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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

MFS Municipal Income Trust > MFM closes 2 mill PP
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Comment by Thecook100on Feb 16, 2018 6:55am
111 Views
Post# 27570216

RE:MFM closes 2 mill PP

RE:MFM closes 2 mill PP"Proceeds from the placement will be used for acquisitions, a drilling program at San Roque and general working capital".......hmmm acquisitions ? And when will we hear about the start of a drilling program at SR ? More news next week is my guess. GLTA
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