MFS Special Value Trust (NYSE:MFV) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $6.28 and traded as low as $3.75. MFS Special Value Trust shares last traded at $3.96, with a volume of 28,600 shares traded.
The business’s 50-day moving average is $6.03 and its 200-day moving average is $6.27.
The company also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 18th will be given a $0.0475 dividend. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $0.57 dividend on an annualized basis and a yield of 11.82%.
A hedge fund recently bought a new position in MFS Special Value Trust stock. Mid Atlantic Financial Management Inc. ADV purchased a new stake in MFS Special Value Trust (NYSE:MFV) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 11,500 shares of the closed-end fund’s stock, valued at approximately $74,000. Mid Atlantic Financial Management Inc. ADV owned about 0.16% of MFS Special Value Trust as of its most recent SEC filing. Institutional investors and hedge funds own 4.34% of the company’s stock.
About MFS Special Value Trust (NYSE:MFV)
MFS Special Value Trust is a closed-ended balanced mutual fund launched and managed by Massachusetts Financial Services Company The fund invests in the public equity and fixed income markets of the United States. It primarily invests in value stocks of companies operating across diversified sectors. The fund employs fundamental analysis and a bottom-up stock picking approach to create its portfolio.
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