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.

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MFS Municipal Income Trust > Level II

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Post by northernbullon May 04, 2018 10:47am

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Post# 27982507

Level II

Level II has been strengthening over the past week. Decent sized orders keep showing up in the 18-19 cent range. A few people are using it as a chance to get out, but it appears we’re going to tackle the 20 cent range soon. Let’s hope they put the $2 million to good use soon and give us something to look forward to. With liquidity so thin, movements in price can be very swift. Keep in mind that I’m often wrong.

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