MFS Multimarket Income Trust (MMT) To Go Ex-Dividend on November 18th

MFS Multimarket Income Trust (NYSE:MMT) announced a monthly dividend on Monday, November 3rd. Shareholders of record on Tuesday, November 18th will be given a dividend of 0.0339 per share by the closed-end fund on Friday, November 28th. This represents a c) dividend on an annualized basis and a dividend yield of 8.7%. The ex-dividend date is Tuesday, November 18th.

MFS Multimarket Income Trust Stock Up 0.1%

Shares of NYSE:MMT opened at $4.70 on Friday. MFS Multimarket Income Trust has a 1 year low of $4.31 and a 1 year high of $4.87. The stock’s fifty day moving average price is $4.75 and its 200-day moving average price is $4.69.

Institutional Trading of MFS Multimarket Income Trust

Institutional investors have recently made changes to their positions in the stock. Readystate Asset Management LP raised its holdings in shares of MFS Multimarket Income Trust by 165.7% during the first quarter. Readystate Asset Management LP now owns 77,598 shares of the closed-end fund’s stock valued at $361,000 after purchasing an additional 48,392 shares during the last quarter. Cetera Investment Advisers grew its position in MFS Multimarket Income Trust by 6.3% in the 1st quarter. Cetera Investment Advisers now owns 187,540 shares of the closed-end fund’s stock worth $872,000 after purchasing an additional 11,066 shares during the period. LPL Financial LLC raised its stake in MFS Multimarket Income Trust by 5.9% during the 1st quarter. LPL Financial LLC now owns 465,133 shares of the closed-end fund’s stock valued at $2,163,000 after buying an additional 25,828 shares during the last quarter. Shaker Financial Services LLC lifted its holdings in shares of MFS Multimarket Income Trust by 14.7% during the 1st quarter. Shaker Financial Services LLC now owns 309,055 shares of the closed-end fund’s stock valued at $1,437,000 after buying an additional 39,554 shares during the period. Finally, Wolverine Asset Management LLC bought a new position in shares of MFS Multimarket Income Trust during the 1st quarter valued at $74,000. Hedge funds and other institutional investors own 18.97% of the company’s stock.

MFS Multimarket Income Trust Company 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.