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.

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MFS Municipal Income Trust

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Post by 2investorknoton May 06, 2017 12:29pm

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Post# 26212398

Yep, it's quite a show

Yes, it's quite a show that John HIte is putting on....I wish I never bought a ticket.

As i have written before, our development phases for Marifil are --

Silence
Hype/Interested Parties etc.
Disappointment
Private Placement

So we just completed #3 with the recent Annual Report and disappointment abounds. But before doing yet another dilutive private placement (Phase 4), I guess John needs to take a slight detour and do a consolidation since its tough to do anything when you are sitting at .01. I have seen this with so many other juniors and we should expect to see a slow share price decline in the months that follow unless something happens besides doing the waiting game.

Same management and skill set= same results

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2024, a breakthrough year for silver