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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 VeritasVernon Jan 19, 2022 9:45am
66 Views
Post# 34332190

RE:RE:RE:news released on path forward

RE:RE:RE:news released on path forwardThe $10 million they got for Belliville is to pay the Note holders of the massive loan as just part of the monthly payments. Too little, too late, Hexo will be massively diluting to stay afloat. most of the cost cutting are in 2023, this news release is not good as the company needs cash in a big way within the next several months or it's curtins...

pdcon1 wrote: share holders have no choice now sell at a loss and cater to shorts  or buy more shares and average down  , clearly hexo will be hanging around  this ten million buys time to get profitable and avoid a consolidation short term , where there may be a consolidation but at a higher price. 


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