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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 Nov 29, 2011 5:31pm
351 Views
Post# 19276395

RE: The Potash Problem

RE: The Potash ProblemYou guys ever wonder if we've been just plain swindled, I mean they release like 6 news releases saying the potash deal is gonna happen while they sell all the way to 20 cents, then say it's not gonna happen. Maybe I'm just a little pissed I didn't sell more in the 40's(sold 1/4 of my position), but it does seem a little odd looking back. As far as the rest of things, well it's taking forever to proceed, which is the plan if you're living off the kitty. I believe Hite and the boys are fairly ligit, but don't forget this is a promoter and a penny stock we're talking about. If they announce a ton of options any day now, we'll all be wondering, but having said all that, it only means it will be ran back up again, so that's a good thing, the only question is when. That I'm just gonna have to wait for cause 15 cents is just too cheap for this stock, or so I thought. GLTA.
Bullboard Posts