23,653 Shares in MFS Multimarket Income Trust (MMT) Acquired by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. purchased a new position in MFS Multimarket Income Trust (NYSE:MMT) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 23,653 shares of the closed-end fund’s stock, valued at approximately $144,000.

Other hedge funds have also bought and sold shares of the company. Cohen & Steers Inc. boosted its stake in MFS Multimarket Income Trust by 6.2% in the 3rd quarter. Cohen & Steers Inc. now owns 465,576 shares of the closed-end fund’s stock worth $2,905,000 after purchasing an additional 27,218 shares during the period. Yellowstone Partners LLC bought a new position in MFS Multimarket Income Trust in the 3rd quarter worth approximately $467,000. Cetera Advisor Networks LLC boosted its stake in MFS Multimarket Income Trust by 41.0% in the 3rd quarter. Cetera Advisor Networks LLC now owns 141,207 shares of the closed-end fund’s stock worth $881,000 after purchasing an additional 41,073 shares during the period. Crow Point Partners LLC bought a new position in MFS Multimarket Income Trust in the 4th quarter worth approximately $1,024,000. Finally, Advisor Group Inc. boosted its stake in MFS Multimarket Income Trust by 87.5% in the 3rd quarter. Advisor Group Inc. now owns 177,333 shares of the closed-end fund’s stock worth $1,107,000 after purchasing an additional 82,736 shares during the period. Institutional investors and hedge funds own 19.50% of the company’s stock.

MFS Multimarket Income Trust (MMT) opened at $5.75 on Friday. MFS Multimarket Income Trust has a 52 week low of $5.65 and a 52 week high of $6.29.

The firm also recently declared a monthly dividend, which will be paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 14th will be paid a $0.044 dividend. The ex-dividend date is Tuesday, February 13th. This represents a $0.53 annualized dividend and a yield of 9.18%.

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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.

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

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