MFS Municipal Income Trust declares $0.024 dividend
Seeking Alpha News (Mon, 2-Mar 5:21 PM ET)
MFS Announces Closed-End Fund Distributions
Business Wire (Mon, 2-Mar 4:15 PM ET)
PRNewswire (Thu, 11-Dec 4:20 PM ET)
The fund invests, under normal market conditions, at least 80% of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in municipal bonds (debt securities issued by or on behalf of states, territories, possessions of the United States, District of Columbia, and their political subdivisions, agencies, or instrumentalities, the interest on which is exempt from federal income tax).
MFS Muni Income trades on the NYSE stock market under the symbol MFM.
As of March 3, 2026, MFM stock price was flat at $5.58 with 153,666 million shares trading.
MFM has a beta of 0.02, meaning it tends to be less sensitive to market movements. MFM has a correlation of 0.00 to the broad based SPY ETF.
MFM has a market cap of $229.83 million. This is considered a Small Cap stock.
In the last 3 years, MFM traded as high as $5.78 and as low as $4.37.
MFM has underperformed the market in the last year with a return of +5.6%, while SPY returned +15.7%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in MFM shares. However, MFM has outperformed the market in the last 3 month and 2 week periods, returning +6.0% and +1.5%, while SPY returned +0.1% and -0.2%, respectively. This indicates MFM has been having a stronger performance recently.
MFM support price is $5.54 and resistance is $5.63 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MFM shares will trade within this expected range on the day.