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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 CanadianKiaon May 28, 2021 8:26am
124 Views
Post# 33284701

IMO

IMOI am not sure how someone can look at HEXO with this new deal and think its not a good investment.

Super low p/s. Its at rock bottom price. Compared to ACB, they actual have plain laid out to investors that show their commitment to their future. Joint Ventures, Top in canada soon with this purchase and plans for expansions in the US. what else would an investor be looking for? 

Why pay 20x, 30x, 40x for other investments??? 

This is a joke. This stock should be at 15-20 now at least!


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