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

$5.62
+0.05 (+0.90 %)
(As of 05/27/2020 04:00 PM ET)
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Today's Range
$5.59
Now: $5.62
$5.62
50-Day Range
$4.91
MA: $5.38
$5.58
52-Week Range
$3.72
Now: $5.62
$6.39
Volume181,341 shs
Average Volume271,890 shs
Market Capitalization$361.07 million
P/E RatioN/A
Dividend Yield8.98%
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.
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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$361.07 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 reached pandemic status according to the World Health Organization. Since then, MMT stock has increased by 2.9% and is now trading at $5.62. 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 Friday, May 1st. Stockholders of record on Wednesday, May 13th will be given a dividend of $0.038 per share on Friday, May 29th. This represents a $0.46 annualized dividend and a yield of 8.11%. The ex-dividend date is Tuesday, May 12th. 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 positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press 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 news sentiment score of 2.4 on InfoTrie's scale. They also gave news headlines 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 company's share price in the next few days. View the latest news aboutMFS 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."

Who are MFS Multimarket Income Trust's major shareholders?

MFS Multimarket Income Trust's stock is owned by many different institutional and retail investors. Top institutional investors 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 acquired 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 $5.62.

How big of a company is MFS Multimarket Income Trust?

MFS Multimarket Income Trust has a market capitalization of $361.07 million.

This page was last updated on 5/28/2020 by MarketBeat.com Staff

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