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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

BLACKROCK Municipal Income TRUST > Sector needs help
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Comment by GaillardDeshaieon Mar 20, 2023 11:43am
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Post# 35349011

RE:RE:Sector needs help

RE:RE:Sector needs helpFederal Gouvernment pushed really hard to have LP to compete against illegal market...What they did...they gave over 800 LP license...totally insane but it was working well to keep a high level of competition between LP.  And to add at the insult....government cashed 33% as Excise Taxes from LP...plus all Retail Taxes....and in La Belle Province SQDC cashed also at least a 35% gross profit.
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