Mid Atlantic Financial Management Inc. ADV Has $524,000 Stock Holdings in MFS Multimarket Income Trust (NYSE:MMT)

Mid Atlantic Financial Management Inc. ADV increased its holdings in shares of MFS Multimarket Income Trust (NYSE:MMT) by 39.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 83,800 shares of the closed-end fund’s stock after acquiring an additional 23,600 shares during the quarter. Mid Atlantic Financial Management Inc. ADV owned about 0.14% of MFS Multimarket Income Trust worth $524,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Sigma Planning Corp acquired a new position in shares of MFS Multimarket Income Trust during the 1st quarter worth approximately $88,000. Shaker Financial Services LLC acquired a new position in shares of MFS Multimarket Income Trust during the 2nd quarter worth approximately $161,000. Pekin Hardy Strauss Inc. increased its holdings in shares of MFS Multimarket Income Trust by 79.3% during the 1st quarter. Pekin Hardy Strauss Inc. now owns 29,390 shares of the closed-end fund’s stock worth $190,000 after acquiring an additional 13,000 shares during the last quarter. MML Investors Services LLC increased its holdings in shares of MFS Multimarket Income Trust by 47.8% during the 1st quarter. MML Investors Services LLC now owns 41,881 shares of the closed-end fund’s stock worth $271,000 after acquiring an additional 13,548 shares during the last quarter. Finally, Sowell Financial Services LLC increased its holdings in shares of MFS Multimarket Income Trust by 6,120.1% during the 1st quarter. Sowell Financial Services LLC now owns 42,172 shares of the closed-end fund’s stock worth $273,000 after acquiring an additional 41,494 shares during the last quarter. 10.11% of the stock is currently owned by institutional investors and hedge funds.

MMT opened at $6.43 on Friday. The business has a fifty day simple moving average of $6.39 and a 200 day simple moving average of $6.38. MFS Multimarket Income Trust has a 1 year low of $5.62 and a 1 year high of $6.65.

The company also recently declared a monthly dividend, which will be paid on Thursday, September 30th. Investors of record on Wednesday, September 15th will be paid a $0.0416 dividend. The ex-dividend date is Tuesday, September 14th. This represents a $0.50 annualized dividend and a yield of 7.77%.

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

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