Cohen & Steers Inc. grew its position in shares of MFS Multimarket Income Trust (NYSE:MMT) by 6.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 465,576 shares of the closed-end fund’s stock after purchasing an additional 27,218 shares during the period. Cohen & Steers Inc. owned 0.66% of MFS Multimarket Income Trust worth $2,905,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC lifted its holdings in shares of MFS Multimarket Income Trust by 5.7% during the 2nd quarter. Janney Montgomery Scott LLC now owns 29,863 shares of the closed-end fund’s stock worth $185,000 after acquiring an additional 1,600 shares during the period. Stifel Financial Corp lifted its holdings in shares of MFS Multimarket Income Trust by 46.8% during the 2nd quarter. Stifel Financial Corp now owns 224,143 shares of the closed-end fund’s stock worth $1,390,000 after acquiring an additional 71,436 shares during the period. HighTower Advisors LLC lifted its holdings in shares of MFS Multimarket Income Trust by 12.8% during the 2nd quarter. HighTower Advisors LLC now owns 424,391 shares of the closed-end fund’s stock worth $2,623,000 after acquiring an additional 48,167 shares during the period. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of MFS Multimarket Income Trust by 9.8% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 104,282 shares of the closed-end fund’s stock worth $647,000 after acquiring an additional 9,345 shares during the period. Finally, Sit Investment Associates Inc. lifted its holdings in shares of MFS Multimarket Income Trust by 4.2% during the 3rd quarter. Sit Investment Associates Inc. now owns 1,127,952 shares of the closed-end fund’s stock worth $7,038,000 after acquiring an additional 45,000 shares during the period. 19.29% of the stock is currently owned by institutional investors.

Shares of MFS Multimarket Income Trust (MMT) traded down $0.01 during mid-day trading on Wednesday, hitting $6.08. 126,700 shares of the stock traded hands, compared to its average volume of 198,949. MFS Multimarket Income Trust has a 1-year low of $5.91 and a 1-year high of $6.29.

The business also recently disclosed a monthly dividend, which will be paid on Friday, December 29th. Stockholders of record on Wednesday, December 20th will be issued a dividend of $0.0442 per share. The ex-dividend date is Tuesday, December 19th. This represents a $0.53 annualized dividend and a dividend yield of 8.72%.

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MFS Multimarket Income Trust Profile

MFS Multimarket Income Trust (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to seek high current income, but may also consider capital appreciation. The Fund’s investment portfolio includes High Yield Corporates, Investment Grade Corporates, Emerging Markets Bonds, Mortgage-Backed Securities, the United States Government Agencies, Commercial Mortgage-Backed Securities, Floating Rate Loans, Collateralized Debt Obligations, Asset-Backed Securities, the Non-United States Government Bonds and the United States Treasury Securities.

Institutional Ownership by Quarter for MFS Multimarket Income Trust (NYSE:MMT)

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