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 > "Something weird"

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Comment by CougerMilkon Aug 27, 2020 10:48am

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Post# 31460189

RE:RE:RE:"Something weird"

Maybe. It may also affect institutional money, which would otherwise be heavily in Hexo this summer/fall. But, the fact is that a correction is coming regardless, unless Hexo is bought out first. Also unpopular view, but I am against a buyout, since I believe longs stand to benefit most under the current approach of pursuing market leadership and strategic partnerships. The low price also hinders Hexo from trying to buy others (no more Newstrike deals, yay!) I also don't really care about NYSE listing although I suppose I would have to do something with my US shares.

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