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MFS Municipal Income Trust V.MFM


Primary Symbol: MFM

MFS Municipal Income Trust (the 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 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, the 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 utilities. 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
Post by funway4106on Feb 03, 2013 7:23am
191 Views
Post# 20930485

Venture Exchange

Venture Exchange

MFM is not alone in companies hard hit in this market,believe me I know.

I think when and if money flows into venture exchange MFM has the goods.I think they

have a million or so in cash and securities I really don't know the burn rate.

The reason I bought MFM is san roque nothing has changed except NG backed out because

there was to much on there plate DONLIN CREEK,GALORE CREEK.They need there cash.

Another thing I really like potash deposit next door being developed I think billion $$$ development

with vale that over time will shine a light on our properties.

Patience here I think will be well rewarded.

If anyone knows cash and burn rate sure would appreciate the info.

Bullboard Posts