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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

Post by 2investorknoton Nov 30, 2017 12:31pm
130 Views
Post# 27064700

Deadline has passed

Deadline has passedOh bother, when I contacted the brokerage this morning and tried to vote against Abenante's Executive Agreement, it was passed the deadline.  

Good luck to the new CEO with San Roque in finding a 3rd partner.  NovaGold (49% ownership) is so excited about that property that i could not find any mention of it on their corporate presentation nor on their properties link on their website!  Their excitement over the project is certainly noteworthy. 

But.....what can one do now with less shares (5:1 rollback) except hope for the best?  The new CEO will likely get his (imo) excessive Executive Agreement and maybe some of the food crumbs will fall off the corporate table to shareholders.  With Hite it was certain death by a thousand cuts but with Abenante it will either be over soon or maybe something positive will actually happen.

GLTA longs
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