Jane Street Group LLC Makes New $79,000 Investment in MFS Municipal Income Trust (NYSE:MFM)

Jane Street Group LLC purchased a new position in shares of MFS Municipal Income Trust (NYSE:MFM) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 14,810 shares of the closed-end fund’s stock, valued at approximately $79,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Raymond James Financial Inc. acquired a new position in MFS Municipal Income Trust during the 4th quarter worth approximately $997,000. Advisors Asset Management Inc. increased its holdings in shares of MFS Municipal Income Trust by 21.2% during the fourth quarter. Advisors Asset Management Inc. now owns 875,266 shares of the closed-end fund’s stock valued at $4,683,000 after acquiring an additional 153,263 shares in the last quarter. Guggenheim Capital LLC raised its position in shares of MFS Municipal Income Trust by 23.4% during the fourth quarter. Guggenheim Capital LLC now owns 654,988 shares of the closed-end fund’s stock worth $3,504,000 after purchasing an additional 124,086 shares during the period. Invesco Ltd. lifted its holdings in shares of 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 purchasing an additional 110,536 shares in the last quarter. Finally, Noble Wealth Management PBC bought a new position in shares of MFS Municipal Income Trust in the 4th quarter worth $234,000.

MFS Municipal Income Trust Stock Performance

Shares of MFM stock opened at $5.06 on Monday. The firm has a fifty day simple moving average of $5.13 and a two-hundred day simple moving average of $5.34. MFS Municipal Income Trust has a 12 month low of $4.94 and a 12 month high of $5.78.

MFS Municipal Income Trust Cuts Dividend

The firm also recently disclosed a — dividend, which will be paid on Monday, June 30th. Stockholders of record on Tuesday, June 17th will be issued a dividend of $0.024 per share. This represents a dividend yield of 5.1%. The ex-dividend date is Tuesday, June 17th.

MFS Municipal Income Trust Profile

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.