Media headlines about MFS Municipal Income Trust (NYSE:MFM) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. MFS Municipal Income Trust earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news articles about the closed-end fund an impact score of 45.4914029419154 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
MFS Municipal Income Trust (NYSE:MFM) opened at $6.92 on Monday. MFS Municipal Income Trust has a 52-week low of $6.59 and a 52-week high of $7.41.
The firm also recently announced a monthly dividend, which will be paid on Friday, December 29th. Investors of record on Wednesday, December 20th will be given a $0.0315 dividend. This represents a $0.38 dividend on an annualized basis and a yield of 5.46%. The ex-dividend date is Tuesday, December 19th.
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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