 2020 10:12am
93 Views
Post# 31194752

RE:HEXO: Checking all the Boxes

RE:HEXO: Checking all the BoxesSome of these points are valid while others are debatable e.g. yes HEXO is working on establishing a facility in Greece with HEXOMED, a JV with HEXO not a solely owned venture. Next, they are in the process of attempting to find a facility location to build. Given the current situation with COVID and the need for financing,  it will probably be ready to ship product in late 21, if that. Again, it's all about the detail and timing. To say HEXO is in Europe is true but it is a wild generalization and exaggeration when it comes to the detail of what is actually true.

Be honest in your posts and please "do not lead readers on". 

If everything you said about HEXO is true, the SP would be much higher, like you say, the markets decide. Given everything you said in your post, the market has decided that the current SP is worth about 1$ CAD. 

GLTA
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