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 > BNN interview

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Comment by mydogchachon Jun 15, 2021 10:12am

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Post# 33387736

RE:RE:RE:BNN interview

quinlash - (6/15/2021 9:26:04 AM)
RE:RE:BNN interview

Nice post Arnold, thanks for taking the time to do that

ArnoldLayne wrote:Hexo seems to do the right moves at the right time. Nice recap

Right.
Hexo is too late for Europe
Hexo is too late for the U.S.
Hexo bought Newstrike and wrote it off 6 months later
Hexo bought 48North for cosmetics - too late for that
Hexo bought Zena - for expanded prodcution area, when they have $95 million rotting in inventory
Hexo's external auditor have repeatedly noted deficiencies in controls

I could go on - but vcan you point out 'the right moves at the right time'.

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