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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Comment by 2investorknoton Jul 11, 2017 1:36am

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Post# 26454073

RE:heavy volume drives stock sharply lower

No problem.... The past consolidation allow for us to sell shares above 1 cent for awhile.

Directors will perhaps raise their fees, silence will continue, then a private placement, and of course shareholders will vote for everyone to stay on the Board with no managment changes. I'm afraid shareholders are getting what they deserve.

Same skill set= same result imo

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