Wealthsource Partners LLC Decreases Stake in MFS Intermediate Income Trust (MIN)

Wealthsource Partners LLC lowered its position in MFS Intermediate Income Trust (NYSE:MIN) by 27.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 66,730 shares of the financial services provider’s stock after selling 25,100 shares during the period. Wealthsource Partners LLC’s holdings in MFS Intermediate Income Trust were worth $251,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Creative Planning bought a new position in shares of MFS Intermediate Income Trust in the 3rd quarter worth approximately $117,000. Citadel Advisors LLC bought a new position in shares of MFS Intermediate Income Trust in the 2nd quarter worth approximately $132,000. Stephens Inc. AR bought a new position in shares of MFS Intermediate Income Trust in the 2nd quarter worth approximately $135,000. Laurion Capital Management LP bought a new position in shares of MFS Intermediate Income Trust in the 2nd quarter worth approximately $247,000. Finally, Dakota Wealth Management bought a new position in shares of MFS Intermediate Income Trust in the 3rd quarter worth approximately $258,000. 36.20% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE:MIN opened at $3.70 on Friday. MFS Intermediate Income Trust has a 52-week low of $3.62 and a 52-week high of $4.18.

The company also recently announced a monthly dividend, which will be paid on Monday, December 31st. Stockholders of record on Wednesday, December 19th will be given a $0.0285 dividend. This represents a $0.34 annualized dividend and a dividend yield of 9.23%. The ex-dividend date is Tuesday, December 18th.

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MFS Intermediate Income Trust Profile

MFS Intermediate Income Trust is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets across the globe. It primarily invests in debt instruments. The fund seeks to benchmarks the performance of its portfolio against the Barclays Intermediate U.S.

Further Reading: Are analyst ratings accurate?

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Institutional Ownership by Quarter for MFS Intermediate Income Trust (NYSE:MIN)

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