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.

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MFS Municipal Income Trust

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Comment by dwyomingon Feb 17, 2012 10:01am

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Post# 19548683

RE: RE: RE: RE: exclusive article here on MFM

I think most of us are in agreement about separating San Roque from the other properties, it's just a matter of timing. My view is that a spin-out would be best suited to be announced after we get our first official resource estimate which is still some distance into the future.

I do not know the policies of the TSXV on the matter, but I would think a 43-101 would be needed for the spun-out company in order to be a qualifying property??

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