MFS Municipal Income Trust (NYSE:MFM - Get Free Report) declared a -- dividend on Tuesday, June 3rd, Wall Street Journal reports. Investors of record on Tuesday, June 17th will be given a dividend of 0.024 per share by the closed-end fund on Monday, June 30th. This represents a yield of 5.1%. The ex-dividend date of this dividend is Tuesday, June 17th.
MFS Municipal Income Trust Price Performance
NYSE MFM traded up $0.01 during trading hours on Thursday, hitting $5.10. The company had a trading volume of 61,554 shares, compared to its average volume of 128,507. MFS Municipal Income Trust has a fifty-two week low of $4.94 and a fifty-two week high of $5.78. The business has a fifty day simple moving average of $5.14 and a 200-day simple moving average of $5.35.
Hedge Funds Weigh In On MFS Municipal Income Trust
A hedge fund recently raised its stake in MFS Municipal Income Trust stock. Royal Bank of Canada raised its position in shares of MFS Municipal Income Trust (NYSE:MFM - Free Report) by 21.5% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 55,989 shares of the closed-end fund's stock after purchasing an additional 9,900 shares during the period. Royal Bank of Canada owned 0.11% of MFS Municipal Income Trust worth $297,000 at the end of the most recent quarter.
About MFS Municipal Income Trust
(
Get Free Report)
MFS Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in tax-exempt bonds and tax-exempt notes. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index.
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