Capital Investment Advisors LLC Has $646,000 Holdings in MFS Municipal Income Trust (NYSE:MFM)

Capital Investment Advisors LLC lessened its stake in MFS Municipal Income Trust (NYSE:MFMFree Report) by 8.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 120,732 shares of the closed-end fund’s stock after selling 10,500 shares during the quarter. Capital Investment Advisors LLC’s holdings in MFS Municipal Income Trust were worth $646,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. MML Investors Services LLC increased its position in MFS Municipal Income Trust by 5.9% in the 3rd quarter. MML Investors Services LLC now owns 39,303 shares of the closed-end fund’s stock valued at $225,000 after acquiring an additional 2,206 shares in the last quarter. HighTower Advisors LLC boosted its stake in shares of 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 valued at $183,000 after purchasing an additional 13,030 shares during the last quarter. Rockefeller Capital Management L.P. boosted its stake in shares of MFS Municipal Income Trust by 11.5% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 106,584 shares of the closed-end fund’s stock valued at $610,000 after purchasing an additional 11,000 shares during the last quarter. Avior Wealth Management LLC boosted its stake in shares of MFS Municipal Income Trust by 16.5% in the 3rd quarter. Avior Wealth Management LLC now owns 23,189 shares of the closed-end fund’s stock valued at $133,000 after purchasing an additional 3,282 shares during the last quarter. Finally, Pathstone Holdings LLC boosted its stake in shares of MFS Municipal Income Trust by 14.8% in the 3rd quarter. Pathstone Holdings LLC now owns 1,625,347 shares of the closed-end fund’s stock valued at $9,298,000 after purchasing an additional 209,439 shares during the last quarter.

MFS Municipal Income Trust Stock Up 0.6 %

Shares of NYSE MFM opened at $5.35 on Thursday. MFS Municipal Income Trust has a 1 year low of $5.05 and a 1 year high of $5.78. The firm’s 50-day moving average is $5.49 and its 200-day moving average is $5.54.

MFS Municipal Income Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, January 14th will be paid a $0.0215 dividend. This represents a $0.26 annualized dividend and a dividend yield of 4.82%. The ex-dividend date is Tuesday, January 14th.

About MFS Municipal Income Trust

(Free Report)

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.

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Institutional Ownership by Quarter for MFS Municipal Income Trust (NYSE:MFM)

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