MFS Multimarket Income Trust (NYSE:MMT) Share Price Passes Below 200-Day Moving Average – Here’s Why

Posted by Lindsey Winhoffer on Mar 19th, 2025

MFS Multimarket Income Trust (NYSE:MMT – Get Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $4.72 and traded as low as $4.62. MFS Multimarket Income Trust shares last traded at $4.63, with a volume of 119,879 shares.

MFS Multimarket Income Trust Stock Performance

The business has a 50 day moving average of $4.66 and a 200-day moving average of $4.72.

MFS Multimarket Income Trust Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Tuesday, March 18th will be paid a dividend of $0.0337 per share. This represents a $0.40 dividend on an annualized basis and a yield of 8.78%. This is a boost from MFS Multimarket Income Trust’s previous monthly dividend of $0.03. The ex-dividend date of this dividend is Tuesday, March 18th.

Institutional Trading of MFS Multimarket Income Trust

Large investors have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC bought a new stake in MFS Multimarket Income Trust during the 4th quarter worth approximately $49,000. Citadel Advisors LLC bought a new position in shares of MFS Multimarket Income Trust during the 4th quarter worth approximately $68,000. Broadway Wealth Solutions Inc. bought a new position in shares of MFS Multimarket Income Trust during the 4th quarter worth approximately $70,000. Schwarz Dygos Wheeler Investment Advisors LLC bought a new position in shares of MFS Multimarket Income Trust during the 4th quarter worth approximately $72,000. Finally, Kovitz Investment Group Partners LLC bought a new position in shares of MFS Multimarket Income Trust during the 3rd quarter worth approximately $103,000. 18.97% of the stock is owned by institutional investors.

MFS Multimarket Income Trust Company Profile

(Get Free Report)

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.