Mfs Muni Inc Tr (NYSE:MFM) Declares Monthly Dividend of $0.03

Mfs Muni Inc Tr (NYSE:MFM) declared a monthly dividend on Friday, September 11th. Shareholders of record on Tuesday, September 22nd will be given a dividend of 0.03 per share by the closed-end fund on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 7.0%. The ex-dividend date is Tuesday, September 22nd.

Mfs Muni Inc Tr Stock Performance

Shares of NYSE:MFM opened at $5.11 on Friday. The firm has a 50 day moving average of $5.37 and a 200-day moving average of $5.41. Mfs Muni Inc Tr has a 12 month low of $5.08 and a 12 month high of $5.67.

About Mfs Muni Inc Tr

MFS Municipal Income Trust is a closed-end management investment company listed on the New York Stock Exchange under the symbol MFM. The fund seeks to provide current income that is exempt from federal income tax by investing primarily in municipal bonds and other municipal securities.

The trust’s portfolio may include obligations issued by states, municipalities and other governmental entities, as well as securities issued to finance public infrastructure and essential services. Its investments generally span municipal issuers across the United States, with portfolio composition and geographic exposure changing over time based on market conditions and the fund’s investment strategy.

MFS Municipal Income Trust is managed by MFS Investment Management, an investment management firm that provides portfolio management and related services to mutual funds, closed-end funds and other institutional and individual investors.