SeaCrest Wealth Management LLC Lowers Position in MFS Multimarket Income Trust (NYSE:MMT)

SeaCrest Wealth Management LLC decreased its position in MFS Multimarket Income Trust (NYSE:MMT) by 29.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,936 shares of the closed-end fund’s stock after selling 4,909 shares during the period. SeaCrest Wealth Management LLC’s holdings in MFS Multimarket Income Trust were worth $71,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the company. Invesco Ltd. boosted its holdings in MFS Multimarket Income Trust by 10.0% during the second quarter. Invesco Ltd. now owns 895,798 shares of the closed-end fund’s stock worth $5,222,000 after buying an additional 81,267 shares in the last quarter. Parametric Portfolio Associates LLC boosted its holdings in MFS Multimarket Income Trust by 2.9% during the second quarter. Parametric Portfolio Associates LLC now owns 696,369 shares of the closed-end fund’s stock worth $4,060,000 after buying an additional 19,491 shares in the last quarter. HighTower Advisors LLC boosted its holdings in MFS Multimarket Income Trust by 1.6% during the second quarter. HighTower Advisors LLC now owns 560,248 shares of the closed-end fund’s stock worth $3,264,000 after buying an additional 8,823 shares in the last quarter. First Foundation Advisors boosted its holdings in MFS Multimarket Income Trust by 4.2% during the second quarter. First Foundation Advisors now owns 535,958 shares of the closed-end fund’s stock worth $3,125,000 after buying an additional 21,680 shares in the last quarter. Finally, Cohen & Steers Inc. boosted its holdings in MFS Multimarket Income Trust by 2.3% during the second quarter. Cohen & Steers Inc. now owns 479,675 shares of the closed-end fund’s stock worth $2,797,000 after buying an additional 10,999 shares in the last quarter. 14.12% of the stock is currently owned by institutional investors and hedge funds.

MMT stock traded up $0.01 during trading on Friday, reaching $5.91. 93,951 shares of the company were exchanged, compared to its average volume of 151,734. MFS Multimarket Income Trust has a 52-week low of $5.01 and a 52-week high of $6.01. The stock’s 50 day moving average price is $5.90 and its 200 day moving average price is $5.79.

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Wednesday, October 16th will be issued a dividend of $0.043 per share. This represents a $0.52 dividend on an annualized basis and a yield of 8.73%. The ex-dividend date is Tuesday, October 15th.

About MFS Multimarket Income Trust

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

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