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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

MFS Municipal Income Trust
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Comment by northernbullon Jan 23, 2012 11:58am
212 Views
Post# 19436524

RE: K5 !

RE: K5 !

Interesting indeed. I'm buying this morning and am excited to see those San Roque assays, which should be coming soon.

I was on their case about acquiring all over the place when we don't have cash to advance anything, but sweetening the potash collection was a great idea in my opinion.

In addition to my comments from the show yesterday, I don't think Allana is a potential suitor. The money they raised was for the African project and the MFM guys were quite convinced that Allana wasn't going to do anything with K1 (at least in the foreseeable future

 

 

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