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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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Post by northernbullon Feb 25, 2011 3:53pm
363 Views
Post# 18196154

Firming up

Firming upLooks like the guys who bought for a quick buck expecting the K2 deal this week have just about moved out and things are looking up.
Its one thing to get a little bored while waiting, but try passing the time by watching the lead up to the NHL trade deadline or maybe take up knitting if it keeps you away from the sell button. Marifil is a winning lottery ticket and we've got lots of news on the way.
PDAC should help us gather some steam and with a little cash of our own now we could possibly see work being done on 3 or more properties (San Roque, K2 hopefully, and then my personal preference would be the sulfur deposit with our own cash, or even the economic report on the limestone project).
Hang in there. enjoy the weekend!
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