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

MFS Municipal Income Trust

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Post by funway4106on Oct 05, 2011 8:17am

453 Views

Post# 19120148

San Roque

I mainly bought this for San Roque which is going to be huge and
now with SHM deal out of the way .MFM will rise when the markets
stabilize or QE3 which is just around the corner .I really hope we have
enough cash to do our own drill program on our potash properties what
I would really like to see is a spinout of our potash and phosphate properties
to shareholders Like EPL does A one for one would be nice then you would see
our share price climb.Anyway sitting tight on this one its a winner.

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