Quattro Financial Advisors LLC decreased its holdings in shares of MFS Multimarket Income Trust (NYSE:MMT) by 55.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 65,040 shares of the closed-end fund’s stock after selling 80,770 shares during the quarter. Quattro Financial Advisors LLC owned 0.09% of MFS Multimarket Income Trust worth $395,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Crow Point Partners LLC purchased a new stake in shares of MFS Multimarket Income Trust in the fourth quarter valued at approximately $1,024,000. Benjamin F. Edwards & Company Inc. purchased a new stake in shares of MFS Multimarket Income Trust in the fourth quarter valued at approximately $880,000. Advisor Group Inc. boosted its holdings in shares of MFS Multimarket Income Trust by 87.5% in the third quarter. Advisor Group Inc. now owns 177,333 shares of the closed-end fund’s stock valued at $1,107,000 after purchasing an additional 82,736 shares during the period. Yellowstone Partners LLC purchased a new stake in shares of MFS Multimarket Income Trust in the third quarter valued at approximately $467,000. Finally, Stifel Financial Corp boosted its holdings in shares of MFS Multimarket Income Trust by 46.8% in the second quarter. Stifel Financial Corp now owns 224,143 shares of the closed-end fund’s stock valued at $1,390,000 after purchasing an additional 71,436 shares during the period. 19.63% of the stock is currently owned by hedge funds and other institutional investors.
Shares of MFS Multimarket Income Trust (NYSE MMT) opened at $5.74 on Thursday. MFS Multimarket Income Trust has a twelve month low of $5.65 and a twelve month high of $6.29.
The company also recently declared a monthly dividend, which will be paid on Wednesday, February 28th. Investors of record on Wednesday, February 14th will be issued a $0.044 dividend. The ex-dividend date is Tuesday, February 13th. This represents a $0.53 dividend on an annualized basis and a dividend yield of 9.20%.
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MFS Multimarket Income Trust Company Profile
MFS Multimarket Income Trust (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to seek high current income, but may also consider capital appreciation. The Fund’s investment portfolio includes High Yield Corporates, Investment Grade Corporates, Emerging Markets Bonds, Mortgage-Backed Securities, the United States Government Agencies, Commercial Mortgage-Backed Securities, Floating Rate Loans, Collateralized Debt Obligations, Asset-Backed Securities, the Non-United States Government Bonds and the United States Treasury Securities.
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