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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Comment by a_brownon Nov 22, 2011 7:45pm

250 Views

Post# 19259702

RE: RE: Down again...

You're kidding me, right? What did MFM trade today, about a hundred thousand shares? About 15 grand worth? You actually think this is indicative of "awful" drill results?

You're kidding me, right?

No, this is nothing more than tax loss selling or someone finally getting discouraged enough to get the heck out. Or a stop loss on someone that bought recently.

But, bad drill results? Gotta be kidding me.

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