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

$5.83

-0.03 (-0.51 %)

(As of 06/4/2020 09:45 AM ET)

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Today's Range

$5.83

Now: $5.83▼

$5.83

50-Day Range

$5.15

MA: $5.45▼

$5.74

52-Week Range

$3.72

Now: $5.83▼

$6.39

Volume1,321 shs

Average Volume144,179 shs

Market Capitalization$374.85 million

P/E RatioN/A

Dividend Yield8.53%

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.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for MFS Multimarket Income Trust.

2.5 Community Rank

Outperform Votes
MFS Multimarket Income Trust has received 148 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
MFS Multimarket Income Trust has received 148 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
MFS Multimarket Income Trust has received 50.00% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about MFS Multimarket Income Trust and other stocks. Vote “Outperform” if you believe MMT will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MMT will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
MFS Multimarket Income Trust is a leading dividend payer. It pays a dividend yield of 8.53%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
MFS Multimarket Income Trust does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, MFS Multimarket Income Trust insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 12.08% of the stock of MFS Multimarket Income Trust is held by institutions.

0.0 Earnings and Valuation

Overall Beat the Market Rank^™

0.83 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Investment offices, not elsewhere classified

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:MMT

Previous Symbol

CUSIPN/A

CIK809173

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 / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding Shares64,250,000

Market Cap$374.85 million

Next Earnings DateN/A

OptionableNot Optionable

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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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MMT stock has increased by 6.9% and is now trading at $5.8343. 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 announced a monthly dividend on Monday, June 1st. Investors of record on Wednesday, June 17th will be given a dividend of $0.039 per share on Tuesday, June 30th. This represents a $0.47 annualized dividend and a dividend yield of 8.02%. The ex-dividend date of this dividend is Tuesday, June 16th. This is a positive change 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?

Media stories about MMT stock have trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. 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 media sentiment score of -1.0 on InfoTrie's scale. They also gave news coverage about the closed-end fund a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutMFS Multimarket Income Trust.

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

Some companies that are related to MFS Multimarket Income Trust include PIMCO Corporate&Income Opportunity Fund (PTY), Tri-Continental (TY), Gabelli Equity Trust (GAB), Royce Value Trust (RVT), Hercules Capital (HTGC), Liberty All-Star Equity Fund (USA), Boulder Growth & Income Fund (BIF), Tortoise Energy Infrastructure (TYG), AllianceBernstein Global Hgh Incm Fd (AWF), Tekla Healthcare Investors (HQH), Blackrock Muniyield Insured Fund (MYI), Invesco Van Kampen Munpl Oprtnty Tr (VMO), General American Investors (GAM), Templeton Global Income Fund (GIM) and Solar Capital (SLRC). View all competitors.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other MFS Multimarket Income Trust investors own include Meet Group (MEET), Invesco S&P 500 Low Volatility ETF (SPLV), iShares Edge MSCI Min Vol USA ETF (USMV), Flaherty&Crumrine Prfrd Scts Incm Fd (FFC), Putnam Premier Income Trust (PPT), Linn Energy (LINEQ), Skyworks Solutions (SWKS), AbbVie (ABBV), Fidelity Low Volatility Factor ETF (FDLO) and Gilead Sciences (GILD).

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."

Who are MFS Multimarket Income Trust's major shareholders?

MFS Multimarket Income Trust's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Parametric Portfolio Associates LLC (1.47%), Invesco Ltd. (1.41%), Advisor Group Holdings Inc. (0.93%), Morgan Stanley (0.84%), Morgan Stanley (0.84%) and First Foundation Advisors (0.75%).

Which major investors are selling MFS Multimarket Income Trust stock?

MMT stock was sold by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., MML Investors Services LLC, Cetera Advisor Networks LLC, Mid Atlantic Financial Management Inc. ADV, Benjamin F. Edwards & Company Inc., Point View Wealth Management Inc., Dynamic Advisor Solutions LLC, and Commonwealth Equity Services LLC.

Which major investors are buying MFS Multimarket Income Trust stock?

MMT stock was bought by a variety of institutional investors in the last quarter, including Advisor Group Holdings Inc., Saba Capital Management L.P., Shaker Financial Services LLC, Invesco Ltd., Morgan Stanley, Morgan Stanley, Wells Fargo & Company MN, and RMB Capital Management LLC.

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 $5.83.

How big of a company is MFS Multimarket Income Trust?

MFS Multimarket Income Trust has a market capitalization of $374.85 million.

This page was last updated on 6/4/2020 by MarketBeat.com Staff