MFS Intermediate Income Trust (MIN)
Market Value | 303.27M |
Revenue (ttm) | 12.20M |
Net Income (ttm) | 3.78M |
Shares Out | 113.80M |
EPS (ttm) | 0.03 |
PE Ratio | 80.20 |
Forward PE | n/a |
Dividend | $0.16 (5.90%) |
Ex-Dividend Date | Nov 12, 2024 |
Volume | 722,391 |
Open | 2.660 |
Previous Close | 2.670 |
Day's Range | 2.660 - 2.680 |
52-Week Range | 2.560 - 2.850 |
Beta | 0.29 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | n/a |
About MIN
MFS Intermediate Income Trust is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets across the globe. It primarily invests in debt instruments. The fund seeks to benchmarks the performance of its portfolio against the Barclays Intermediate U.S. Government/Credit and MFS Intermediate Income Trust Blended Index. MFS Intermediate Income Trust was formed on March 17, 1988 and is domiciled in the United States. [Read more]
News
MFS Releases Closed-End Fund Income Distribution Sources for Certain Funds
BOSTON--(BUSINESS WIRE)--MFS announces distribution income sources for several closed end funds for October 2024.
MIN: This Fund's Portfolio Cannot Support The Current Yield
MFS Intermediate Income Fund offers a 9.19% yield, but it is not attractive compared to other options in the market. The fund's performance has been poor over the past three years, with a decline of 2...
3 High-Yield Dividend Traps To Avoid In 2024
Here's the thing about high-yield closed-end funds (CEFs): sometimes a CEF will seem to have all the earmarks of a terrific investment: high (and monthly) dividends, reasonable fees and reputable mana...
MIN: You Have To Understand What You Buy
MFS Intermediate Income Fund attracts retail investors with its high, unsupported dividend yield of 9%. MIN utilizes artificial yields by distributing more than its actual cash flows, leading to a dec...
Closed-End Funds: Investment-Grade Corporate Fixed-Income Exposure To Consider
Investment-grade corporate-focused closed-end funds offer attractive fixed-income options with higher yields in the current higher-rate environment. Leverage and discounts/premiums in CEFs add volatil...
MIN: Avoid This Return Of Principal Fund And Consider High Yielding Alternatives
The MFS Intermediate Income Trust has struggled to earn sufficient returns to support its 8.5% distribution yield. The fund has been relying on liquidating assets to fund its distributions, resulting ...
MIN: The High Yield Is A Mirage
The MIN fund invests in investment grade bonds and treasuries. It targets an 8.5% of NAV monthly distribution.
MIN: Moving From Sell To Hold On This Investment Grade Bond CEF
MFS Intermediate Income Trust (MIN) is a fixed income CEF that focuses on treasuries and investment-grade bonds. The fund has no leverage but has been pummeled in 2022 as rates have risen.
MIN: How To Make 2% When Thinking You Are Getting 9.47%
MFS Intermediate Income Trust is a closed end fund that invests in Treasuries and investment-grade bonds.
MIN: Still The Poster Child For Distributing More Than You Earn
Last year we used MFS Intermediate Income Trust (MIN) as the ideal case study for explaining how to tell the difference between "constructive" and "destructive" return of capital. Unfortunately MIN's ...
'Destructive ROC': A Case Study - MFS Intermediate Income Trust
A recent question from a reader presents a good "teaching moment" for evaluating closed-end fund distributions, especially the sustainability of the payout in relation to the fund's underlying earning...
Preparing For Distribution Changes For CEFs With MDPs
Some CEFs have managed distribution policies that are linked directly or indirectly to their NAVs, allowing investors to forecast changes in distributions with varying accuracy. Recent volatility has ...
Investment Grade And Government Bond CEFs' Turn To Shine
Investment Grade And Government Bond CEFs' Turn To Shine
MIN: A 9% Yielding Conservative Bond CEF To Buy Now
MIN: A 9% Yielding Conservative Bond CEF To Buy Now