MFS Municipal Income Trust (MFM)

• Market cap: $212M
• 1 day: 1.58%
• 5 days: 2.39%
• 1 month: -3.74%
• 3 months: -4.81%
• 6 months: -6.53%
• Year to date: -4.28%
• 1 year: 1.58%
• 5 years: -9.81%
• 10 years: -22.56%
• Sector: Financials
• Industry: Asset Management

About: MFS Municipal Income Trust 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. The fund invests a majority of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in municipal bonds.

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

550% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 2

45% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 22

11% more funds holding

Funds holding: 76 [Q3] → 84 (+8) [Q4]

3.03% more ownership

Funds ownership: 34.07% [Q3] → 37.1% (+3.03%) [Q4]

2% more capital invested

Capital invested by funds: $80.2M [Q3] → $81.8M (+$1.57M) [Q4]