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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 Skateron Jan 19, 2022 10:43am
105 Views
Post# 34332571

RE:RE:RE:RE:RE:RE:RE:RE:RE:slag me—-I have called HEXO

RE:RE:RE:RE:RE:RE:RE:RE:RE:slag me—-I have called HEXOThe problem is the company has lost all credibility, they've never hit the targets they set.  I know, I know, its new guys, give them chance.  For sure. But I can tell you from experience, costs cutting costs money and the next few quarters are therefore going to be ugly. The bigger problem is the capital structure is a mess.  They are going to have to sell half the company, which just dilutes current holders.  And therefore longer to realize on any future profits, assuming they can get there.  Its going to be a looonngg slow ride.  Anyways, thats just my opinion.  Good luck to those that believe the pumpers.
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