Allspring Global Investments Holdings LLC Raises Holdings in MFS Multimarket Income Trust (NYSE:MMT)

Allspring Global Investments Holdings LLC grew its position in shares of MFS Multimarket Income Trust (NYSE:MMT) by 0.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,270,086 shares of the closed-end fund’s stock after buying an additional 18,751 shares during the quarter. Allspring Global Investments Holdings LLC owned 0.06% of MFS Multimarket Income Trust worth $15,337,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of MMT. Shaker Financial Services LLC lifted its holdings in shares of MFS Multimarket Income Trust by 13.1% during the 3rd quarter. Shaker Financial Services LLC now owns 286,096 shares of the closed-end fund’s stock valued at $1,393,000 after buying an additional 33,239 shares during the period. Ashton Thomas Securities LLC bought a new position in shares of MFS Multimarket Income Trust during the 3rd quarter valued at $85,000. Wolverine Asset Management LLC bought a new position in shares of MFS Multimarket Income Trust during the 3rd quarter valued at $320,000. Kovitz Investment Group Partners LLC bought a new position in shares of MFS Multimarket Income Trust during the 3rd quarter valued at $103,000. Finally, Atomi Financial Group Inc. lifted its holdings in shares of MFS Multimarket Income Trust by 6.8% during the 4th quarter. Atomi Financial Group Inc. now owns 59,447 shares of the closed-end fund’s stock valued at $279,000 after buying an additional 3,759 shares during the period. 18.97% of the stock is owned by institutional investors.

MFS Multimarket Income Trust Price Performance

NYSE MMT opened at $4.73 on Monday. The business’s fifty day moving average price is $4.66 and its 200-day moving average price is $4.73. MFS Multimarket Income Trust has a 1-year low of $4.43 and a 1-year high of $4.90.

MFS Multimarket Income Trust Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th will be issued a dividend of $0.0334 per share. This represents a $0.40 annualized dividend and a yield of 8.49%. The ex-dividend date is Tuesday, February 18th.

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.