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 > Good news with bad news = not so great

<< Previous

Bullboard Posts

Next >>

Post by Thecook100on Nov 11, 2017 7:05am

91 Views

Post# 26944502

Good news with bad news = not so great

Lets get to the bad news..we just doubled our shares outstanding after a long dragged out few years of nothing along with a reverse split. The CEO doesn't seem like a great fit for MFM but we shall see. The good news is CEO is somewhat aggressive as we are starting a new drilling program at San Roque :) after all theses years wasted.. I end with a very slow clap of my hands with my head held down in disgust as my dog licks my face full of tears. Thanks Marifil for all the wonderful years of sh*t.

<< Previous

Bullboard Posts

Next >>

Rock Tech notches official permit for German lithium refinery