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 > Article: HEXO Insiders Buying Shares

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Post by quinlashon Sep 03, 2020 10:23am

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Post# 31501136

Article: HEXO Insiders Buying Shares

Taken From Article:

In fact, the recent purchase by Independent Director Vincent Chiara was not their only acquisition of HEXO shares this year. They previously made an even bigger purchase of CA$298k worth of shares at a price of CA$2.12 per share. That means that an insider was happy to buy shares at above the current price of CA$0.97. It’s very possible they regret the purchase, but it’s more likely they are bullish about the company. To us, it’s very important to consider the price insiders pay for shares is very important. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.

Link to FULL Article - From May 27, 2020
https://simplywall.st/news/trade-alert-the-independent-director-of-hexo-corp-tsehexo-vincent-chiara-has-just-spent-ca210k-buying-2-9-more-shares/

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