Equities

MFS Municipal Income Trust

MFM:NYQ

MFS Municipal Income Trust

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FinancialsClosed End Investments
  • Price (USD)5.57
  • Today's Change-0.005 / -0.09%
  • Shares traded115.81k
  • 1 Year change+17.26%
  • Beta0.5532
Data delayed at least 15 minutes, as of Nov 09 2024.
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About the company

MFS Municipal Income Trust (fund) is a diversified closed-end management investment company. Its investment objective is to seek high current income exempt from federal income tax but may also consider capital appreciation. It invests, under normal market conditions, approximately 80% of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in municipal bonds. These municipal bonds include debt securities issued by or on behalf of states, territories, possessions of the United States, District of Columbia, and their political subdivisions, agencies, or instrumentalities. The Fund invests in various sectors, such as hospitals, secondary schools, colleges, schools, and water and sewer utility. It has investments in areas, including Alabama, Alaska, Arizona, Arkansas, California, Colorado, Delaware, Florida, Georgia, Guam, Hawaii, Idaho, and Illinois. Massachusetts Financial Services Company is the investment adviser of the Fund.

  • Revenue in USD (TTM)17.11m
  • Net income in USD6.99m
  • Incorporated1986
  • Employees--
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Lazard Global Total Return & Income Fund-100.00bn-100.00bn223.04m--------------------------------------------------------------
Neuberger Berman High Yield Strateges Fd20.50m40.54m224.46m--2.210.6527--10.953.683.681.8612.420.1063--2.81--21.245.2925.645.37----199.7857.67--19.650.3104186.64-7.18-3.80233.7828.39---5.25
Credit Suisse High Yield Bond Fund26.55m26.90m226.70m--8.431.01--8.540.25990.25990.25652.160.083--3.16--8.412.6511.623.6869.0675.52101.3438.37----0.2762220.8518.91-2.24160.3554.90---5.59
Morgan Stanley China A Share Fund Inc9.17m-21.52m227.53m0.00--0.9026--24.81-1.08-1.080.471814.550.0308--15.10---7.23---7.25--54.25---234.67----0.16380.00---8.78--65.49------
Templeton Dragon Fund Inc6.08m-43.91m227.92m----0.9529--37.46-2.61-2.610.2889.430.0202--8.99---14.59---14.67--39.82---721.58----0.05170.0078--24.15--52.01------
Virtus Diversified Income & Convrtble Fd9.16m18.73m228.02m--12.171.02--24.901.811.810.882921.580.0273--6.58--5.598.425.668.5925.3618.44204.54392.01----0.3193107.8211.21-2.39148.8461.28--1.55
MFS Municipal Income Trust17.11m6.99m229.42m--32.810.9423--13.410.16980.16980.41558.670.0472--131.34--1.93-0.76791.95-0.777753.3367.4840.86-17.53--4.100.00--9.08-5.00101.70-18.51---9.90
Eaton Vance California Municpal Bond Fnd-100.00bn-100.00bn229.95m--------------------------------------------------------------
Cohen Circle Acquisition Corp I0.00-381.71k230.00m-----------0.0553-0.05530.00-0.0165-------------------------------------1,847.55------
BlackRock MuniHoldings QualityFnd II Inc16.34m14.07m230.36m--16.370.9046--14.100.6420.6420.745415.180.0427--32.97--3.680.3113.700.313254.7265.9986.138.01----0.0917834.12-4.88-4.20334.17-8.31---4.36
Launch Two Acquisition Corp-100.00bn-100.00bn231.15m-----------------0.0006----------------------------1.20--------------
BlackRock MuniVest Fund II Inc16.83m11.35m231.56m--20.410.8953--13.760.5440.5440.806716.120.0418--3.27--2.82--2.90--55.54--67.43------0.00002---4.65--504.43------
Nuveen Virginia Quality Mncpl Incm Fund15.78m6.99m231.77m--33.171.06--14.690.38980.38980.880412.160.0427--5.84--1.89--2.02--43.76--44.28------0.4021--2.76--173.74------
Clough Global Opportunities Fund8.36m31.99m232.15m--7.310.9052--27.750.74190.74190.19685.990.0211--1.40--8.07--9.46---18.66--382.47------0.2969--6.67--92.61------
BlackRock MuniYield Quality Fund II Inc17.62m9.85m232.62m0.0023.610.9013--13.200.44480.44480.795415.200.0446--3.47--2.49--2.52--55.54--55.92------0.1173---4.20--480.97------
Pioneer High Income Fund Inc27.55m92.41m234.15m--2.520.8335--8.503.163.160.94249.570.0756--38.36--25.376.3825.846.4686.2580.81335.4683.63----0.305394.74-9.30-7.09271.08-----9.03
Data as of Nov 09 2024. Currency figures normalised to MFS Municipal Income Trust's reporting currency: US Dollar USD

Institutional shareholders

21.70%Per cent of shares held by top holders
HolderShares% Held
Advisor Partners II LLCas of 30 Sep 20241.62m3.93%
Merrill Lynch, Pierce, Fenner & Smith, Inc. (Invt Mgmt)as of 30 Jun 20241.52m3.68%
UBS Financial Services, Inc.as of 30 Jun 20241.07m2.59%
Saba Capital Management LPas of 30 Jun 20241.04m2.54%
Hennion & Walsh Asset Management, Inc.as of 30 Sep 2024884.14k2.15%
Advisors Asset Management, Inc.as of 30 Sep 2024722.00k1.75%
Envestnet Asset Management, Inc.as of 30 Sep 2024615.94k1.50%
Thomas J. Herzfeld Advisors, Inc.as of 30 Jun 2024538.22k1.31%
Janney Montgomery Scott LLC (Investment Management)as of 30 Sep 2024536.83k1.30%
Guggenheim Partners Investment Management LLCas of 30 Jun 2024394.61k0.96%
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Data from 30 Jun 2024 - 30 Sep 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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