Dividend Worth Mentioning Today: Forecasted dividends of $0.05 are lurking just around the corner for MFS Multimarket Income Trust (NYSE:MMT) shareholder?

Dividend Worth Mentioning Today: Forecasted dividends of $0.05 are lurking just around the corner for MFS Multimarket Income Trust (NYSE:MMT) shareholder?

MFS Multimarket Income Trust (NYSE:MMT) is expected to pay $0.05 on Nov 30, 2016. The indicated annual dividend is $0.57. Shareholders owning the stock before Nov 15, 2016 will be eligible to receive the payout. Based on MFS Multimarket Income Trust’s current price of $5.76, the dividend is 0.78%. This dividend’s record date is Nov 17, 2016 and the announcement date is Nov 2, 2016. The stock decreased 0.18% or $0.01 on November 11, hitting $5.76. MFS Multimarket Income Trust (NYSE:MMT) has declined 0.69% since April 12, 2016 and is downtrending. It has underperformed by 5.67% the S&P500.

MFS Multimarket Income Trust is a diversified closed-end fund. The company has a market cap of $433.48 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.
Hightower Advisors Ltd Liability owns 348,416 shares or 0.03% of their US portfolio. Saba Capital Ltd Partnership reported 3.28M shares or 1.78% of all its holdings. The New Hampshire-based Ledyard Bankshares has invested 0% in MFS Multimarket Income Trust (NYSE:MMT). Invsts Advisory Svcs accumulated 61,667 shares or 0.07% of the stock. Capital Inv Advisors Limited Liability reported 26,670 shares or 0.02% of all its holdings. Delta Asset Ltd Liability Co Tn holds 4,900 shares or 0.01% of its portfolio. Thompson Siegel And Walmsley Ltd Liability Corp has 0% invested in the company for 1,666 shares. Raymond James Trust Na holds 0.01% or 11,764 shares in its portfolio. Wealthtrust Axiom Limited Com last reported 12,500 shares in the company. Us State Bank De owns 1,700 shares or 0% of their US portfolio. Cordasco Financial Networks has 0% invested in the company for 100 shares. Sit Inv Assoc holds 0.27% of its portfolio in MFS Multimarket Income Trust (NYSE:MMT) for 1.67 million shares. Invesco Limited has invested 0% of its portfolio in MFS Multimarket Income Trust (NYSE:MMT). Ancora Advisors Limited Liability Company has 100,000 shares for 0.07% of their US portfolio. Guggenheim Cap last reported 0% of its portfolio in the stock.

More notable recent MFS Multimarket Income Trust (NYSE:MMT) news were published by: Businesswire.com which released: “MFS Announces Portfolio Management Appointments for Several Closed End Funds” on November 29, 2012, also Seekingalpha.com with their article: “A Global Bond Closed End Fund To Consider And One To Avoid” published on March 13, 2012, Seekingalpha.com published: “The Advantage of Monthly Dividends Over Quarterly Dividends” on July 20, 2011. More interesting news about MFS Multimarket Income Trust (NYSE:MMT) were released by: Seekingalpha.com and their article: “How To Boost Returns In Closed-End Funds (Part 2)” published on April 29, 2016 as well as Forbes.com‘s news article titled: “A Great Seasonal Opportunity” with publication date: December 02, 2013.

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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