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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

MFS Municipal Income Trust
Bullboard Posts
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(12)
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Post by blackjackallon May 15, 2013 5:13pm
132 Views
Post# 21411586

Sorry for the pain

Sorry for the pain

I feel for many of the investors here but let's face it the writing has been on the wall for this one for a long time now. I have to scream it out-----------------I TOLD YOU SO!!!!!!

 

Rollback is on it's way. A prospect generator in Argentina?! Tell me you don"t still think this is a viable business strategy in this cruddy market. Sprott's clients must be loving them for buying into this turd.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities