Allspring Global Investments Holdings LLC Acquires 22,600 Shares of MFS Multimarket Income Trust (NYSE:MMT)

Allspring Global Investments Holdings LLC grew its holdings in shares of MFS Multimarket Income Trust (NYSE:MMT) by 1.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,021,142 shares of the closed-end fund’s stock after purchasing an additional 22,600 shares during the period. Allspring Global Investments Holdings LLC’s holdings in MFS Multimarket Income Trust were worth $9,196,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. lifted its position in MFS Multimarket Income Trust by 8.6% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 647,674 shares of the closed-end fund’s stock worth $2,947,000 after buying an additional 51,158 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in MFS Multimarket Income Trust by 6.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 119,621 shares of the closed-end fund’s stock worth $510,000 after buying an additional 7,726 shares in the last quarter. Ieq Capital LLC bought a new stake in MFS Multimarket Income Trust during the 3rd quarter worth about $48,000. MGO One Seven LLC lifted its position in MFS Multimarket Income Trust by 206.7% during the 3rd quarter. MGO One Seven LLC now owns 32,440 shares of the closed-end fund’s stock worth $138,000 after buying an additional 21,863 shares in the last quarter. Finally, Park Avenue Securities LLC bought a new stake in MFS Multimarket Income Trust during the 3rd quarter worth about $81,000. 18.97% of the stock is owned by institutional investors.

MFS Multimarket Income Trust Price Performance

Shares of NYSE:MMT opened at $4.45 on Wednesday. The company’s 50-day moving average price is $4.60 and its two-hundred day moving average price is $4.48. MFS Multimarket Income Trust has a one year low of $4.04 and a one year high of $4.70.

MFS Multimarket Income Trust Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Wednesday, April 17th will be issued a $0.034 dividend. This represents a $0.41 dividend on an annualized basis and a dividend yield of 9.17%. This is a boost from MFS Multimarket Income Trust’s previous monthly dividend of $0.03. The ex-dividend date is Tuesday, April 16th.

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.