MFS Multimarket Income Trust (NYSE:MMT - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $4.62 and traded as low as $4.62. MFS Multimarket Income Trust shares last traded at $4.66, with a volume of 63,883 shares.
MFS Multimarket Income Trust Trading Up 0.9%
The stock's fifty day moving average is $4.61 and its two-hundred day moving average is $4.62.
MFS Multimarket Income Trust Announces Dividend
The business also recently disclosed a -- dividend, which will be paid on Monday, June 30th. Stockholders of record on Tuesday, June 17th will be paid a dividend of $0.033 per share. This represents a dividend yield of 8.7%. The ex-dividend date of this dividend is Tuesday, June 17th.
Institutional Investors Weigh In On MFS Multimarket Income Trust
A number of institutional investors and hedge funds have recently modified their holdings of MMT. Focus Partners Wealth boosted its position in shares of MFS Multimarket Income Trust by 14.1% in the 1st quarter. Focus Partners Wealth now owns 28,645 shares of the closed-end fund's stock valued at $133,000 after purchasing an additional 3,550 shares during the period. Janney Montgomery Scott LLC lifted its stake in MFS Multimarket Income Trust by 1.1% during the first quarter. Janney Montgomery Scott LLC now owns 371,451 shares of the closed-end fund's stock valued at $1,727,000 after buying an additional 4,159 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in MFS Multimarket Income Trust by 4.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 183,356 shares of the closed-end fund's stock valued at $860,000 after buying an additional 7,055 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of MFS Multimarket Income Trust by 780.0% in the first quarter. Geneos Wealth Management Inc. now owns 10,155 shares of the closed-end fund's stock worth $47,000 after buying an additional 9,001 shares during the period. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in shares of MFS Multimarket Income Trust in the fourth quarter worth approximately $49,000. 18.97% of the stock is owned by institutional investors and hedge funds.
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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