MFS Intermediate Income Trust (NYSE:MIN) is expected to pay $0.03 on Nov 30, 2016. The indicated annual dividend is $0.46. Shareholders owning the stock before Nov 15, 2016 will be eligible to receive the payout. Based on MFS Intermediate Income Trust’s current price of $4.40, the dividend is 0.77%. This dividend’s record date is Nov 17, 2016 and the announcement date is Nov 2, 2016. The stock closed at $4.4 during the last session. It is down 4.97% since April 12, 2016 and is downtrending. It has underperformed by 9.95% the S&P500.
MFS Intermediate Income Trust is a diversified closed-end fund. The company has a market cap of $518.05 million. The Fund is an investment company. It currently has negative earnings. The Fund’s investment objective is to seek high current income, but may also consider capital appreciation.
Insitutional Activity: The institutional sentiment increased to 1.18 in Q2 2016. Its up 0.42, from 0.76 in 2016Q1. The ratio is positive, as 8 funds sold all MFS Intermediate Income Trust shares owned while 14 reduced positions. 8 funds bought stakes while 18 increased positions. They now own 30.25 million shares or 1.80% less from 30.80 million shares in 2016Q1.
Brave Asset accumulated 0.08% or 24,300 shares. Karpus Mgmt has invested 1.7% of its portfolio in MFS Intermediate Income Trust (NYSE:MIN). Pineno Levin & Ford Asset Management last reported 52,000 shares in the company. Benchmark Advisors accumulated 69,300 shares or 0.26% of the stock. The New York-based National Asset has invested 0.05% in MFS Intermediate Income Trust (NYSE:MIN). Wfg Advsr Ltd Partnership last reported 0% of its portfolio in the stock. Smith Moore last reported 18,240 shares in the company. Advisory Svcs Network Limited Co has invested 0% of its portfolio in MFS Intermediate Income Trust (NYSE:MIN). Penbrook Lc has 164,853 shares for 0.84% of their US portfolio. Texan Cap Mngmt, a Texas-based fund reported 55,575 shares. Delta Asset Mngmt Lc Tn holds 0% or 3,385 shares in its portfolio. Signalpoint Asset Mngmt Llc last reported 0.02% of its portfolio in the stock. Landscape Capital Mgmt Ltd Liability Co holds 0.07% of its portfolio in MFS Intermediate Income Trust (NYSE:MIN) for 120,933 shares. Concert Wealth Mngmt Inc has 0.01% invested in the company for 19,370 shares. Highlander Mngmt Ltd Com has 400 shares for 0% of their US portfolio.
More important recent MFS Intermediate Income Trust (NYSE:MIN) news were published by: Seekingalpha.com which released: “MFS Intermediate Income Trust Fund: Attractive Low Volatility Bond Fund” on April 07, 2010, also Businesswire.com published article titled: “MFS Announces Portfolio Management Appointments for Several Closed End Funds”, Barrons.com published: “Best Income Ideas for 2015” on January 03, 2015. More interesting news about MFS Intermediate Income Trust (NYSE:MIN) was released by: Seekingalpha.com and their article: “8% Current Income And Stable Principal From A Portfolio Of Closed-End Funds” with publication date: January 03, 2016.
MIN Company Profile
MFS Intermediate Income Trust (the Trust) is a diversified closed-end management investment company. The Trust seeks to preserve capital and provide high current income. It maintains a portfolio that includes investments in short and intermediate-term United States Government and foreign high-grade securities.
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