Guggenheim Capital LLC Grows Stake in MFS Municipal Income Trust (NYSE:MFM)

Guggenheim Capital LLC lifted its stake in MFS Municipal Income Trust (NYSE:MFM) by 23.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 654,988 shares of the closed-end fund’s stock after purchasing an additional 124,086 shares during the quarter. Guggenheim Capital LLC’s holdings in MFS Municipal Income Trust were worth $3,504,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Rockefeller Capital Management L.P. raised its holdings in MFS Municipal Income Trust by 19.4% in the fourth quarter. Rockefeller Capital Management L.P. now owns 127,236 shares of the closed-end fund’s stock worth $681,000 after buying an additional 20,652 shares during the last quarter. Raymond James Financial Inc. purchased a new position in MFS Municipal Income Trust in the 4th quarter worth approximately $997,000. Invesco Ltd. raised its holdings in MFS Municipal Income Trust by 85.9% in the 4th quarter. Invesco Ltd. now owns 239,267 shares of the closed-end fund’s stock worth $1,280,000 after acquiring an additional 110,536 shares during the last quarter. Landscape Capital Management L.L.C. bought a new position in MFS Municipal Income Trust in the 4th quarter valued at approximately $70,000. Finally, LPL Financial LLC boosted its stake in MFS Municipal Income Trust by 9.5% during the 4th quarter. LPL Financial LLC now owns 222,815 shares of the closed-end fund’s stock valued at $1,192,000 after purchasing an additional 19,366 shares during the last quarter.

MFS Municipal Income Trust Stock Performance

MFM stock opened at $5.03 on Friday. MFS Municipal Income Trust has a 1-year low of $4.94 and a 1-year high of $5.78. The business has a fifty day moving average price of $5.35 and a 200-day moving average price of $5.46.

MFS Municipal Income Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be paid a dividend of $0.0215 per share. This represents a $0.26 annualized dividend and a yield of 5.13%. The ex-dividend date of this dividend is Tuesday, April 15th.

About MFS Municipal Income Trust

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.