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MFS INTERMEDIATE Income TRUST T.MIN


Primary Symbol: MIN

MFS Intermediate Income Trust (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to seek high current income but may also consider capital appreciation. The Fund’s investment adviser, Massachusetts Financial Services Company (MFS), normally invests the fund’s assets primarily in debt instruments. MFS generally invests substantially all of the Fund’s assets in investment grade quality debt instruments. MFS may invest the Fund’s assets in foreign securities. MFS normally invests the Fund’s assets across different industries and sectors, but MFS may invest a significant percentage of the Fund’s assets in issuers in a single industry or sector. The principal investment types in which the Fund may invest are debt instruments, securitized instruments, corporate bonds, United States government securities and others. The Fund seeks to make a monthly distribution at an annual fixed rate of 8.50% of the fund’s average monthly net asset value.


NYSE:MIN - Post by User

Comment by mudguyon Sep 21, 2017 3:48pm
125 Views
Post# 26727597

RE:RE:RE:Taseko comparison

RE:RE:RE:Taseko comparisonTKO has lost credibility on Prosperity because of permitting issues (namely rejection).  The Federal Gov't had to step in when the BC gov't permitted it in 2014.  The entire thing is a fiasco that speaks to the companies ability to bring the project to production.  Sure, it is something like a $3B NPV, but they need to actually convince the market they will get it built.  A company with this environmental and permitting track record was the last thing that the Florence project needed, but they bought it anyway through HD.

By comparision, MIN has kept reasonably to schedule, has the draft state permit, and actually acquired the mill for a song in the depths of the mining bear.  That is a sign of quality management in my view.
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