MFS Multimarket Income Trust (NYSE:MMT - Get Free Report)'s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-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 traded.
MFS Multimarket Income Trust Trading Up 0.4%
The company's 50-day moving average is $4.60 and its 200-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. 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 of this dividend is Tuesday, June 17th.
Hedge Funds Weigh In On MFS Multimarket Income Trust
Several institutional investors and hedge funds have recently added to or reduced their stakes in MMT. Raymond James Financial Inc. bought a new position in MFS Multimarket Income Trust in the 4th quarter valued at approximately $3,922,000. Schwarz Dygos Wheeler Investment Advisors LLC bought a new position in MFS Multimarket Income Trust in the 4th quarter valued at approximately $72,000. Commonwealth Equity Services LLC lifted 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 purchasing an additional 7,055 shares during the last quarter. Ashton Thomas Securities LLC lifted its stake in MFS Multimarket Income Trust by 97.1% in the 4th quarter. Ashton Thomas Securities LLC now owns 34,500 shares of the closed-end fund's stock valued at $162,000 after purchasing an additional 17,000 shares during the last quarter. Finally, Broadway Wealth Solutions Inc. bought a new position in MFS Multimarket Income Trust in the 4th quarter valued at approximately $70,000. Institutional investors own 18.97% of the company's stock.
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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