MFS Intermediate Income Trust (MIN) Position Decreased by Karpus Management Inc.

Karpus Management Inc. decreased its holdings in MFS Intermediate Income Trust (NYSE:MIN) by 34.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,743,130 shares of the financial services provider’s stock after selling 1,930,447 shares during the quarter. Karpus Management Inc. owned about 3.18% of MFS Intermediate Income Trust worth $16,021,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of MIN. Sit Investment Associates Inc. lifted its position in MFS Intermediate Income Trust by 4.3% during the 3rd quarter. Sit Investment Associates Inc. now owns 12,216,157 shares of the financial services provider’s stock worth $52,285,000 after acquiring an additional 498,762 shares during the period. Thrivent Financial For Lutherans raised its stake in shares of MFS Intermediate Income Trust by 12.2% during the 2nd quarter. Thrivent Financial For Lutherans now owns 445,259 shares of the financial services provider’s stock valued at $1,924,000 after buying an additional 48,375 shares during the last quarter. Wealthsource Partners LLC raised its stake in shares of MFS Intermediate Income Trust by 9.6% during the 2nd quarter. Wealthsource Partners LLC now owns 243,604 shares of the financial services provider’s stock valued at $1,052,000 after buying an additional 21,300 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in shares of MFS Intermediate Income Trust by 2.7% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 166,524 shares of the financial services provider’s stock valued at $719,000 after buying an additional 4,442 shares during the last quarter. Finally, Royal Bank of Canada raised its stake in shares of MFS Intermediate Income Trust by 22.6% during the 2nd quarter. Royal Bank of Canada now owns 126,421 shares of the financial services provider’s stock valued at $547,000 after buying an additional 23,289 shares during the last quarter. 33.44% of the stock is owned by hedge funds and other institutional investors.

Shares of MFS Intermediate Income Trust (MIN) traded up $0.01 during trading on Friday, hitting $4.15. The company had a trading volume of 459,349 shares, compared to its average volume of 318,967. MFS Intermediate Income Trust has a 1 year low of $4.09 and a 1 year high of $4.44.

The firm also recently declared a monthly dividend, which was paid on Friday, December 29th. Investors of record on Wednesday, December 20th were paid a $0.0314 dividend. The ex-dividend date was Tuesday, December 19th. This represents a $0.38 annualized dividend and a dividend yield of 9.09%.

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MFS Intermediate Income Trust Profile

MFS Intermediate 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 Investment Grade Corporates, the Non-United States Government Bonds, the United States Treasury Securities, Emerging Markets Bonds, Asset-Backed Securities, Mortgage-Backed Securities, High Yield Corporates, the United States Government Agencies, Residential Mortgage-Backed Securities, Commercial Mortgage-Backed Securities and Collateralized Debt Obligations.

Institutional Ownership by Quarter for MFS Intermediate Income Trust (NYSE:MIN)

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