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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 Sep 23, 2014 11:36am
103 Views
Post# 22962345

RE:P-Placement

RE:P-PlacementThey've been running on fumes for a long time, taking a few shares in leu of salary and even lending some of their own money. With a prospective buyer for the limestone lurking, I suspect this will be used to just allow them to stay afloat until a deal gets done. The fact that they have survived without doing a rollback and only a small amount of dilution is admirable . Just my opinion.
Bullboard Posts