MFS Municipal Income Trust (MFM) Getting Somewhat Positive Media Coverage, Study Shows
Press coverage about MFS Municipal Income Trust (NYSE:MFM) has trended somewhat positive on Sunday, according to Accern. Accern rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. MFS Municipal Income Trust earned a news impact score of 0.11 on Accern’s scale. Accern also assigned media stories about the closed-end fund an impact score of 47.2051536008365 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
MFS Municipal Income Trust (NYSE MFM) opened at 7.16 on Friday. MFS Municipal Income Trust has a 12 month low of $6.51 and a 12 month high of $7.49. The company has a 50 day moving average price of $7.25 and a 200 day moving average price of $7.09.
The company also recently announced a monthly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Thursday, August 17th will be given a $0.033 dividend. This represents a $0.40 annualized dividend and a dividend yield of 5.53%. The ex-dividend date is Tuesday, August 15th.
About MFS Municipal Income Trust
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.
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