MFS Municipal Income Trust Stock Price, News & Analysis (NYSE:MFM)

$6.63 0.00 (0.00 %)
(As of 02/23/2018 09:55 AM ET)
Previous Close$6.63
Today's Range$6.63 - $6.63
52-Week Range$6.57 - $7.41
Volume2,211 shs
Average Volume112,689 shs
Market Capitalization$271.02 million
P/E RatioN/A
Dividend Yield5.86%
Beta-0.08

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).

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Industry, Sector and Symbol

Industry Closed End Funds
Sub-IndustryN/A
SectorFinance
SymbolNYSE:MFM
CUSIPN/A
WebN/A
PhoneN/A

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSN/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares41,190,000

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 announced a monthly dividend on Friday, February 2nd. Shareholders of record on Wednesday, February 14th will be paid a dividend of $0.0305 per share on Wednesday, February 28th. This represents a $0.37 annualized dividend and a yield of 5.52%. The ex-dividend date of this dividend is Tuesday, February 13th. View MFS Municipal Income Trust's Dividend History.

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

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)

Who owns MFS Municipal Income Trust stock?

MFS Municipal Income Trust's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders 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.

Who sold MFS Municipal Income Trust stock? Who is selling MFS Municipal Income Trust stock?

MFS Municipal Income Trust's stock was sold by a variety of institutional investors in the last quarter, including Guggenheim Capital LLC and Private Advisor Group LLC. View Insider Buying and Selling for MFS Municipal Income Trust.

Who bought MFS Municipal Income Trust stock? Who is buying MFS Municipal Income Trust stock?

MFS Municipal Income Trust's stock was bought by a variety of institutional investors in the last quarter, including Mackay Shields LLC, Wells Fargo & Company MN, Doliver Capital Advisors LP and Advisor Group Inc.. View Insider Buying and Selling for MFS Municipal Income Trust.

How do I buy MFS Municipal Income Trust stock?

Shares of MFS Municipal Income Trust 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 MFS Municipal Income Trust stock can currently be purchased for approximately $6.63.

How big of a company is MFS Municipal Income Trust?

MFS Municipal Income Trust has a market capitalization of $271.02 million.


MarketBeat Community Rating for MFS Municipal Income Trust (MFM)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  46 (Vote Outperform)
Underperform Votes:  33 (Vote Underperform)
Total Votes:  79
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.

Analyst Ratings

MFS Municipal Income Trust (NYSE:MFM) Analyst Ratings History


No equities research coverage for this company has been tracked by MarketBeat

Earnings

Earnings History for MFS Municipal Income Trust (NYSE:MFM)


No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

MFS Municipal Income Trust (NYSE:MFM) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

MFS Municipal Income Trust (NYSE:MFM) Dividend Information

Next Dividend:2/28/2018
Annual Dividend:$0.39
Dividend Yield:5.88%
Dividend Growth:1.60% (3 Year Average)
Payout Ratio:
Frequency:Monthly Dividend
Dividend Payments by Quarter for MFS Municipal Income Trust (NYSE:MFM)

MFS Municipal Income Trust (NYSE:MFM) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/2/2018monthly$0.035.46%2/13/20182/14/20182/28/2018
1/3/2018monthly$0.035.5%1/16/20181/17/20181/31/2018
12/4/2017monthly$0.035.5%12/19/201712/20/201712/29/2017
11/2/2017monthly$0.035.49%11/14/201711/15/201711/30/2017
10/3/2017monthly$0.035.43%10/17/201710/18/201710/31/2017
9/5/2017monthly$0.035.45%9/12/20179/13/20179/29/2017
8/2/2017monthly$0.035.43%8/15/20178/17/20178/31/2017
7/5/2017monthly$0.035.54%7/18/20177/20/20177/31/2017
6/2/2017monthly$0.035.48%6/13/20176/15/20176/30/2017
5/2/2017monthly$0.035.61%5/16/20175/18/20175/31/2017
4/4/2017monthly$0.035.41%4/18/20174/20/20174/28/2017
3/2/2017monthly$0.035.6%3/14/20173/16/20173/31/2017
2/2/2017monthly$0.035.39%2/14/20172/16/20172/28/2017
1/4/2017monthly$0.035.51%1/17/20171/19/20171/31/2017
7/2/2015monthly$0.036.18%7/14/20157/16/20157/31/2015
6/2/2015monthly$0.036.17%6/16/20156/18/20156/30/2015
5/4/2015monthly$0.035.95%5/12/20155/14/20155/29/2015
3/3/2015monthly$0.035.89%3/17/20153/19/20153/31/2015
2/3/2015monthly$0.035.53%2/17/20152/19/20152/27/2015
1/5/2015monthly$0.035.81%1/13/20151/15/20151/30/2015
12/2/2014monthly$0.036.06%12/16/201412/18/201412/31/2014
11/4/2014monthly$0.036.03%11/18/201411/20/201411/28/2014
10/2/2014monthly$0.036.06%10/14/201410/16/201410/31/2014
9/3/2014monthly$0.036.13%9/16/20149/18/20149/30/2014
8/4/2014monthly$0.036.22%8/12/20148/14/20148/29/2014
(Data available from 1/1/2013 forward)

