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 > Lump of coal

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Comment by Thecook100on Dec 24, 2017 8:12am

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RE:RE:RE:Lump of coal

Yes Stan I once had over 200,000 shares and alot of capital in MFM now i dont even want to look at my accounts as the rollbacks have killed me. Now a new CEO takes over and does it AGAIN. WTF. It's like mattbigham said....the new money coming in will make the real dough...and us bagholders (rollbacks) will be lucky to break even. Merry Christmas and cheers to the new CEO...he's done a great job thus far :(

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