MFS Multimarket Income Trust (MMT) Stake Lessened by Wedbush Securities Inc.

Wedbush Securities Inc. trimmed its holdings in MFS Multimarket Income Trust (NYSE:MMT) by 58.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 81,309 shares of the closed-end fund’s stock after selling 112,590 shares during the quarter. Wedbush Securities Inc. owned about 0.11% of MFS Multimarket Income Trust worth $507,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Janney Montgomery Scott LLC lifted its stake in shares of MFS Multimarket Income Trust by 5.7% in the 2nd quarter. Janney Montgomery Scott LLC now owns 29,863 shares of the closed-end fund’s stock valued at $185,000 after purchasing an additional 1,600 shares during the period. Northstar Wealth Partners LLC lifted its stake in shares of MFS Multimarket Income Trust by 13.7% in the 2nd quarter. Northstar Wealth Partners LLC now owns 17,494 shares of the closed-end fund’s stock valued at $108,000 after purchasing an additional 2,110 shares during the period. Nwam LLC lifted its stake in shares of MFS Multimarket Income Trust by 10.1% in the 2nd quarter. Nwam LLC now owns 74,855 shares of the closed-end fund’s stock valued at $464,000 after purchasing an additional 6,852 shares during the period. Raymond James Financial Services Advisors Inc. lifted its stake in shares of MFS Multimarket Income Trust by 9.8% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 104,282 shares of the closed-end fund’s stock valued at $647,000 after purchasing an additional 9,345 shares during the period. Finally, IFP Advisors Inc lifted its stake in shares of MFS Multimarket Income Trust by 562.5% in the 3rd quarter. IFP Advisors Inc now owns 21,200 shares of the closed-end fund’s stock valued at $132,000 after purchasing an additional 18,000 shares during the period. 20.94% of the stock is currently owned by institutional investors.

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MFS Multimarket Income Trust (MMT) opened at $6.14 on Monday. MFS Multimarket Income Trust has a 52 week low of $5.62 and a 52 week high of $6.29.

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Wednesday, November 15th will be paid a $0.045 dividend. This represents a $0.54 dividend on an annualized basis and a dividend yield of 8.79%. This is an increase from MFS Multimarket Income Trust’s previous monthly dividend of $0.04. The ex-dividend date is Tuesday, November 14th.

MFS Multimarket Income Trust Profile

MFS Multimarket Income Trust (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to seek high current income, but may also consider capital appreciation. The Fund’s investment portfolio includes High Yield Corporates, Investment Grade Corporates, Emerging Markets Bonds, Mortgage-Backed Securities, the United States Government Agencies, Commercial Mortgage-Backed Securities, Floating Rate Loans, Collateralized Debt Obligations, Asset-Backed Securities, the Non-United States Government Bonds and the United States Treasury Securities.

Institutional Ownership by Quarter for MFS Multimarket Income Trust (NYSE:MMT)

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