Equities

MFS Municipal Income Trust

MFM:NYQ

MFS Municipal Income Trust

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FinancialsClosed End Investments
  • Price (USD)5.09
  • Today's Change-0.02 / -0.39%
  • Shares traded62.95k
  • 1 Year change-1.93%
  • Beta0.5068
Data delayed at least 15 minutes, as of Apr 24 2024 21:10 BST.
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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)16.68m
  • Net income in USD1.16m
  • 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)
Eagle Point Income Company Inc26.75m29.29m203.32m--4.681.09--7.603.363.362.9514.390.1364--254.30--14.933.2315.043.2968.6768.18109.4830.73----0.3467--40.7982.64283.66------
Keen Vision Acquisition Corp-100.00bn-100.00bn203.34m----1.33----------7.88----------------------------0.00------210,934.80------
BlackRock Investment Quly Mncpl Trst Inc15.98m2.61m205.78m--78.920.9103--12.880.15160.15160.927417.080.0442--2.57--0.7214--0.735--55.01--16.31----1.500.1062--------------
Apollo Tactical Income Fund Inc36.26m34.66m206.60m--5.960.9671--5.702.402.402.5114.770.1089--5.02--10.413.5910.573.8668.4871.4095.5950.86----0.3616128.1140.044.68258.37----2.31
Neuberger Berman High Yield Strateges Fd20.50m40.54m207.72m--2.180.6447--10.133.683.681.8612.420.1063--2.81--21.245.2925.645.37----199.7857.67--19.650.3104186.64-7.18-3.80233.7828.39---5.25
Tortoise Midstream Energy Fund Inc8.44m6.95m208.32m--19.090.9117--24.682.042.041.6642.620.0283--1.24--2.33-16.832.44-17.2050.3222.8282.33-1,220.75----0.1976--24.3522.92-89.42-21.18---28.86
Credit Suisse High Yield Bond Fund24.42m-1.71m210.13m----0.9717--8.60-0.0165-0.01650.23592.090.0726--3.11---0.50751.42-0.7151.9870.6676.94-6.9921.26--0.91040.3169412.712.65-5.19-203.54-----7.11
Monterey Capital Acquisition Corp0.00-14.94m210.26m----0.5186-----1.34-1.340.0021.660.00-------17.28---18.22--------------0.0232-------297.04------
MFS Municipal Income Trust16.68m1.16m210.47m--181.080.9709--12.620.02820.02820.40518.020.0493--24.08--0.3433-0.76790.3477-0.777754.8467.486.97-17.53--1.140.00--9.08-5.00101.70-18.51---9.90
TurnKey Capital Inc0.00-416.51k210.89m-----------0.9854-0.98540.00-3.460.00-------21,089.11-540.35-----------801.04---------100.00--7.40------
Clough Global Opportunities Fund-100.00bn-100.00bn211.63m--------------------------------------------------------------
Nuveen Real Estate Income Fund-100.00bn-100.00bn212.07m--------------------------------------------------------------
Virtus Convertible & Income Fund II18.27m1.39m212.36m--152.790.8534--11.620.01830.01830.244.700.0399--2.32--1.612.351.932.4966.0878.2840.4255.29--2.890.1343418.59-6.26-16.15101.96-----11.48
BlackRock MuniHoldings QualityFnd II Inc16.71m6.77m214.80m--31.700.8434--12.860.30920.30920.760815.180.0424--13.16--1.720.60951.730.614250.5967.7240.5215.81--5.830.0917426.29-3.26-5.1384.87-----9.80
Pioneer High Income Fund Inc27.55m92.41m215.95m--2.330.7688--7.843.163.160.94249.570.0756--38.36--25.376.3825.846.4686.2580.81335.4683.63----0.305394.74-9.30-7.09271.08-----9.03
Japan Smaller Capitalization Fund Inc-100.00bn-100.00bn216.47m--------------------------------------------------------------
Data as of Apr 24 2024. Currency figures normalised to MFS Municipal Income Trust's reporting currency: US Dollar USD

Institutional shareholders

20.44%Per cent of shares held by top holders
HolderShares% Held
Saba Capital Management LPas of 31 Dec 20231.52m3.69%
Advisor Partners II LLCas of 31 Dec 20231.41m3.43%
Merrill Lynch, Pierce, Fenner & Smith, Inc. (Invt Mgmt)as of 31 Dec 20231.29m3.12%
UBS Financial Services, Inc.as of 31 Dec 2023967.00k2.35%
Advisors Asset Management, Inc.as of 31 Dec 2023798.07k1.94%
Hennion & Walsh Asset Management, Inc.as of 31 Mar 2024761.78k1.85%
Envestnet Asset Management, Inc.as of 31 Dec 2023468.20k1.14%
Thomas J. Herzfeld Advisors, Inc.as of 31 Dec 2023417.24k1.01%
Janney Montgomery Scott LLC (Investment Management)as of 31 Dec 2023405.05k0.98%
Logan Stone Capital LLCas of 31 Dec 2023384.61k0.93%
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Data from 31 Dec 2023 - 31 Mar 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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