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

Posted by Renee Jackson on Mar 19th, 2025

MFS Multimarket Income Trust (NYSE:MMT – Get Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-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 firm’s 50 day moving average price is $4.66 and its two-hundred day moving average price is $4.72.

MFS Multimarket Income Trust Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 18th will be issued a $0.0337 dividend. This represents a $0.40 annualized dividend and a dividend yield of 8.78%. The ex-dividend date is Tuesday, March 18th. This is an increase from MFS Multimarket Income Trust’s previous monthly dividend of $0.03.

Institutional Investors Weigh In On MFS Multimarket Income Trust

Large investors have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of MFS Multimarket Income Trust in the 4th quarter valued at approximately $49,000. Citadel Advisors LLC acquired a new stake in shares of MFS Multimarket Income Trust in the 4th quarter valued at approximately $68,000. Broadway Wealth Solutions Inc. acquired a new stake in shares of MFS Multimarket Income Trust in the 4th quarter valued at approximately $70,000. Schwarz Dygos Wheeler Investment Advisors LLC acquired a new stake in MFS Multimarket Income Trust during the 4th quarter valued at $72,000. Finally, Kovitz Investment Group Partners LLC acquired a new stake in MFS Multimarket Income Trust during the 3rd quarter valued at $103,000. Institutional investors and hedge funds own 18.97% of the company’s stock.

About MFS Multimarket Income Trust

(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.