MFS Multimarket Income Trust (NYSE:MMT - Get Free Report) passed 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.
MFS Multimarket Income Trust Price Performance
The company's fifty day simple moving average is $4.56 and its 200-day simple moving average is $4.63.
MFS Multimarket Income Trust Dividend Announcement
The firm also recently declared a -- dividend, which will be paid on Monday, June 30th. Shareholders of record on Tuesday, June 17th will be issued a $0.033 dividend. This represents a yield of 8.7%. The ex-dividend date is Tuesday, June 17th.
Institutional Investors Weigh In On MFS Multimarket Income Trust
Hedge funds have recently added to or reduced their stakes in the business. Cetera Investment Advisers boosted its holdings in MFS Multimarket Income Trust by 8.3% in the fourth quarter. Cetera Investment Advisers now owns 176,474 shares of the closed-end fund's stock valued at $828,000 after purchasing an additional 13,507 shares during the last quarter. Northstar Financial Companies Inc. purchased a new stake in MFS Multimarket Income Trust in the fourth quarter valued at $265,000. Raymond James Financial Inc. purchased a new stake in MFS Multimarket Income Trust in the fourth quarter valued at $3,922,000. Invesco Ltd. boosted its holdings in MFS Multimarket Income Trust by 2.6% in the fourth quarter. Invesco Ltd. now owns 692,046 shares of the closed-end fund's stock valued at $3,246,000 after purchasing an additional 17,284 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings in MFS Multimarket Income Trust by 4.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 183,356 shares of the closed-end fund's stock valued at $860,000 after purchasing an additional 7,055 shares during the last quarter. 18.97% of the stock is owned by hedge funds and other institutional investors.
About MFS Multimarket Income Trust
(
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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.
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