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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 Jul 14, 2011 10:44pm
195 Views
Post# 18833849

RE: Question: MFM & NKL

RE: Question: MFM & NKLbuffet, I'm not sure about takeovers, as Marifil has lots of parts and would be tough to value and many projects would be out of NKL's area of focus. However, I wouldn't be surprised to eventually see a few projects sold or spun out. There's so many potential ways that this company can hit it big. SR and the K's alone could be huge company makers.
The market cap for NKL that you mention tells me that they won't have any trouble raising cash if they need to, so if they like what they see when they get around to doing some work, they should be capable of being as aggressive as they wish.
Bullboard Posts