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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

Comment by northernbullon Sep 11, 2017 9:42pm
59 Views
Post# 26682826

RE:how much has the grass grown in the last month?

RE:how much has the grass grown in the last month?I'm not sure who's manning the phones, but I've stopped manning the bids. Volume has been terribly light, but I've bought the bulk of all shares traded since June. That's not many, but I'm tired of propping this up. I've gambled way more than I ever dreamt I would on a penny stock.
In my opinion, this goes to zero or goes over a buck in the next year.
It's now or never. Get some new blood into the management team to lead the way and our two veteran geologists can choose where to put the drills and identify properties to pick up if money returns.

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