Log in

NYSE:MMTMFS Multimarket Income Trust Stock Price, Forecast & News

$5.58
-0.04 (-0.71 %)
(As of 07/1/2020 04:00 PM ET)
Add
Compare
Today's Range
$5.58
Now: $5.58
$5.67
50-Day Range
$5.39
MA: $5.64
$5.86
52-Week Range
$3.72
Now: $5.58
$6.39
Volume142,100 shs
Average Volume248,579 shs
Market Capitalization$358.50 million
P/E RatioN/A
Dividend Yield8.96%
Beta0.64
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. and foreign issuers, corporate bonds of U.S. and foreign issuers, and debt instruments of issuers located in emerging market countries with an average duration of 5.1 years. The fund employs fundamental analysis with bottom-up stock picking approach while focusing on factors such as underlying credit quality, collateral characteristics, and indenture provisions, and the issuer's management ability, capital structure, leverage, and ability to meet its current obligations. It seeks to benchmarks the performance of its portfolio against a combination of the Citigroup World Government Bond Non-Dollar Hedged Index, JPMorgan Emerging Markets Bond Index Global, Lehman Brothers U.S. Credit Bond Index, Lehman Brothers U.S. Government/Mortgage Bond Index, and Lehman Brothers U.S. High-Yield Corporate Bond Index. MFS Multimarket Income Trust was formed on March 12, 1987 and is domiciled in the Unites States.
Read More

Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.83 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$358.50 million
Next Earnings DateN/A
OptionableNot Optionable

Receive MMT News and Ratings via Email

Sign-up to receive the latest news and ratings for MMT and its competitors with MarketBeat's FREE daily newsletter.

MFS Multimarket Income Trust (NYSE:MMT) Frequently Asked Questions

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

MFS Multimarket Income Trust's stock was trading at $5.46 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MMT shares have increased by 2.2% and is now trading at $5.58. View which stocks have been most impacted by Coronavirus.

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

MFS Multimarket Income Trust declared a monthly dividend on Monday, June 1st. Stockholders of record on Wednesday, June 17th will be paid a dividend of $0.039 per share on Tuesday, June 30th. This represents a $0.47 dividend on an annualized basis and a dividend yield of 8.39%. The ex-dividend date of this dividend is Tuesday, June 16th. This is a boost from MFS Multimarket Income Trust's previous monthly dividend of $0.04. View MFS Multimarket Income Trust's dividend history.

Has MFS Multimarket Income Trust been receiving favorable news coverage?

Headlines about MMT stock have trended very negative this week, InfoTrie reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. MFS Multimarket Income Trust earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave news stories about the closed-end fund a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news about MFS Multimarket Income Trust.

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

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

Who are MFS Multimarket Income Trust's key executives?

MFS Multimarket Income Trust's management team includes the following people:
  • Ms. Robin Ann Stelmach, Pres and Trustee (Age 58)
  • Mr. Frank L. Tarantino, Independent Chief Compliance Officer (Age 75)
  • Mr. David L. DiLorenzo, Treasurer (Age 50)
  • Mr. James O. Yost, Deputy Treasurer (Age 59)
  • Ms. Susan A. Pereira, Assistant Sec. and Assistant Clerk (Age 48)

What is MFS Multimarket Income Trust's stock symbol?

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

How do I buy shares of MFS Multimarket Income Trust?

Shares of MMT 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 Multimarket Income Trust's stock price today?

One share of MMT stock can currently be purchased for approximately $5.58.

How big of a company is MFS Multimarket Income Trust?

MFS Multimarket Income Trust has a market capitalization of $358.50 million.

This page was last updated on 7/2/2020 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

  • Best-in-Class Portfolio Monitoring

    View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

  • Stock Ideas and Recommendations

    Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

  • Advanced Stock Screeners and Research Tools

    Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.