Atomi Financial Group Inc. Buys 9,110 Shares of MFS Multimarket Income Trust (NYSE:MMT)

Atomi Financial Group Inc. boosted its stake in shares of MFS Multimarket Income Trust (NYSE:MMT) by 19.5% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 55,809 shares of the closed-end fund’s stock after buying an additional 9,110 shares during the period. Atomi Financial Group Inc. owned approximately 0.10% of MFS Multimarket Income Trust worth $261,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC raised its stake in shares of MFS Multimarket Income Trust by 36.9% in the second quarter. Allspring Global Investments Holdings LLC now owns 3,251,335 shares of the closed-end fund’s stock valued at $15,216,000 after acquiring an additional 875,755 shares during the period. Janney Montgomery Scott LLC grew its stake in shares of MFS Multimarket Income Trust by 1.8% during the first quarter. Janney Montgomery Scott LLC now owns 283,337 shares of the closed-end fund’s stock valued at $1,312,000 after buying an additional 5,095 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of MFS Multimarket Income Trust by 11.1% in the first quarter. Commonwealth Equity Services LLC now owns 136,111 shares of the closed-end fund’s stock worth $630,000 after buying an additional 13,565 shares during the period. Raymond James Financial Services Advisors Inc. lifted its stake in shares of MFS Multimarket Income Trust by 3.6% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 670,957 shares of the closed-end fund’s stock worth $3,107,000 after acquiring an additional 23,283 shares during the last quarter. Finally, 1607 Capital Partners LLC increased its stake in MFS Multimarket Income Trust by 409.1% in the fourth quarter. 1607 Capital Partners LLC now owns 432,171 shares of the closed-end fund’s stock worth $1,966,000 after purchasing an additional 347,281 shares during the period. 18.97% of the stock is currently owned by institutional investors.

MFS Multimarket Income Trust Price Performance

Shares of MMT opened at $4.78 on Thursday. MFS Multimarket Income Trust has a 12-month low of $4.04 and a 12-month high of $4.82. The firm has a fifty day moving average price of $4.72 and a 200-day moving average price of $4.64.

MFS Multimarket Income Trust Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, August 30th. Investors of record on Tuesday, August 13th will be issued a $0.034 dividend. This is a positive change from MFS Multimarket Income Trust’s previous monthly dividend of $0.03. The ex-dividend date is Tuesday, August 13th. This represents a $0.41 dividend on an annualized basis and a dividend yield of 8.54%.

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.