Welcome to our dedicated page for MFS Municipal Income news (Ticker: MFM), a resource for investors and traders seeking the latest updates and insights on MFS Municipal Income stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MFS Municipal Income's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MFS Municipal Income's position in the market.
abrdn National Municipal Income Fund (NYSE American: VFL) announced a proposed reorganization into MFS Municipal Income Trust (NYSE: MFM) as the surviving fund, with an intended post-close name change to Aberdeen Municipal Income Fund. Shareholders will be asked to approve adviser appointment, trustee appointments, and issuance of shares.
The move is intended to create a larger, more efficient fund with higher trading volume and a goal of reducing the discount to net asset value; the surviving fund is targeting an annual distribution rate of 6% of net asset value. Record shareholders as of Dec 11, 2025 will be asked to vote at a special meeting tentatively set for Mar 11, 2026, with closing expected in Q2 2026, subject to shareholder approval and SEC registration effectiveness.
MFS® has updated the portfolio management team for three closed-end funds: MFS® High Income Municipal Trust (NYSE: CXE), MFS® High Yield Municipal Trust (NYSE: CMU), and MFS® Municipal Income Trust (NYSE: MFM), effective immediately. The team will be led by portfolio managers Michael Dawson, Jason Kosty, and Geoffrey Schechter. This change follows the passing of Gary Lasman on March 28, 2023. MFS emphasizes that the investment objectives and strategies of the funds remain unchanged despite this personnel transition. MFS, established in 1924, manages approximately US$560.4 billion in assets as of February 28, 2023.
MFS Investment Grade Municipal Trust (NYSE:CXH) has declared a long-term capital gain distribution of $0.04633 per share and a short-term capital gain distribution of $0.01932. Both distributions have an ex-dividend date of December 14, 2021 and a record date of December 15, 2021, with payments on December 31, 2021. Additionally, MFS Municipal Income Trust (NYSE:MFM) also announced a long-term capital gain distribution of $0.00254 per share, following the same ex-dividend and record dates.
FAQ
What is the current stock price of MFS Municipal Income (MFM)?
What is the market cap of MFS Municipal Income (MFM)?
