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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 northernbullon Mar 24, 2019 10:38pm
92 Views
Post# 29529772

RE:RE:RE:RE:Unusually bid and ask

RE:RE:RE:RE:Unusually bid and askNice to see you’re still here, Pat7rick. I really hope things go well here. I’m not completely out, but lightened up at 15, 16.5 and 18 on Friday. If it falls back to the low teens, I may get brave again. 
To be clear, I’m still cheering for all the guys that have been here for years, despite my frustrations with management. The properties have so much potential, but my personal situation and risk profile has changed. I moved my family across the country to be closer to parents and grandparents. I’m also attempting a career change and haven’t been working for many months. This little run was just what I needed. I just can’t afford to have my largest position be in a stock that could rise or fall by 50% or more on any day. 
Besides, if you guys strike it super rich, I think I still have a few years left before some of my warrants expire. Dilution has brought their cost to a dollar, but stranger things have happened. 
Good luck to all. 
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