MFS Multimarket Income Trust (NYSE:MMT) Shares Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lifted its stake in MFS Multimarket Income Trust (NYSE:MMTFree Report) by 1.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 371,451 shares of the closed-end fund’s stock after acquiring an additional 4,159 shares during the period. Janney Montgomery Scott LLC owned 0.67% of MFS Multimarket Income Trust worth $1,727,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in MMT. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of MFS Multimarket Income Trust during the fourth quarter valued at approximately $49,000. Citadel Advisors LLC acquired a new stake in shares of MFS Multimarket Income Trust during the fourth quarter valued at approximately $68,000. Broadway Wealth Solutions Inc. acquired a new stake in shares of MFS Multimarket Income Trust during the fourth quarter valued at approximately $70,000. Schwarz Dygos Wheeler Investment Advisors LLC acquired a new stake in shares of MFS Multimarket Income Trust during the fourth quarter valued at approximately $72,000. Finally, Two Sigma Securities LLC acquired a new position in MFS Multimarket Income Trust in the 4th quarter valued at approximately $103,000. 18.97% of the stock is owned by institutional investors and hedge funds.

MFS Multimarket Income Trust Price Performance

MMT stock opened at $4.66 on Friday. MFS Multimarket Income Trust has a 12 month low of $4.31 and a 12 month high of $4.90. The firm has a 50 day moving average of $4.60 and a two-hundred day moving average of $4.62.

MFS Multimarket Income Trust Dividend Announcement

The firm also recently announced a — dividend, which will be paid on Monday, June 30th. Shareholders of record on Tuesday, June 17th will be given a $0.033 dividend. This represents a yield of 8.7%. The ex-dividend date is Tuesday, June 17th.

MFS Multimarket Income Trust Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for MFS Multimarket Income Trust (NYSE:MMT)

Receive News & Ratings for MFS Multimarket Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MFS Multimarket Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.