MFS Multimarket Income Trust (NYSE:MMT) is expected to pay $0.05 on Oct 31, 2016. The indicated annual dividend is $0.53. Shareholders owning the stock before Oct 18, 2016 will be eligible to receive the payout. Based on MFS Multimarket Income Trust’s current price of $5.98, the dividend is 0.75%. This dividend’s record date is Oct 20, 2016 and the announcement date is Oct 4, 2016. The stock last traded at $5.98 per share. It is down 3.64% since March 14, 2016 and is uptrending. It has underperformed by 1.97% the S&P500.
MFS Multimarket Income Trust is a diversified closed-end fund. The company has a market cap of $450.08 million. The Fund’s investment objective is to seek high current income, but may also consider capital appreciation. It currently has negative earnings. The Fund invests at least 80% of its net assets in fixed income securities.
Insitutional Activity: The institutional sentiment decreased to 0.84 in Q2 2016. Its down 0.20, from 1.04 in 2016Q1. The ratio worsened, as 6 funds sold all MFS Multimarket Income Trust shares owned while 19 reduced positions. 6 funds bought stakes while 15 increased positions. They now own 20.08 million shares or 7.05% less from 21.60 million shares in 2016Q1.
Delta Asset Mngmt Ltd Llc Tn last reported 4,900 shares in the company. Cordasco Financial Networks has 0% invested in the company for 100 shares. Blackrock Advisors Limited Liability Com accumulated 0% or 126,569 shares. Lpl Fincl Lc holds 0.01% of its portfolio in MFS Multimarket Income Trust (NYSE:MMT) for 179,375 shares. Landscape Mgmt Limited Liability Co holds 0.43% or 540,652 shares in its portfolio. The Ohio-based Fifth Third Retail Bank has invested 0% in MFS Multimarket Income Trust (NYSE:MMT). Carroll Fincl Associates holds 1,000 shares or 0% of its portfolio. Ancora Advsr Limited Liability accumulated 0.07% or 100,000 shares. Hoertkorn Richard Charles holds 0.12% or 24,000 shares in its portfolio. Morgan Stanley has 1.12 million shares for 0% of their US portfolio. Blb&B Advsrs Ltd Liability Corp has 0.02% invested in the company for 15,224 shares. The Quebec – Canada-based Fiera Corp has invested 0% in MFS Multimarket Income Trust (NYSE:MMT). Raymond James Associates holds 0% of its portfolio in MFS Multimarket Income Trust (NYSE:MMT) for 199,530 shares. Thompson Siegel & Walmsley Ltd Liability Company last reported 0% of its portfolio in the stock. Us Savings Bank De, a Minnesota-based fund reported 1,700 shares.
More notable recent MFS Multimarket Income Trust (NYSE:MMT) news were published by: Nasdaq.com which released: “MFS Multimarket Income Trust (MMT) Ex-Dividend Date Scheduled for August 16, 2016” on August 15, 2016, also Nasdaq.com with their article: “MFS Multimarket Income Trust (MMT) Ex-Dividend Date Scheduled for September 20 …” published on September 19, 2016, Businesswire.com published: “MFS Releases Closed-End Fund Income Distribution Sources for Certain Funds” on September 26, 2016. More interesting news about MFS Multimarket Income Trust (NYSE:MMT) were released by: Businesswire.com and their article: “MFS Announces Closed-End Fund Distributions” published on September 01, 2016 as well as Businesswire.com‘s news article titled: “MFS Announces Portfolio Management Appointments for Several Closed End Funds” with publication date: November 29, 2012.
MMT Company Profile
MFS Multimarket Income Trust (the Trust) is a closed-end fund and maintains a portfolio that includes investments in investment-grade and high-yield corporate bonds, United States Government securities, and international investment-grade and emerging markets debt securities. The Trust’s investment objective is to seek high-current income, but may also consider capital appreciation. During the fiscal year ended October 31, 2007, shares of the Trust provided a total return of 5.19%, at net asset value, underperforming the Multimarket Income Trust Blended Index, the EMBI Global, Government/Mortgage and United States High-Yield indices.
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