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 > heavy volume drives stock sharply lower

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Post by sapporostanon Jul 10, 2017 9:38pm

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Post# 26453562

heavy volume drives stock sharply lower

needing cab fare, an astute long term investor dumped over 8,000 shares today to pick up a cool $240 cad less commission-i assume he leaves a big tip. we will see if bargain hunters step up tomorrow to take advantage or support disappears and we settle down around .02 or .025. these are exciting times as management contemplates the next private placement.

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