Point View Wealth Management Inc. Lowers Position in MFS Multimarket Income Trust (NYSE:MMT)

Point View Wealth Management Inc. cut its position in shares of MFS Multimarket Income Trust (NYSE:MMT) by 8.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 70,241 shares of the closed-end fund’s stock after selling 6,346 shares during the quarter. Point View Wealth Management Inc. owned about 0.11% of MFS Multimarket Income Trust worth $430,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Dynamic Advisor Solutions LLC grew its stake in MFS Multimarket Income Trust by 2.0% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 89,155 shares of the closed-end fund’s stock worth $546,000 after purchasing an additional 1,782 shares during the period. Lakeview Capital Partners LLC grew its position in shares of MFS Multimarket Income Trust by 14.4% in the 3rd quarter. Lakeview Capital Partners LLC now owns 17,515 shares of the closed-end fund’s stock worth $104,000 after buying an additional 2,200 shares during the period. Commonwealth Equity Services LLC grew its position in shares of MFS Multimarket Income Trust by 8.2% in the 3rd quarter. Commonwealth Equity Services LLC now owns 29,841 shares of the closed-end fund’s stock worth $176,000 after buying an additional 2,271 shares during the period. Raymond James Trust N.A. grew its position in shares of MFS Multimarket Income Trust by 16.2% in the 3rd quarter. Raymond James Trust N.A. now owns 17,964 shares of the closed-end fund’s stock worth $106,000 after buying an additional 2,500 shares during the period. Finally, Cambridge Investment Research Advisors Inc. increased its stake in shares of MFS Multimarket Income Trust by 10.5% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 40,863 shares of the closed-end fund’s stock worth $250,000 after acquiring an additional 3,867 shares in the last quarter. Institutional investors own 11.65% of the company’s stock.

Shares of MFS Multimarket Income Trust stock remained flat at $$6.25 during trading on Friday. 4,509 shares of the company traded hands, compared to its average volume of 185,203. MFS Multimarket Income Trust has a 52 week low of $5.54 and a 52 week high of $6.39. The business’s 50 day moving average price is $6.23 and its two-hundred day moving average price is $6.03.

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Wednesday, February 19th will be paid a dividend of $0.043 per share. This represents a $0.52 annualized dividend and a yield of 8.26%. The ex-dividend date of this dividend is Tuesday, February 18th.

About MFS Multimarket Income Trust

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.

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

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