Allspring Global Investments Holdings LLC Has $9.20 Million Position in MFS Multimarket Income Trust (NYSE:MMT)

Allspring Global Investments Holdings LLC grew its holdings in MFS Multimarket Income Trust (NYSE:MMT) by 1.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,021,142 shares of the closed-end fund’s stock after purchasing an additional 22,600 shares during the quarter. Allspring Global Investments Holdings LLC owned about 3.50% of MFS Multimarket Income Trust worth $9,196,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James Financial Services Advisors Inc. grew its position in shares of MFS Multimarket Income Trust by 8.6% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 647,674 shares of the closed-end fund’s stock valued at $2,947,000 after purchasing an additional 51,158 shares during the last quarter. Commonwealth Equity Services LLC grew its position in shares of MFS Multimarket Income Trust by 6.9% in the third quarter. Commonwealth Equity Services LLC now owns 119,621 shares of the closed-end fund’s stock valued at $510,000 after purchasing an additional 7,726 shares during the last quarter. Ieq Capital LLC acquired a new stake in shares of MFS Multimarket Income Trust in the third quarter valued at about $48,000. MGO One Seven LLC grew its position in shares of MFS Multimarket Income Trust by 206.7% in the third quarter. MGO One Seven LLC now owns 32,440 shares of the closed-end fund’s stock valued at $138,000 after purchasing an additional 21,863 shares during the last quarter. Finally, Park Avenue Securities LLC acquired a new stake in shares of MFS Multimarket Income Trust in the third quarter valued at about $81,000. 18.97% of the stock is owned by institutional investors and hedge funds.

MFS Multimarket Income Trust Price Performance

MMT stock opened at $4.45 on Wednesday. MFS Multimarket Income Trust has a twelve month low of $4.04 and a twelve month high of $4.70. The business’s 50-day simple moving average is $4.60 and its 200 day simple moving average is $4.48.

MFS Multimarket Income Trust Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Wednesday, April 17th will be given a dividend of $0.034 per share. The ex-dividend date of this dividend is Tuesday, April 16th. This is an increase from MFS Multimarket Income Trust’s previous monthly dividend of $0.03. This represents a $0.41 dividend on an annualized basis and a yield of 9.17%.

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.