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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 mattbighamon Nov 16, 2017 4:19pm
40 Views
Post# 26979628

RE:RE:RE:At Least Creditors

RE:RE:RE:At Least CreditorsLet's see,one day I have hundreds of thousands of shares,losing so much money I could have bought a house with that cash.For a homeless person such as myself this strangely appeals to me.What doesn't appeal to me is silence.Hite and Walters were quiet but in five down years they barely diluted my holdings,took very little from the company and waited for a project to turn the tide. Am I grateful that a TSX financier rolled me back and diluted me out five-fold and then 100% again? San Roque brought in Nova Gold.The project stands on it's own.A million bucks for San Roque + MFM's entire portfolio of properties+a blank cheque position to write yourself millions of shares. Somebody just made out like a bandit. A new Pres/CEO that can't bother even introducing himself,an IR rep that refuses to relate, recently diluted out twice with ten lost years of my life and $50k+ in losses. That's my bottom line. I have zero respect for this executive until he earns it.
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