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.

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MFS Municipal Income Trust

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Post by a_brownon Jul 19, 2011 7:18pm

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Post# 18849432

Investment Pitch story from today

Announcing NG drill results, and reporting these results are available on MFM website. Nothing I can see on the site, but the two drill holes outlined look exceptional. Long intersections, and what appears to be economic grades if there is adequate continuity. And the comments of John Hite and Dick Walters, as communicated on Investment Pitch, sound extremely positive.

Perhaps a wide news release tomorrow?

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