Two Sigma Securities LLC Takes $103,000 Position in MFS Multimarket Income Trust (NYSE:MMT)

Two Sigma Securities LLC acquired a new position in MFS Multimarket Income Trust (NYSE:MMT) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 21,976 shares of the closed-end fund’s stock, valued at approximately $103,000.

Several other institutional investors have also bought and sold shares of MMT. Allspring Global Investments Holdings LLC lifted its stake in shares of MFS Multimarket Income Trust by 0.6% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 3,270,086 shares of the closed-end fund’s stock worth $15,337,000 after acquiring an additional 18,751 shares during the period. Raymond James Financial Inc. acquired a new stake in MFS Multimarket Income Trust in the fourth quarter worth approximately $3,922,000. Invesco Ltd. boosted its stake in MFS Multimarket Income Trust by 2.6% during the 4th quarter. Invesco Ltd. now owns 692,046 shares of the closed-end fund’s stock valued at $3,246,000 after purchasing an additional 17,284 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of MFS Multimarket Income Trust by 33.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 367,292 shares of the closed-end fund’s stock valued at $1,723,000 after purchasing an additional 92,815 shares during the period. Finally, 1607 Capital Partners LLC raised its stake in shares of MFS Multimarket Income Trust by 84.7% in the 4th quarter. 1607 Capital Partners LLC now owns 366,188 shares of the closed-end fund’s stock worth $1,717,000 after buying an additional 167,961 shares in the last quarter. Institutional investors and hedge funds own 18.97% of the company’s stock.

MFS Multimarket Income Trust Price Performance

NYSE:MMT opened at $4.61 on Friday. MFS Multimarket Income Trust has a 52-week low of $4.31 and a 52-week high of $4.90. The business’s 50-day moving average price is $4.57 and its 200 day moving average price is $4.65.

MFS Multimarket Income Trust Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th were given a $0.0335 dividend. The ex-dividend date of this dividend was Tuesday, April 15th. This represents a $0.40 annualized dividend and a yield of 8.71%.

MFS Multimarket Income Trust Profile

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.