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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

Comment by Toweringmarson Oct 28, 2021 9:35am
91 Views
Post# 34058108

RE:Who is this guy? Pablo Zuanic

RE:Who is this guy? Pablo ZuanicHe's an old man who's downgraded the entire sector even though he says hes favourable on it.
Sounds like hes in the back pocket of the shorties.

Jimmy713 wrote:

The Analyst

Cantor Fitzgerald's analyst Pablo Zuanic lowered the price on HEXO shares to CA$2.29 ($1.85) from CA$3.45, maintaining a neutral rating after projecting that the company will miss sales estimates for the quarter by 15%.

And, it seems that stock will continue to drop further, added Zuanic who expects HEXO will post a negative adjusted EBITDA of CA$4.3 million, compared with a consensus of a negative adjusted EBITDA of CA$5.1 million.

"We estimate it ended July with $53Mn in net cash," the analyst said.



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