MFS Multimarket Income Trust (NYSE:MMT - Get Free Report)'s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $4.63 and traded as low as $4.62. MFS Multimarket Income Trust shares last traded at $4.64, with a volume of 45,062 shares changing hands.
MFS Multimarket Income Trust Stock Performance
The stock's 50-day moving average price is $4.56 and its 200-day moving average price is $4.63.
MFS Multimarket Income Trust Dividend Announcement
The company also recently disclosed a -- dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 17th will be paid a $0.033 dividend. This represents a yield of 8.7%. The ex-dividend date is Tuesday, June 17th.
Institutional Trading of MFS Multimarket Income Trust
A number of institutional investors have recently bought and sold shares of the company. Allspring Global Investments Holdings LLC grew its holdings in MFS Multimarket Income Trust by 0.6% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 3,270,086 shares of the closed-end fund's stock valued at $15,337,000 after purchasing an additional 18,751 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of MFS Multimarket Income Trust in the 4th quarter worth about $3,922,000. Schwarz Dygos Wheeler Investment Advisors LLC acquired a new stake in MFS Multimarket Income Trust in the 4th quarter valued at about $72,000. Commonwealth Equity Services LLC grew its stake in MFS Multimarket Income Trust by 4.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 183,356 shares of the closed-end fund's stock valued at $860,000 after acquiring an additional 7,055 shares during the last quarter. Finally, Ashton Thomas Securities LLC increased its holdings in MFS Multimarket Income Trust by 97.1% during the 4th quarter. Ashton Thomas Securities LLC now owns 34,500 shares of the closed-end fund's stock valued at $162,000 after acquiring an additional 17,000 shares in the last quarter. 18.97% of the stock is currently owned by hedge funds and other institutional investors.
MFS Multimarket Income Trust Company Profile
(
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MFS Multimarket Income Trust is a closed ended fixed income mutual fund launched and managed by MFS Investment Management, Inc The fund invests in the fixed income markets across the globe with greater emphasis on United States. It seeks to invest in fixed income securities issued by U.S. Government, foreign government, mortgage backed, and other asset-backed securities of U.S.
Further Reading
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