Wolverine Asset Management LLC Lowers Holdings in MFS Special Value Trust (NYSE:MFV)

Wolverine Asset Management LLC reduced its stake in MFS Special Value Trust (NYSE:MFV) by 42.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,426 shares of the closed-end fund’s stock after selling 4,785 shares during the period. Wolverine Asset Management LLC’s holdings in MFS Special Value Trust were worth $26,000 at the end of the most recent quarter.

Separately, Kingswood Wealth Advisors LLC purchased a new stake in MFS Special Value Trust in the fourth quarter valued at approximately $61,000. 6.37% of the stock is owned by hedge funds and other institutional investors.

MFS Special Value Trust Stock Performance

MFV opened at $4.41 on Monday. MFS Special Value Trust has a 52 week low of $3.74 and a 52 week high of $4.47. The business has a fifty day simple moving average of $4.37 and a 200-day simple moving average of $4.16.

MFS Special Value Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 28th. Stockholders of record on Wednesday, March 13th were paid a $0.0367 dividend. This represents a $0.44 annualized dividend and a dividend yield of 9.99%. The ex-dividend date of this dividend was Tuesday, March 12th.

About MFS Special Value Trust

MFS Special Value Trust is a closed-ended balanced mutual fund launched and managed by Massachusetts Financial Services Company The fund invests in the public equity and fixed income markets of the United States. It primarily invests in value stocks of companies operating across diversified sectors. The fund employs fundamental analysis and a bottom-up stock picking approach to create its portfolio.