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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 quinlashon Dec 13, 2020 3:38pm
168 Views
Post# 32096203

RE:RE:TWAS THE NIGHT BEFORE FINANCIALS AND ALL

RE:RE:TWAS THE NIGHT BEFORE FINANCIALS AND ALLIf you are optimistic of a eventual return to a more realistic price per share on the stock however want to see a shorter timeline then you should consider averaging down.  Outside that you have little choice but to wait. 

With US legalization expected in 2021 and Mexico expecting to now legalize not later than April I highly douth you will be waiting years for the shareprice to recover.  HEXO noted that Latin America is a market of interest and they have been reported as marketing products in Mexico.

As revenues increase so will the shareprice.

Q


Oasisjunior wrote: I'm down 80,71% on Hexo so as long as they as they ar not going bankrupt I'll take any news they have...... It's going to be many years to see any return on this.....


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