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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

MFS Municipal Income Trust
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Comment by northernbullon Feb 14, 2011 12:05am
297 Views
Post# 18127046

RE: Sac Energy

RE: Sac EnergySaccharum has been halted for so long due to the fact that they are completely changing directions as a company. They were obviously an energy company, but are now switching gears to potash. This involves a lot of paper work apparently, but they are also likely trying to coordinate some financing as well to close the deal with us and prepare for work on K2. Hopefully we'll see them start trading again by the end of the week after announcing the deal is done.
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