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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
Comment by pat7rickon Oct 04, 2011 12:29pm
230 Views
Post# 19117009

RE: RE: RE: Finally

RE: RE: RE: FinallyI agree, no tier two venture company, with a bigger company partnered into the potash we're way better off in this new market mania. Believe it or not in the long run this could be a good thing(although you'd never know it)Let's hope for a cash rich company to weigh in, we loose control and reporting becomes poor, but the project stays alive through thick and thin. As far as selling, well that 40 cents looks pretty good right now, but not at this levels, that for sure, the damage is done. I wonder how long it will take while we sit this out, quite the situation to say the least, but a great contrarian entry on the stock for sure. I sure hope Hite and co have the patience to get us a good deal, potash is still a very hot commodity and will remain so. GLTA.
Bullboard Posts