Tradewinds LLC. Lowers Stock Position in MFS Multimarket Income Trust (NYSE:MMT)

Tradewinds LLC. trimmed its holdings in shares of MFS Multimarket Income Trust (NYSE:MMT) by 12.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,325 shares of the closed-end fund’s stock after selling 2,687 shares during the quarter. Tradewinds LLC.’s holdings in MFS Multimarket Income Trust were worth $87,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Broadway Wealth Solutions Inc. bought a new stake in MFS Multimarket Income Trust during the 4th quarter valued at $70,000. Ashton Thomas Securities LLC boosted its position in MFS Multimarket Income Trust by 97.1% during the fourth quarter. Ashton Thomas Securities LLC now owns 34,500 shares of the closed-end fund’s stock valued at $162,000 after purchasing an additional 17,000 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in MFS Multimarket Income Trust by 4.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 183,356 shares of the closed-end fund’s stock valued at $860,000 after purchasing an additional 7,055 shares during the last quarter. Schwarz Dygos Wheeler Investment Advisors LLC bought a new position in MFS Multimarket Income Trust in the fourth quarter worth about $72,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of MFS Multimarket Income Trust during the fourth quarter valued at about $3,922,000. Institutional investors own 18.97% of the company’s stock.

MFS Multimarket Income Trust Stock Performance

NYSE:MMT opened at $4.68 on Wednesday. The company’s 50-day simple moving average is $4.67 and its 200-day simple moving average is $4.71. MFS Multimarket Income Trust has a fifty-two week low of $4.43 and a fifty-two week high of $4.90.

MFS Multimarket Income Trust Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, March 31st. Shareholders of record on Tuesday, March 18th were issued a $0.0337 dividend. This is a positive change from MFS Multimarket Income Trust’s previous monthly dividend of $0.03. This represents a $0.40 annualized dividend and a yield of 8.65%. The ex-dividend date of this dividend was Tuesday, March 18th.

MFS Multimarket Income Trust 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.