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

BLACKROCK Municipal Income TRUST > Share price and market cap

<< Previous

Bullboard Posts

Next >>

Comment by Rotalucepson Sep 10, 2021 6:18pm

139 Views

Post# 33844022

RE:RE:Share price and market cap

Touran77 wrote:

Realistic44 wrote: '' At closing, HEXO paid the selling shareholders of Redecan $400 million in cash (subject to certain customary closing adjustments) and delivered 69.7 million newly issued common shares of HEXO (the “Consideration Shares”).'' If you consider that Hexo is now trading at $2.76/share ($763 million market cap), it is obvious that big investors are not impressed with Redecan's acquisition.

Don't know who wrote that, but he doesn't know much since this is a sector correction.

Tonto