Cetera Advisor Networks LLC Raises Holdings in MFS Multimarket Income Trust (NYSE:MMT)

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Cetera Advisor Networks LLC raised its holdings in shares of MFS Multimarket Income Trust (NYSE:MMT) by 3.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 147,445 shares of the closed-end fund’s stock after purchasing an additional 4,700 shares during the period. Cetera Advisor Networks LLC owned approximately 0.23% of MFS Multimarket Income Trust worth $871,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Founders Capital Management boosted its stake in MFS Multimarket Income Trust by 376.8% during the 3rd quarter. Founders Capital Management now owns 8,820 shares of the closed-end fund’s stock valued at $52,000 after purchasing an additional 6,970 shares during the last quarter. Cornell Pochily Investment Advisors Inc. bought a new position in MFS Multimarket Income Trust in the 2nd quarter worth $58,000. Creative Planning bought a new position in MFS Multimarket Income Trust in the 2nd quarter worth $62,000. Alpine Group USVI LLC bought a new position in MFS Multimarket Income Trust in the 3rd quarter worth $65,000. Finally, Susquehanna International Group LLP bought a new position in MFS Multimarket Income Trust in the 2nd quarter worth $70,000. Institutional investors and hedge funds own 13.99% of the company’s stock.

Shares of MFS Multimarket Income Trust stock opened at $6.05 on Monday. MFS Multimarket Income Trust has a one year low of $5.01 and a one year high of $6.14. The stock’s fifty day moving average is $5.97 and its 200 day moving average is $5.83.

The firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Wednesday, November 13th will be issued a dividend of $0.042 per share. The ex-dividend date of this dividend is Tuesday, November 12th. This represents a $0.50 dividend on an annualized basis and a yield of 8.33%.

MFS Multimarket Income Trust Profile

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.

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

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