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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 2investorknoton Dec 10, 2018 12:38pm
91 Views
Post# 29092211

RE:Marifil's President Wrapped up in Insider Trading Scandal

RE:Marifil's President Wrapped up in Insider Trading ScandalI cannot comment upon the merits of your claim re: Abenante but here is one article that supports your posting https://thedeepdive.ca/abattis-bioceuticals-3-reasons-were-wary/

As long time shareholders know, I was never supportive of hiring Abenante for Marifil.  He got an extremely lucative package with incentives and had limited mining experience.  I was told by others that the reason we need him was that he was basically a money guy who had connections etc. and an ability to secure additonal funding etc.

I remain a shareholder since there is potential for some recovery and I have lost 99% of my investment already in this company over the years so eventually it will be yet another junior mining company write-off.  


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