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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

Bullboard Posts
Post by burner21on Feb 23, 2011 9:03am
268 Views
Post# 18178767

News...SHM Extension

News...SHM Extension

News Story

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Marifil Grants Extension of Letter of Intent for the K-2 Potash Property

02/23/2011 09:00 AM ET

VANCOUVER, BRITISH COLUMBIA, Feb 23, 2011 (Marketwire via COMTEX News Network) -- MARIFIL MINES LTD. (TSX VENTURE:MFM) ("Marifil" or "the Company") announces that it has granted Saccharum Energy Corp. (TSX VENTURE:SHM) of Calgary, AB, an extension until March 31, 2011 to complete the financing and closing for Marifil's K-2 Potash property in Neuquen Province, Argentina (see News Release dated December 21, 2010).

Saccharum has agreed to pay $20,000 for the exclusive extension. Saccharum has informed the Company that it has signed an Engagement Letter with a major investment bank and that this institution has requested the extension to allow time to complete a financing on behalf of Saccharum.

Bullboard Posts