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MFS Municipal Income Trust V.MFM


Primary Symbol: MFM

MFS Municipal Income Trust (fund) is a diversified closed-end management investment company. Its investment objective is to seek high current income exempt from federal income tax but may also consider capital appreciation. It invests, under normal market conditions, approximately 80% of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in municipal bonds. These municipal bonds include debt securities issued by or on behalf of states, territories, possessions of the United States, District of Columbia, and their political subdivisions, agencies, or instrumentalities. The Fund invests in various sectors, such as hospitals, secondary schools, colleges, schools, and water and sewer utility. It has investments in areas, including Alabama, Alaska, Arizona, Arkansas, California, Colorado, Delaware, Florida, Georgia, Guam, Hawaii, Idaho, and Illinois. Massachusetts Financial Services Company is the investment adviser of the Fund.


NYSE:MFM - Post by User

Bullboard Posts
Comment by northernbullon Mar 21, 2011 2:35pm
168 Views
Post# 18317145

RE: No NR ?

RE: No NR ?I think the most likely reason that the company hasn't announced the drilling yet is that drilling likely hasn't started yet. They said March and the month's not over yet. Also, someone posted from PDAC and said that it would likely be  a few weeks as of then. It sounds as though some of us want to shoot the IR guy, but perhaps there IS NOTHING TO REPORT YET and that they will do their job when they have something to release. I'm not an incredibly patient person either, but the whining is getting old fast. I don't want to start bickering on here, as the board is full of wonderful people and I don't want to turn this place into a cancerous environment like a few of the other boards I frequent. However, the drilling and JV games are both notorious for delays. If we keep asking, "are we there yet?" from the backseat, you'll drive yourself nuts
Bullboard Posts