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 > Done averaging down

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Comment by Thecook100on Oct 31, 2017 7:03am

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Post# 26880209

RE:RE:Done averaging down

Thx bull I wish you the same. Us oldtimers have no choice but to average down now under a penny w the consolidation. We will be seeing news before the AGM is what i am hearing. San Roque is still in the forefront and I believe (imo only) that some parties are still very interested in the property. As Warren Buffet once said "be greedy when others are fearful and be fearful when others are greedy". That MIGHT have some substance here..lmao here's to hoping :)

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Understanding tax loss season and the “Santa Claus rally”