Choreo LLC Has $524,000 Holdings in MFS Municipal Income Trust (NYSE:MFM)

Choreo LLC grew its position in MFS Municipal Income Trust (NYSE:MFM) by 9.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 98,145 shares of the closed-end fund’s stock after purchasing an additional 8,079 shares during the quarter. Choreo LLC’s holdings in MFS Municipal Income Trust were worth $524,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Sanctuary Advisors LLC acquired a new position in MFS Municipal Income Trust in the 2nd quarter valued at $104,000. Avior Wealth Management LLC boosted its position in shares of MFS Municipal Income Trust by 16.5% in the third quarter. Avior Wealth Management LLC now owns 23,189 shares of the closed-end fund’s stock valued at $133,000 after acquiring an additional 3,282 shares during the period. Wealthcare Advisory Partners LLC grew its stake in shares of MFS Municipal Income Trust by 49.4% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 27,230 shares of the closed-end fund’s stock valued at $146,000 after acquiring an additional 9,000 shares in the last quarter. HighTower Advisors LLC raised its stake in MFS Municipal Income Trust by 66.2% in the 3rd quarter. HighTower Advisors LLC now owns 32,726 shares of the closed-end fund’s stock worth $183,000 after purchasing an additional 13,030 shares in the last quarter. Finally, Aviance Capital Partners LLC raised its stake in MFS Municipal Income Trust by 6.1% in the 3rd quarter. Aviance Capital Partners LLC now owns 34,069 shares of the closed-end fund’s stock worth $195,000 after purchasing an additional 1,945 shares in the last quarter.

MFS Municipal Income Trust Stock Performance

Shares of NYSE:MFM opened at $5.49 on Wednesday. MFS Municipal Income Trust has a 12-month low of $5.05 and a 12-month high of $5.78. The company’s 50 day moving average price is $5.44 and its two-hundred day moving average price is $5.55.

MFS Municipal Income Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Tuesday, February 18th will be given a dividend of $0.0215 per share. This represents a $0.26 dividend on an annualized basis and a yield of 4.70%. The ex-dividend date is Tuesday, February 18th.

MFS Municipal Income Trust Profile

MFS Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in tax-exempt bonds and tax-exempt notes. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index.