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MIN - MFS Intermediat...

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MFS Intermediate Income Trust

MIN

NYSE

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.

2.64 USD

0 (0%)

Historical Prices

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About

ceo

Ms. Robin Ann Stelmach

sector

Financial Services

industry

Asset Management - Income

exchange

NYSE

Description

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.

CIK

0000826735

ISIN

US55273C1071

CUSIP

55273C107

Address

111 Huntington Avenue

Phone

617 954 5000

Country

US

Employee

N/A

IPO Date

Mar 11, 1988

Financial Statement

-10M-5M05M10M15M20M2023 Q22023 Q32023 Q42024 Q12024 Q2RevenueNet Income

Earnings

-0.15-0.1-0.0500.050.10.150.22022 Q42023 Q12023 Q22023 Q32023 Q42024 Q12024 Q22024 Q3EPS Consensus

MIN Financial Summary

CIK

0000826735

Exchange

NYSE

Industry

Asset Management - I...

Sector

Financial Services

CUSIP

55273C107

ISIN

US55273C1071

Country

US

Price

2.64

Beta

0.29

Volume Avg.

216.34k

Market Cap

300.43M

Shares

-

52-Week

2.56-2.85

DCF

0

ROE

-

ROA

-

Operating Margin

-

Debt/Equity

-

P/E

11

P/B

-

Website

https://www.mfs.com/en-us/individual-investor/prod...

Upgrades and Downgrades

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Latest MIN News

Seeking Alpha

May 20, 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 29.84%. The fund's distribution does not seem to be sustainable, as it is not covering its distributions with net investment income.

Forbes

Jan 16, 2024

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 management. But it'll still come up short.

Seeking Alpha

Jan 12, 2024

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 decreasing net asset value. Despite the artificial yield, MIN's total return is competitive compared to similar ETFs.

Seeking Alpha

Dec 3, 2023

Closed-End Funds: Investment-Grade Corporate Fixed-Income Ex...

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 volatility to consider when investing in these funds, which would otherwise be for more conservative investors. Besides the higher yields, when rates decline investment-grade funds should see a significant rebound, adding a catalyst for potential upside and 'locking in' higher yields now.

Seeking Alpha

Oct 12, 2023

MIN: Avoid This Return Of Principal Fund And Consider High Y...

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 in a decline in its net asset value. Investors should consider alternative high-yielding investments that earn more than they pay in distributions, such as treasury bill funds or AAA CLO ETFs.

Seeking Alpha

Jan 4, 2023

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.

Seeking Alpha

Oct 26, 2022

MIN: Moving From Sell To Hold On This Investment Grade Bond ...

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.

Seeking Alpha

Mar 25, 2022

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.

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