Insider Trades

MFS Municipal Income Trust (NYSE MFM) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 0.75%
Institutional Ownership Percentage: 12.20%
Insider Trades by Quarter for MFS Municipal Income Trust (NYSE:MFM)
Insider Trades by Quarter for MFS Municipal Income Trust (NYSE:MFM)

MFS Municipal Income Trust (NYSE MFM) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
7/23/2014Maryanne L RoepkeDirectorBuy1,862$6.49$12,084.38View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

MFS Municipal Income Trust (NYSE MFM) News Headlines

Source:
DateHeadline
MFS Municipal Income Trust (MFM) Plans $0.03 Monthly DividendMFS Municipal Income Trust (MFM) Plans $0.03 Monthly Dividend
www.americanbankingnews.com - February 2 at 7:42 PM
5% Dividends, $0 in Tax: Here’s How5% Dividends, $0 in Tax: Here’s How
finance.yahoo.com - January 22 at 4:07 PM
MFS Municipal Income Trust (MFM) Declares Monthly Dividend of $0.03MFS Municipal Income Trust (MFM) Declares Monthly Dividend of $0.03
www.americanbankingnews.com - January 3 at 8:36 PM
MFS Municipal Income Trust (MFM) Declares $0.03 Monthly DividendMFS Municipal Income Trust (MFM) Declares $0.03 Monthly Dividend
www.americanbankingnews.com - November 2 at 7:28 PM
MFS Municipal Income Trust (MFM) to Issue Monthly Dividend of $0.03MFS Municipal Income Trust (MFM) to Issue Monthly Dividend of $0.03
www.americanbankingnews.com - October 3 at 7:50 PM
MFS Municipal Income Trust (MFM) to Issue $0.03 Monthly DividendMFS Municipal Income Trust (MFM) to Issue $0.03 Monthly Dividend
www.americanbankingnews.com - September 5 at 9:44 PM
MFS Municipal Income Trust Announces Monthly Dividend of $0.03 (MFM)MFS Municipal Income Trust Announces Monthly Dividend of $0.03 (MFM)
www.americanbankingnews.com - August 2 at 6:26 PM
MFS Municipal Income Trust (NYSE:MFM) Declares Monthly Dividend of $0.03MFS Municipal Income Trust (NYSE:MFM) Declares Monthly Dividend of $0.03
www.americanbankingnews.com - July 5 at 10:20 PM
Form NSAR-B MFS HIGH INCOME MUNICIPA For: Nov 30Form NSAR-B MFS HIGH INCOME MUNICIPA For: Nov 30
www.streetinsider.com - January 26 at 12:57 AM
MFS High Income Municipal Trust goes ex-dividend todayMFS High Income Municipal Trust goes ex-dividend today
seekingalpha.com - September 21 at 10:14 AM
Secure Funds with Tax-Equivalent Yields of 10% or HigherSecure Funds with Tax-Equivalent Yields of 10% or Higher
www.forbes.com - June 17 at 5:58 PM
4 Fantastic Closed-End Muni Bond Funds to Boost Your Income4 Fantastic Closed-End Muni Bond Funds to Boost Your Income
www.thestreet.com - November 15 at 12:15 PM

SEC Filings

MFS Municipal Income Trust (NYSE:MFM) SEC Filings

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Social Media

Financials

Financials are not available for this stock.

Chart

MFS Municipal Income Trust (NYSE MFM) Stock Chart for Friday, February, 23, 2018

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This page was last updated on 2/23/2018 by MarketBeat.com Staff

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