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MFS Municipal Income Trust V.MFM


Primary Symbol: MFM

MFS Municipal Income Trust (the 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 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, the 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 utilities. 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 Keeeet123on Apr 01, 2011 12:54pm
291 Views
Post# 18373768

MFM

MFMLooks like the uptrend has started.... Though we are down today...... The move yesterday had to be based on someone somewhere knowing something.......  Probably means good is coming down the road.... Wonder whether it is the drilling by Nova or the Sac Deal......  Might be Sac deal and people are getting a little edgey today becasue there has been no news to back up the run yesterday.... Got to be coming here right away though...... I can only hope Nova is drooling over what they are seeing. I am sure that would add a big jump to the price of this stock if they go ahead and continue to drill and prove up results rather than quit after the two or three months. I am sure the drills will be good as there was enough prior work done for them to come up with some really good locations..... Cheers to the longs and flippers....... 
Bullboard Posts