Ashton Thomas Securities LLC Has $129,000 Holdings in MFS Multimarket Income Trust $MMT

Ashton Thomas Securities LLC lessened its holdings in MFS Multimarket Income Trust (NYSE:MMT) by 20.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 27,500 shares of the closed-end fund’s stock after selling 7,000 shares during the quarter. Ashton Thomas Securities LLC’s holdings in MFS Multimarket Income Trust were worth $129,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of MMT. Janney Montgomery Scott LLC boosted its holdings in shares of MFS Multimarket Income Trust by 1.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 371,451 shares of the closed-end fund’s stock valued at $1,727,000 after acquiring an additional 4,159 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in shares of MFS Multimarket Income Trust during the fourth quarter worth about $49,000. Citadel Advisors LLC acquired a new stake in MFS Multimarket Income Trust during the 4th quarter worth approximately $68,000. Invesco Ltd. boosted its position in MFS Multimarket Income Trust by 8.6% during the 1st quarter. Invesco Ltd. now owns 751,236 shares of the closed-end fund’s stock worth $3,493,000 after buying an additional 59,190 shares during the period. Finally, Raymond James Financial Inc. grew its holdings in MFS Multimarket Income Trust by 2.5% during the 1st quarter. Raymond James Financial Inc. now owns 857,321 shares of the closed-end fund’s stock worth $3,987,000 after acquiring an additional 21,042 shares during the last quarter. Institutional investors and hedge funds own 18.97% of the company’s stock.

MFS Multimarket Income Trust Trading Down 0.6%

NYSE MMT opened at $4.77 on Friday. The business’s 50-day moving average price is $4.74 and its two-hundred day moving average price is $4.65. MFS Multimarket Income Trust has a 12 month low of $4.31 and a 12 month high of $4.89.

MFS Multimarket Income Trust Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, October 14th will be issued a dividend of $0.034 per share. This is an increase from MFS Multimarket Income Trust’s previous monthly dividend of $0.03. This represents a c) dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date is Tuesday, October 14th.

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.