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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

Post by Keeleron Mar 25, 2022 2:24pm
86 Views
Post# 34546394

Giggly Girls and 'Premature Legislation'?

Giggly Girls and 'Premature Legislation'?Giggly Girls better have their celebration sleepover this weekend - maybe after quintard releass his email from Hexo IR about the F200 cancellation.
Life back to normal next week for the Girls.



Piper Sandler on US Legislation

27 minutes ago by MT Newswires
 

01:53 PM EDT, 03/25/2022 (MT Newswires) -- Cannabis stocks are rallying on reports that the MORE Act will get a hearing on Monday in the House Rules Committee, the final step before it can come to a vote on the House floor, writes Piper Sandler's Michael Lavery. The MORE Act would de-schedule cannabis and give the legalization the industry in the US has been pushing for. It last passed the House in December, 2020, but failed to receive a vote in the then-Republican controlled Senate.

"We believe passage again in the House is likely, but we continue to believe it is unlikely to pass the Senate in its current form." It still requires 60 votes in the Senate, a level of support that Piper Sandler does not believe it has. Even among Democrats, Sens. Tester and Shaheen have spoken out against cannabis legalization, suggesting that the rally in cannabis stocks today is premature.


Piper Sandler on US Legislation

27 minutes ago by MT Newswires
 

01:53 PM EDT, 03/25/2022 (MT Newswires) -- Cannabis stocks are rallying on reports that the MORE Act will get a hearing on Monday in the House Rules Committee, the final step before it can come to a vote on the House floor, writes Piper Sandler's Michael Lavery. The MORE Act would de-schedule cannabis and give the legalization the industry in the US has been pushing for. It last passed the House in December, 2020, but failed to receive a vote in the then-Republican controlled Senate.

"We believe passage again in the House is likely, but we continue to believe it is unlikely to pass the Senate in its current form." It still requires 60 votes in the Senate, a level of support that Piper Sandler does not believe it has. Even among Democrats, Sens. Tester and Shaheen have spoken out against cannabis legalization, suggesting that the rally in cannabis stocks today is premature.

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