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.

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MFS Municipal Income Trust > Increased SP, Decreased Shareholder Value

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Comment by sapporostanon Dec 23, 2017 4:29pm

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Post# 27222455

RE:RE:RE:Increased SP, Decreased Shareholder Value

you are correct in that after this next reversal, there will only be 13 million shares outstanding and the assumption is that the new investors at 10 cents will not sell until drill results are released and the stock moves up so profits are available to them. i will follow your afvice and get some if and when it is advantageous. how many shares i have means nothing unless we have deals made with top money coming in. a market cap today of $1.32 million is way too cheap . a good risk-reward gamble

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