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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

Comment by northernbullon Nov 04, 2017 1:09am
57 Views
Post# 26905116

RE:Nov. 30th AGM and possible management changes

RE:Nov. 30th AGM and possible management changesI'll keep this brief, but I have to respond to that comment.
Who would run a company for $40k a year?
We get new management or we die.
We don't even have $120k right now, so if they are going to bring someone in and offer him money, they must have a path forward.
See what the 30th brings, but anyone voting against a management change or a strategic addition to the board is voting to go down with the ship. It's time to try to advance things. Roll the dice. No one is giving current management any substantial money ever again. I'm supporting anything that is new. This last 7-8 years has been like death by a thousand cuts.
If you've complained about management for years, don't be foolish enough to stand in the way of change.
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