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 > Do you understand Business 101?

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Comment by quinlashon Jun 16, 2021 6:03pm

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Post# 33399515

RE:RE:RE:RE:RE:Do you understand Business 101?

We can only guess when US legalization is going to take place. Some say progress is 2021, some say 2022, but as soon as we start getting more news on it we will see the sector rise, much like leading up to the Canadian legalization. Considering the size difference between Canada and the US I suspect the sector to lift very well