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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 Feb 08, 2012 11:54am
280 Views
Post# 19504639

RE: something fishy

RE: something fishy

Some people are trying to use today's news as a chance to unload some of their position. I can't get my my level II to post for the board for some reason. As it stands now, there's not much support underneath, and there's about 155k standing in the way of 20 cents above. I'd like to add again if it got to 16 cents. If you're right and someone is trying to keep this thing low for some more cheap ones, it'll be a good chance for some of us here to scoop up some cheapies from under their nose.

So, drills turning at Toruel mid-spring for some summer/early fall news. Hopefully Nova will announce a quicker turnaround than that even at San Roque. If we could settle on a potash partner by June, we would have a good set-up for regular newsflow. As for today's news, surface sampling isn't usually exciting, but the drilling could be. I like the sound of the gold that turned up. 0.75g/tonne at surface is certainly interesting.

Bullboard Posts