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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 pat7rickon May 18, 2018 1:57pm
97 Views
Post# 28053700

RE:Good question

RE:Good questionThere's been no direction here for years, just throwing darts at the wall, 'flavour of the day' so to speak, and after it all we're back to lithium. My only guess here is new management may have some asian connection to supply lithium for batteries, with oil climbing the electric car thing will be front and center in a big way, but who knows, JMHO. Are they not going after SR because we don't have the money to keep up with Nova and just get ourselves diluted out, not sure. This day and age $2mm goes fast and of course this management might want a pay hike, which is fine I guess if we get results. She's been a long road here with little or nothing to cheer about for years, talk about patience........it's been a tough market for juniors so I'll give them a pass, but as we near the end of another market cycle(yes I think S&P will run one more time)(spec juniors run last)let's hope we can get a run out of this and atleast get our money back. GLTA.
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