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 > heavy volume drives stock sharply lower

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Comment by 2investorknoton Jul 12, 2017 12:45pm

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Post# 26460527

RE:RE:RE:heavy volume drives stock sharply lower

So no pp right now and don't expect to hear anything for the next 5 months or so. That's certainly good news. Trust me -- you should be able to pick up some more cheap shares. I am not selling mine though since I already lost 99% of my investment over the past 5 years or so.

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