Edmonds Duncan Registered Investment Advisors LLC Grows Stake in MFS Municipal Income Trust (NYSE:MFM)

Edmonds Duncan Registered Investment Advisors LLC raised its stake in MFS Municipal Income Trust (NYSE:MFM) by 2.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 218,234 shares of the closed-end fund’s stock after acquiring an additional 4,885 shares during the period. Edmonds Duncan Registered Investment Advisors LLC’s holdings in MFS Municipal Income Trust were worth $1,172,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Advisors Asset Management Inc. grew its stake in shares of MFS Municipal Income Trust by 11.9% in the third quarter. Advisors Asset Management Inc. now owns 844,822 shares of the closed-end fund’s stock worth $3,844,000 after acquiring an additional 89,838 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its stake in shares of MFS Municipal Income Trust by 37.0% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 761,784 shares of the closed-end fund’s stock worth $4,091,000 after acquiring an additional 205,904 shares during the last quarter. UBS Group AG boosted its position in shares of MFS Municipal Income Trust by 8.1% during the third quarter. UBS Group AG now owns 706,740 shares of the closed-end fund’s stock valued at $3,216,000 after buying an additional 53,138 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in shares of MFS Municipal Income Trust by 4.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 405,046 shares of the closed-end fund’s stock valued at $2,094,000 after buying an additional 15,462 shares during the last quarter. Finally, Van ECK Associates Corp boosted its position in shares of MFS Municipal Income Trust by 11.9% during the fourth quarter. Van ECK Associates Corp now owns 307,338 shares of the closed-end fund’s stock valued at $1,589,000 after buying an additional 32,633 shares during the last quarter.

MFS Municipal Income Trust Trading Up 0.8 %

Shares of MFS Municipal Income Trust stock traded up $0.04 during trading on Tuesday, hitting $5.37. 13,068 shares of the company’s stock traded hands, compared to its average volume of 88,600. MFS Municipal Income Trust has a 1 year low of $4.37 and a 1 year high of $5.48. The business has a 50-day simple moving average of $5.23 and a 200-day simple moving average of $5.23.

MFS Municipal Income Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, June 28th. Investors of record on Tuesday, June 18th were given a dividend of $0.0205 per share. The ex-dividend date was Tuesday, June 18th. This represents a $0.25 annualized dividend and a dividend yield of 4.58%.

About MFS Municipal Income Trust

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.