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 > So much POTENTIAL

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Comment by LTStrategyon Oct 24, 2020 9:15am

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RE:RE:RE:RE:RE:RE:So much POTENTIAL

My thoughts are that increase customer spend in Q4 went towards value brands and new derived products such as hash. Hexo was first to market with those so probably benefited the most to capture that increase in consumer spend. Hence why canopy and aurora revenue dropped. I speculate that hexo captured that market. If this gets validated at the ER then it's the beginning of a decent bull run for hexo. Those that are not in before will lose out on a 30-40% return over night.

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