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

Bullboard Posts

Post by Ducimuson Nov 06, 2010 11:04am

440 Views

Post# 17668473

Ducimus adds MFM.V to his watchlist

Having examined the chart of each of the stocks returned on tonight's market scan, this stock attracts
my attention by displaying characteristics signalling a potential entry into Stage II. I therefore added it
to my watchlist.

The market scan uses a "Stockcharts" scan syntax I personally developed, in order to identify stocks
likely to display the characteristics of stocks entering Stage II, as described by Stan Weinstein. The
principal scan criteria are basically set to identify stocks whose price is above their 150-day Moving
Average and whose usual daily volume is at least 50,000 and exceed by a margin of 3:1 the usual volume
levels displayed in the last 2 months.