About MFS Municipal Income Trust (NYSE:MFM)
MFS Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to seek high current income exempt from federal income tax, but may also consider capital appreciation. The Fund invests, under normal market conditions, approximately 80% of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in municipal bonds. These municipal bonds include debt securities issued by or on behalf of states, territories, possessions of the United States, District of Columbia, and their political subdivisions, agencies or instrumentalities. The Fund invests in industries, including healthcare, tobacco, water and sewer utility, universities-colleges and universities-secondary schools. It has investments in areas, including Alabama, Alaska, Arizona, California, Colorado and Florida. The Fund's investment advisor is Massachusetts Financial Services Company (MFS).
Industry, Sector and Symbol
Industry INVESTMENT FUNDS
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Price / SalesN/A
Price / CashN/A
Price / BookN/A
Return on EquityN/A
Return on AssetsN/A
MFS Municipal Income Trust (NYSE:MFM) Frequently Asked Questions
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."
How often does MFS Municipal Income Trust pay dividends? What is the dividend yield for MFS Municipal Income Trust?
MFS Municipal Income Trust declared a monthly dividend on Friday, March 2nd. Shareholders of record on Wednesday, March 14th will be given a dividend of $0.0305 per share on Thursday, March 29th. This represents a $0.37 dividend on an annualized basis and a yield of 5.62%. The ex-dividend date is Tuesday, March 13th. View MFS Municipal Income Trust's Dividend History.
Who are some of MFS Municipal Income Trust's key competitors?
Some companies that are related to MFS Municipal Income Trust include Altisource Residential (RESI), Blue Hills Bancorp (BHBK), OFG Bancorp (OFG), Moneygram International (MGI), NexPoint Residential Trust (NXRT), Hometrust Bancshares (HTBI), Gladstone Commercial (GOOD), Independent Bank Co.(MI) (IBCP), Waterstone Financial (WSBF), Global Indemnity (GBLI), Green Brick Partners (GRBK), First Community Bancshares (FCBC), Bank of Marin Bancorp (BMRC), Altisource Portfolio Solutions (ASPS), Pennantpark Floating Rate Capital (PFLT), Financial Institutions (FISI), AG Mortgage Investment (MITT) and United Community Financial (UCFC).
Who are MFS Municipal Income Trust's key executives?
MFS Municipal Income Trust's management team includes the folowing people:
- David H. Gunning, Independent Chairman of the Board of Trustees (Age 74)
- Robin A. Stelmach, President and Trustee (Age 54)
- Martin J. Wolin, Chief Compliance Officer (Age 47)
- David L. DiLorenzo, Treasurer (Age 47)
- James O. Yost, Deputy Treasurer (Age 55)
- Kino Clark, Assistant Treasurer (Age 47)
- Kenneth Paek, Assistant Treasurer (Age 41)
- Kasey L. Philips, Assistant Treasurer (Age 45)
- Frank L. Tarantino, Independent Senior Officer (Age 71)
- Mark N. Polebaum, Secretary and Clerk (Age 63)
Has MFS Municipal Income Trust been receiving favorable news coverage?
News headlines about MFM stock have trended somewhat positive on Monday, Accern Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. MFS Municipal Income Trust earned a news impact score of 0.10 on Accern's scale. They also assigned media headlines about the closed-end fund an impact score of 46.58 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
Who are MFS Municipal Income Trust's major shareholders?
MFS Municipal Income Trust's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Wells Fargo & Company MN (2.63%), Guggenheim Capital LLC (2.12%), Mackay Shields LLC (1.05%), Doliver Capital Advisors LP (0.10%), Private Advisor Group LLC (0.05%) and Advisor Group Inc. (0.05%). View Institutional Ownership Trends for MFS Municipal Income Trust.
Which major investors are selling MFS Municipal Income Trust stock?
Which major investors are buying MFS Municipal Income Trust stock?
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, Scottrade, 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 $6.51.
How big of a company is MFS Municipal Income Trust?
MFS Municipal Income Trust has a market capitalization of $271.84 million.
MarketBeat Community Rating for MFS Municipal Income Trust (MFM)MarketBeat's community ratings are surveys of what our community members think about MFS Municipal Income Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
MFS Municipal Income Trust (NYSE:MFM) Analyst Ratings History
No equities research coverage for this company has been tracked by MarketBeat
Earnings History for MFS Municipal Income Trust (NYSE:MFM)
No earnings announcements for this company have been tracked by MarketBeat.com
MFS Municipal Income Trust (NYSE:MFM) Earnings Estimates
No earnings estimates for this company have been tracked by MarketBeat.com
MFS Municipal Income Trust (NYSE:MFM) Dividend Information
|Dividend Growth:||1.60% (3 Year Average)|
MFS Municipal Income Trust (NYSE:MFM) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
MFS Municipal Income Trust (NYSE MFM) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.75%
Institutional Ownership Percentage: 12.62%
MFS Municipal Income Trust (NYSE MFM) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|7/23/2014||Maryanne L Roepke||Director||Buy||1,862||$6.49||$12,084.38|| |
MFS Municipal Income Trust (NYSE MFM) News Headlines
MFS Municipal Income Trust (NYSE:MFM) SEC Filings
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Financials are not available for this stock.
MFS Municipal Income Trust (NYSE MFM) Stock Chart for Monday, March, 19, 2018