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 dwyomingon Aug 20, 2014 12:42pm

100 Views

Post# 22860657

RE:whats up with San Roque property...

NovaGold did their drilling and spent enough exploration money to earn-in on the San Roque property, but then Nova split into two companies and has basically focused on other more advanced projects in the portfolio, so they have basically left San Roque. I think they would sell their portion of the JV ownership if another party could be lined up. It is a great physical location and the ore has value, but it is poly-metallic and will need some CapEx to separate out the valuable Indium and other metals from the gold in order to get the best economics per tonne.

The five person village of San Roque can be seen on Google Earth at about

40' 46" 18sec South
65' 47" 11sec West

Bullboard Posts

Pro Women’s Hockey League comes to NHL 25 in December