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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

Post by Magnum2on Jan 15, 2021 1:17am
230 Views
Post# 32303967

Mkt order at the open/8cts a few days ago

Mkt order at the open/8cts a few days agonow we are back to 5ct bid and 5.5ct ask...

Perhaps they get a deal to move our battery metals property to give us some liquidity, unfortunately it appears that the COVID numbers in areas of South America are once again increasing....this entire summer season in the southern hemisphere will be a loss.

The U.S. now trying to spend their way outta poverty, should help base metal prices/infastructure spending worldwide and eventually when the World runs outta of supply, inflation will take hold and the debt squeeze should drive Gold prices.

MFM, until they get serious here and part with non-core asset(s) to further core assets, we are stuck near the bottom here:(((

all IMO, DYODD
GLTA

Disclosure: still holding some shares of MFM, not a buyer until we see some significant/paid progress, the previous deal to sell the battery metals project was way too loose on details and commitment...with that said look at ACDC's mkt cap now, get a plan MFM, please.
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