MFS Municipal Income Trust

MFS Municipal Income Trustverified

MFM

Price:

$5.72

Market Cap:

$235.59M

MFS Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in tax-exempt bonds and tax-exempt notes. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index. MFS Municipal Income Trust was founded in November 25, 1986 and and is domiciled in United States.[Read more]

Industry

Asset Management - Income

IPO Date

1986-11-18

Stock Exchange

NYSE

Ticker

MFM

The Dividend Yield as of September 2024 (TTM) for MFS Municipal Income Trust (MFM) is 3.77%

According to MFS Municipal Income Trust’s latest financial reports and current stock price. The company's current Dividend Yield is 3.77%. This represents a change of 125.36% compared to the average of 1.67% of the last 4 quarters.

MFS Municipal Income Trust (MFM) Historical Dividend Yield (quarterly & annually)

How has MFM Dividend Yield performed in the past?

The mean historical Dividend Yield of MFS Municipal Income Trust over the last ten years is 5.41%. The current 3.77% Dividend Yield has changed -30.41% with respect to the historical average. Over the past ten years (40 quarters), MFM's Dividend Yield was at its highest in in the April 2020 quarter at 2.66%. The Dividend Yield was at its lowest in in the July 2023 quarter at 0.98%.

Quarterly (TTM)
Annual

Average

5.41%

Median

5.52%

Minimum

4.39%

Maximum

6.25%

MFS Municipal Income Trust (MFM) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of MFS Municipal Income Trust Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 25.81%

Maximum Annual Dividend Yield = 6.25%

Minimum Annual Increase = -21.99%

Minimum Annual Dividend Yield = 4.39%

Quarterly (TTM)
Annual
YearDividend YieldChange
20234.86%-11.88%
20225.52%25.81%
20214.39%-12.45%
20205.01%3.91%
20194.82%-21.99%
20186.18%11.82%
20175.53%-0.31%
20165.55%-7.93%
20156.02%-3.64%
20146.25%-7.89%

MFS Municipal Income Trust (MFM) Average Dividend Yield

How has MFM Dividend Yield performed in the past?

The current Dividend Yield of MFS Municipal Income Trust (MFM) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

4.92%

5-year avg

4.92%

10-year avg

5.41%

MFS Municipal Income Trust (MFM) Dividend Yield vs. Peers

How is MFM’s Dividend Yield compared to its peers?

MFS Municipal Income Trust’s Dividend Yield is less than Virtus Convertible & Income 2024 Target Term Fund (3.68%), less than Eaton Vance National Municipal Opportunities Trust (4.21%), less than Invesco High Income 2024 Target Term Fund (4.64%), less than BlackRock MuniHoldings New York Quality Fund, Inc. (4.56%), less than Nuveen California Select Tax-Free Income Portfolio (3.57%), less than MFS Investment Grade Municipal Trust (3.24%), less than Federated Hermes Premier Municipal Income Fund (3.45%), less than BlackRock MuniYield Quality Fund, Inc. (3.56%), less than BlackRock MuniYield Quality Fund II, Inc. (5.14%), less than MFS High Income Municipal Trust (3.96%), less than John Hancock Income Securities Trust (4.01%), less than BlackRock MuniHoldings Fund, Inc. (4.64%), less than MFS High Yield Municipal Trust (3.85%), less than DTF Tax-Free Income 2028 Term Fund Inc. (3.44%), less than MFS Government Markets Income Trust (6.67%),

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Frequently asked questions❓

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How does the current Dividend Yield for MFS Municipal Income Trust (MFM) compare to its historical average?