Insider Buying: Maryanne L. Roepke Purchases 1,862 Shares of MFS Municipal Income Trust Stock (MFM)
MFS Municipal Income Trust (NYSE:MFM) Director Maryanne L. Roepke acquired 1,862 shares of the company’s stock in a transaction that occurred on Wednesday, July 23rd. The shares were purchased at an average cost of $6.49 per share, for a total transaction of $12,084.38. Following the acquisition, the director now directly owns 1,862 shares of the company’s stock, valued at approximately $12,084. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of MFS Municipal Income Trust (NYSE:MFM) opened at 6.49 on Friday. MFS Municipal Income Trust has a 1-year low of $5.87 and a 1-year high of $6.82. The stock has a 50-day moving average of $6.53 and a 200-day moving average of $6.48.
MFS Municipal Income Trust (NYSE:MFM) is a closed-end fund and maintains a portfolio that includes investments in debt securities issued by or on behalf of states, territories and possessions of the United States and the District of Columbia.
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