Lakeview Capital Partners LLC Buys 2,200 Shares of MFS Multimarket Income Trust (NYSE:MMT)

Lakeview Capital Partners LLC grew its stake in shares of MFS Multimarket Income Trust (NYSE:MMT) by 14.4% in the third quarter, HoldingsChannel.com reports. The firm owned 17,515 shares of the closed-end fund’s stock after purchasing an additional 2,200 shares during the period. Lakeview Capital Partners LLC’s holdings in MFS Multimarket Income Trust were worth $104,000 as of its most recent SEC filing.

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A number of other institutional investors and hedge funds also recently modified their holdings of the business. Cohen & Steers Inc. grew its holdings in shares of MFS Multimarket Income Trust by 2.3% in the second quarter. Cohen & Steers Inc. now owns 479,675 shares of the closed-end fund’s stock valued at $2,797,000 after acquiring an additional 10,999 shares in the last quarter. Raymond James Trust N.A. grew its holdings in shares of MFS Multimarket Income Trust by 31.5% in the second quarter. Raymond James Trust N.A. now owns 15,464 shares of the closed-end fund’s stock valued at $90,000 after acquiring an additional 3,700 shares in the last quarter. Oxbow Advisors LLC bought a new position in shares of MFS Multimarket Income Trust in the second quarter valued at approximately $76,000. Northstar Wealth Partners LLC grew its holdings in shares of MFS Multimarket Income Trust by 10.9% in the second quarter. Northstar Wealth Partners LLC now owns 31,339 shares of the closed-end fund’s stock valued at $183,000 after acquiring an additional 3,070 shares in the last quarter. Finally, Lido Advisors LLC grew its holdings in shares of MFS Multimarket Income Trust by 3.5% in the second quarter. Lido Advisors LLC now owns 56,887 shares of the closed-end fund’s stock valued at $331,000 after acquiring an additional 1,913 shares in the last quarter. 14.09% of the stock is owned by hedge funds and other institutional investors.

Shares of MMT stock traded up $0.03 during trading on Friday, hitting $6.06. The company’s stock had a trading volume of 148,818 shares, compared to its average volume of 156,541. The business has a fifty day moving average of $5.96 and a 200-day moving average of $5.82. MFS Multimarket Income Trust has a 52 week low of $5.01 and a 52 week high of $6.09.

The firm also recently announced a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Wednesday, November 13th will be issued a $0.042 dividend. This represents a $0.50 annualized dividend and a dividend yield of 8.32%. The ex-dividend date is Tuesday, November 12th.

MFS Multimarket Income Trust Company 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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Want to see what other hedge funds are holding MMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MFS Multimarket Income Trust (NYSE:MMT).

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

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