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 > The fall of Hexo

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Comment by Canuck30on Dec 01, 2021 11:15pm

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Post# 34188460

RE:The fall of Hexo

Phileagles11 wrote:
In the beginning of February the sp was approximately $14 and the company had a market cap of $1.55b and just 9 months later the sp is at $1.28 and there is talk of bankruptcy.

WTF happened?

Did you just wake up after a one year nap?

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