Citadel Advisors LLC Buys Shares of 14,556 MFS Multimarket Income Trust (NYSE:MMT)

Citadel Advisors LLC acquired a new position in MFS Multimarket Income Trust (NYSE:MMT) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 14,556 shares of the closed-end fund’s stock, valued at approximately $68,000.

A number of other institutional investors have also made changes to their positions in the business. Commonwealth Equity Services LLC increased its stake in shares of MFS Multimarket Income Trust by 4.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 183,356 shares of the closed-end fund’s stock worth $860,000 after purchasing an additional 7,055 shares during the period. Broadway Wealth Solutions Inc. bought a new position in shares of MFS Multimarket Income Trust in the fourth quarter worth about $70,000. Schwarz Dygos Wheeler Investment Advisors LLC bought a new position in shares of MFS Multimarket Income Trust in the fourth quarter worth about $72,000. Ashton Thomas Securities LLC increased its stake in shares of MFS Multimarket Income Trust by 97.1% in the fourth quarter. Ashton Thomas Securities LLC now owns 34,500 shares of the closed-end fund’s stock worth $162,000 after purchasing an additional 17,000 shares during the period. Finally, Invesco Ltd. increased its stake in shares of MFS Multimarket Income Trust by 2.6% in the fourth quarter. Invesco Ltd. now owns 692,046 shares of the closed-end fund’s stock worth $3,246,000 after purchasing an additional 17,284 shares during the period. 18.97% of the stock is currently owned by institutional investors.

MFS Multimarket Income Trust Trading Up 0.2%

MFS Multimarket Income Trust stock opened at $4.63 on Wednesday. The business’s 50-day simple moving average is $4.56 and its 200-day simple moving average is $4.63. MFS Multimarket Income Trust has a 52 week low of $4.31 and a 52 week high of $4.90.

MFS Multimarket Income Trust Announces Dividend

The company also recently announced a — dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 17th will be given a dividend of $0.033 per share. This represents a yield of 8.7%. The ex-dividend date of this dividend is Tuesday, June 17th.

MFS Multimarket Income Trust Profile

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.