MFS Multimarket Income Trust (MMT) Shares Bought by Mid Atlantic Financial Management Inc. ADV

Mid Atlantic Financial Management Inc. ADV boosted its holdings in shares of MFS Multimarket Income Trust (NYSE:MMT) by 6.0% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 166,400 shares of the closed-end fund’s stock after buying an additional 9,400 shares during the period. Mid Atlantic Financial Management Inc. ADV’s holdings in MFS Multimarket Income Trust were worth $945,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. LPL Financial LLC boosted its stake in MFS Multimarket Income Trust by 2.1% during the fourth quarter. LPL Financial LLC now owns 125,699 shares of the closed-end fund’s stock valued at $644,000 after buying an additional 2,569 shares during the period. Cetera Investment Advisers boosted its stake in MFS Multimarket Income Trust by 17.0% during the fourth quarter. Cetera Investment Advisers now owns 19,370 shares of the closed-end fund’s stock valued at $99,000 after buying an additional 2,808 shares during the period. Fiera Capital Corp boosted its stake in MFS Multimarket Income Trust by 7.5% during the fourth quarter. Fiera Capital Corp now owns 49,162 shares of the closed-end fund’s stock valued at $252,000 after buying an additional 3,426 shares during the period. Raymond James Financial Services Advisors Inc. boosted its stake in MFS Multimarket Income Trust by 3.2% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 140,777 shares of the closed-end fund’s stock valued at $721,000 after buying an additional 4,367 shares during the period. Finally, Stone House Investment Management LLC bought a new stake in MFS Multimarket Income Trust during the first quarter valued at $27,000. 15.20% of the stock is owned by institutional investors.

NYSE:MMT opened at $5.58 on Friday. MFS Multimarket Income Trust has a 52-week low of $5.01 and a 52-week high of $5.80.

The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 15th will be paid a dividend of $0.0417 per share. This is a positive change from MFS Multimarket Income Trust’s previous monthly dividend of $0.04. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $0.50 annualized dividend and a yield of 8.96%.

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MFS Multimarket Income Trust Company Profile

MFS Multimarket Income Trust is a closed ended fixed income mutual fund launched and managed by MFS Investment Management, Inc The fund invests in the fixed income markets across the globe with greater emphasis on United States. It seeks to invest in fixed income securities issued by U.S. Government, foreign government, mortgage backed, and other asset-backed securities of U.S.

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Want to see what other hedge funds are holding MMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MFS Multimarket Income Trust (NYSE:MMT).

Institutional Ownership by Quarter for MFS Multimarket Income Trust (NYSE:MMT)

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