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

Bullboard Posts

Comment by pat7rickon Jan 31, 2013 11:51pm

187 Views

Post# 20921740

RE: .045 cents a new low

This is how it's done, put out bad news if any, delay projects, empty the cash register and drive the stock to 5 cents. Then do a financing and start the trend all over again. Standard junior mining operation, I thought this one was different but as we can all see it does not appear so. Let's see if and when the financing is done and what transpires thereafter.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?