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

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Post by 2investorknoton Apr 30, 2020 2:51pm

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Post# 30972763

Delay in filing

The delay in filing is not unexpected.

As a shareholder who was iniitlally against Rob Abenante as President & CEO, I find no joy is reaffirming my belief that he was a wrong choice for the job. Huge mistake though the ship had been sinking for awhile.

In the current press release it states, "Then are have not been any material business developments since the company's financial and management's discussion and analysis for the third quarter ended Sept. 30, 2019." Why stop there? If you don't count our share dilution over time, nothing else of "material business development" has happened for years.

Marifil is one example of why people will be avioding junior mining companies for years to come. Total joke.

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