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

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Post by Quietinvestoron Sep 30, 2020 10:41pm

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Post# 31646892

SOME NEWS

7 Marijuana Stocks to Buy That Will Survive 2020

Cannabis stocks continue to struggle, but these seven at least have time to turn it around

Investors looking for marijuana stocks to buy have no shortage of options that are cheaper than they were a month ago, let alone a year ago. But caution is advised: in this sector, it’s an enormous risk to chase “cheap” stocks.

That said, this risk again popped up this week when Aurora Cannabis (NYSE:ACB) reported earnings. ACB already was down more than 90% from last year’s highs before the release, but soft guidance for the current quarter sent ACB stock plunging another 29%.

Overall, Aurora’s results highlight the continuing struggles for the sector. And those struggles are likely to lead to a shakeout in the industry. There still are too many producers with too much capacity. The black market in Canada has held up better than expected. Leverage is a concern for a number of companies, including Aurora, Hexo (NYSE:HEXO) and others.

Those factors don’t mean that there are no marijuana stocks to buy in the entire market. Rather, it means that investors should be prudent and focus on the strongest companies. After all, even the best operators will need time to work through the industry’s issues.

Investors should only own shares of those companies whose financial strength guarantees that time. That said, these are seven such companies: