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 > A quick summary of Hexo.

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Comment by ThoughtsOnThison Dec 15, 2021 2:44pm

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Post# 34233964

RE:A quick summary of Hexo.

Solid piece. Three takeaways;

1) Overreach by the Founders; at a certain point they were out of there league.
2) Greed; Beyond enough by any measure was not enough.
3) Goverenance. Terrible is being nice. The HEXO BoD is culpable.

Lost 60% + here like many. Let HEXO be another lesson along the way. Not to be dramatic, but, HEXO really could go bankrupt. That's not news, I know, but it is reality. Q1/2022 is the last shot...

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