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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 Jun 23, 2011 1:41pm
178 Views
Post# 18756717

RE: Toruel starting to move forward

RE: Toruel starting to move forwardAnother piece of the puzzle put in place today. The markets are brutal right now, but there should be sufficient news over the next year to march us forward. If things settle down by the fall, we should have work happening on multiple fronts and more and more people will learn of our story.
Having said that, we may not even have to wait that long, as Nova could turn us north with the right words. Choosing to spin the drills again in the short term would be a great sign. Let's wait and see what conclusions they come to after studying the assays.
If you think we'll hear within a week, tell yourself it will be two, then you won't be as frustrated if they operate on their usual time schedule (late for everything). Aside from their lack of IR and a tendency to take their good old time, a solid company is being built here.
Bullboard Posts