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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

Post by quinlashon Feb 16, 2021 9:01pm
412 Views
Post# 32581133

HEXO After-Hours Link + Comments

HEXO After-Hours Link + CommentsJust to annoy the heck out out StockMonster (friendly rivalary on-going here folks )   :)

So HEXO closed out in after hours at $9.17 USD or $11.65 CDN (Using 1.27 as conversion).  That places ZENA shares at a conversion ratio of 11.65 x .01772 valued at .20 Canadian.

if you are a HEXO long and haven't considered adding ZENA to your play then run your numbers and give it some thought, ZENA should start to align with HEXO fairly quickly if investors start to believe that the ZENA / HEXO deal is a done deal. I am already part of that group considering both Boards of Directors voted in favor of the deal.  My own friends and family group picked up ZENA today to add to their Cannabis Plays, personally I opted to stick with HEXO while I wait for higher prices to rebalance the investment and free cash up for other plays.

Link to US NYSE after-hours Quote (Stated in USD)
https://www.marketwatch.com/investing/Stock/HEXO
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