Hara Capital LLC Has $624,000 Holdings in MFS Intermediate Income Trust (NYSE:MIN)

Hara Capital LLC trimmed its position in MFS Intermediate Income Trust (NYSE:MIN) by 10.6% in the third quarter, HoldingsChannel.com reports. The firm owned 229,393 shares of the financial services provider’s stock after selling 27,300 shares during the period. Hara Capital LLC’s holdings in MFS Intermediate Income Trust were worth $624,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MIN. Shaker Financial Services LLC raised its stake in shares of MFS Intermediate Income Trust by 15.5% in the 3rd quarter. Shaker Financial Services LLC now owns 176,098 shares of the financial services provider’s stock valued at $479,000 after buying an additional 23,605 shares in the last quarter. PFG Investments LLC acquired a new position in MFS Intermediate Income Trust in the third quarter worth about $35,000. Private Advisor Group LLC lifted its stake in MFS Intermediate Income Trust by 47.1% during the third quarter. Private Advisor Group LLC now owns 210,700 shares of the financial services provider’s stock worth $573,000 after purchasing an additional 67,500 shares during the period. Sanctuary Advisors LLC acquired a new stake in MFS Intermediate Income Trust during the second quarter valued at approximately $62,000. Finally, Choreo LLC bought a new stake in shares of MFS Intermediate Income Trust in the 2nd quarter valued at approximately $73,000. 50.90% of the stock is owned by institutional investors.

MFS Intermediate Income Trust Stock Performance

Shares of MIN remained flat at $2.73 during mid-day trading on Thursday. The stock had a trading volume of 14,403 shares, compared to its average volume of 236,360. MFS Intermediate Income Trust has a fifty-two week low of $2.52 and a fifty-two week high of $2.85. The stock’s fifty day moving average price is $2.74 and its 200-day moving average price is $2.69.

MFS Intermediate Income Trust Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Tuesday, November 12th will be paid a dividend of $0.0201 per share. The ex-dividend date of this dividend is Tuesday, November 12th. This represents a $0.24 annualized dividend and a yield of 8.83%.

MFS Intermediate Income Trust Company Profile

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.