L.M. Kohn & Company Has $63,000 Holdings in MFS Intermediate Income Trust (NYSE:MIN)

L.M. Kohn & Company cut its holdings in MFS Intermediate Income Trust (NYSE:MIN) by 26.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 23,198 shares of the financial services provider’s stock after selling 8,393 shares during the period. L.M. Kohn & Company’s holdings in MFS Intermediate Income Trust were worth $63,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of MIN. Kingsview Wealth Management LLC lifted its position in MFS Intermediate Income Trust by 6.8% during the third quarter. Kingsview Wealth Management LLC now owns 242,388 shares of the financial services provider’s stock worth $659,000 after purchasing an additional 15,444 shares during the period. Ameritas Advisory Services LLC lifted its holdings in shares of MFS Intermediate Income Trust by 37.6% in the second quarter. Ameritas Advisory Services LLC now owns 232,640 shares of the financial services provider’s stock worth $619,000 after acquiring an additional 63,582 shares during the last quarter. Private Advisor Group LLC lifted its holdings in shares of MFS Intermediate Income Trust by 47.1% in the third quarter. Private Advisor Group LLC now owns 210,700 shares of the financial services provider’s stock worth $573,000 after acquiring an additional 67,500 shares during the last quarter. Shaker Financial Services LLC lifted its holdings in shares of MFS Intermediate Income Trust by 15.5% in the third quarter. Shaker Financial Services LLC now owns 176,098 shares of the financial services provider’s stock worth $479,000 after acquiring an additional 23,605 shares during the last quarter. Finally, Dakota Wealth Management lifted its holdings in shares of MFS Intermediate Income Trust by 72.5% in the second quarter. Dakota Wealth Management now owns 71,700 shares of the financial services provider’s stock worth $191,000 after acquiring an additional 30,125 shares during the last quarter. 50.90% of the stock is currently owned by institutional investors and hedge funds.

MFS Intermediate Income Trust Price Performance

MIN stock opened at $2.71 on Monday. MFS Intermediate Income Trust has a 12 month low of $2.56 and a 12 month high of $2.85. The firm has a 50-day moving average price of $2.72 and a 200-day moving average price of $2.70.

MFS Intermediate Income Trust Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, November 29th. Stockholders of record on Tuesday, November 12th were issued a $0.0201 dividend. The ex-dividend date of this dividend was Tuesday, November 12th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 8.89%.

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.