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NYSE:MFMMFS Municipal Income Trust Stock Price, Forecast & News

$6.20
+0.06 (+0.98 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$6.15
Now: $6.20
$6.20
50-Day Range
$5.71
MA: $5.98
$6.14
52-Week Range
$4.85
Now: $6.20
$7.50
Volume84,836 shs
Average Volume93,549 shs
Market Capitalization$254.63 million
P/E RatioN/A
Dividend Yield5.15%
Beta0.21
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. MFS Municipal Income Trust was founded in November 25, 1986 and and is domiciled in United States.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.8Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.89 out of 5 stars


Industry, Sector and Symbol

Industry Investment offices, not elsewhere classified
Sub-IndustryN/A
SectorFinance
CUSIPN/A
WebN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Market Cap$254.63 million
Next Earnings DateN/A
OptionableNot Optionable

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MFS Municipal Income Trust (NYSE:MFM) Frequently Asked Questions

How has MFS Municipal Income Trust's stock been impacted by COVID-19 (Coronavirus)?

MFS Municipal Income Trust's stock was trading at $6.63 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MFM shares have decreased by 6.5% and is now trading at $6.20. View which stocks have been most impacted by Coronavirus.

How often does MFS Municipal Income Trust pay dividends? What is the dividend yield for MFS Municipal Income Trust?

MFS Municipal Income Trust announced a monthly dividend on Tuesday, May 5th. Investors of record on Wednesday, May 13th will be given a dividend of $0.026 per share on Friday, May 29th. This represents a $0.31 dividend on an annualized basis and a dividend yield of 5.03%. The ex-dividend date is Tuesday, May 12th. This is a positive change from MFS Municipal Income Trust's previous monthly dividend of $0.02. View MFS Municipal Income Trust's dividend history.

Has MFS Municipal Income Trust been receiving favorable news coverage?

Press coverage about MFM stock has trended extremely negative this week, InfoTrie Sentiment reports. The research firm ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. MFS Municipal Income Trust earned a media sentiment score of -4.3 on InfoTrie's scale. They also gave media coverage about the closed-end fund a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutMFS Municipal Income Trust.

Who are some of MFS Municipal Income Trust's key competitors?

What other stocks do shareholders of MFS Municipal Income Trust own?

Who are MFS Municipal Income Trust's key executives?

MFS Municipal Income Trust's management team includes the following people:
  • Ms. Robin Ann Stelmach, Pres and Trustee (Age 58)
  • Mr. Timothy Manning Fagan, Chief Compliance Officer (Age 51)
  • Mr. Geoffrey L. Schechter CFA, CPA, Portfolio Mang.
  • Mr. David L. DiLorenzo, Treasurer (Age 50)
  • Mr. James O. Yost, Deputy Treasurer (Age 59)

What is MFS Municipal Income Trust's stock symbol?

MFS Municipal Income Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "MFM."

Who are MFS Municipal Income Trust's major shareholders?

MFS Municipal Income Trust's stock is owned by a number of institutional and retail investors. Top institutional investors include Wells Fargo & Company MN (2.18%), Mackay Shields LLC (0.81%), Janney Montgomery Scott LLC (0.51%), Edmonds Duncan Registered Investment Advisors LLC (0.47%), Morgan Stanley (0.44%) and UBS Group AG (0.43%). View institutional ownership trends for MFS Municipal Income Trust.

Which major investors are selling MFS Municipal Income Trust stock?

MFM stock was sold by a variety of institutional investors in the last quarter, including Mackay Shields LLC, Robinson Capital Management LLC, Invesco Ltd., Private Advisor Group LLC, Van ECK Associates Corp, Raymond James Financial Services Advisors Inc., and Partnervest Advisory Services LLC. View insider buying and selling activity for MFS Municipal Income Trust.

Which major investors are buying MFS Municipal Income Trust stock?

MFM stock was purchased by a variety of institutional investors in the last quarter, including Advisor Group Holdings Inc., Northwestern Mutual Wealth Management Co., CNH Partners LLC, Janney Montgomery Scott LLC, Wells Fargo & Company MN, Morgan Stanley, HighTower Advisors LLC, and Edmonds Duncan Registered Investment Advisors LLC. View insider buying and selling activity for MFS Municipal Income Trust.

How do I buy shares of MFS Municipal Income Trust?

Shares of MFM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is MFS Municipal Income Trust's stock price today?

One share of MFM stock can currently be purchased for approximately $6.20.

How big of a company is MFS Municipal Income Trust?

MFS Municipal Income Trust has a market capitalization of $254.63 million.

This page was last updated on 5/31/2020 by MarketBeat.com Staff

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