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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 Jan 30, 2012 4:32pm
195 Views
Post# 19466942

RE: RE: RE: RE: Results

RE: RE: RE: RE: Results

I agree with dwyoming, we need some 43-101 numbers on SR, until then there is little value in this type of market, we also need money, I think the 45 cent warrants will come into play here, how I'm not sure just yet, maybe SR assays, maybe a potash deal, but some exitement will be necessary however short lived of which Hite and the boys are in charge of creating, this will take care of them(us) for the year, after that, who knows. Predicting long term on a penny stock has never been easy and it's doubtful Hite & co have any idea either. All I know is it's the season for a run up, how we get there is anybodies guess.

Bullboard Posts