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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 Giocatoreion Oct 23, 2020 2:02pm
103 Views
Post# 31771776

RE:NOV 2 earnings ?

RE:NOV 2 earnings ?Makes sense to me! They give the shorts some extra time to digest the impact that the beverages will have on Hexo from the Molson earnings release, so that they can cover and release Hexo from their hold.  Nov 2 is also the first business day after Octoebr 31 so it is possible the last day that they could push it out without penalty. The new CFO gets some additional time to get the lay of the land.  They won't step on any toes at Molson.  Good results will still be good.  They have to blow away everyone's sales estimates otherwise they would not push out the earnings release. The earnings place the share price above the $1 us. and keep it there. They get the numbers for Octoberso that they kow whether to issue guidance for 2021. Life will be good!  or GREAT! 
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