Who bought MMT stock?
Find the latest MFS Multimarket Income Trust (MMT) stock quote, history, news and other vital information to help you with your stock trading and investing.
What does MMT stand for?
Apr 02, 2022 · MFS Multimarket Income Trust's stock was trading at $5.46 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MMT stock has decreased by 5.1% and is now trading at $5.18. View which stocks have been most impacted by COVID-19.
Is MMT bad for the economy?
Apr 08, 2022 · MMT 5.16 0.04 (0.77%) 66. Key Data. 52wk Low 5.00. 52wk High 6.65.
What is a buffer stock in MMT?
Jan 01, 2019 · A. The stock price for MFS Multimarket IT ( NYSE: MMT) is $ 6.58 last updated Fri Oct 29 2021 19:56:51 GMT+0000 (Coordinated Universal Time). Q.
How has MFS Multimarket Income Trust's stock been impacted by Coronavirus?
MFS Multimarket Income Trust's stock was trading at $5.46 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Healt...
Are investors shorting MFS Multimarket Income Trust?
MFS Multimarket Income Trust saw a decrease in short interest in the month of February. As of February 28th, there was short interest totaling 15,1...
How often does MFS Multimarket Income Trust pay dividends? What is the dividend yield for MFS Multimarket Income Trust?
MFS Multimarket Income Trust declared a monthly dividend on Tuesday, March 1st. Investors of record on Wednesday, March 16th will be paid a dividen...
Is MFS Multimarket Income Trust a good dividend stock?
MFS Multimarket Income Trust pays an annual dividend of $0.50 per share and currently has a dividend yield of 9.62%. MMT has a dividend yield highe...
Who are MFS Multimarket Income Trust's key executives?
MFS Multimarket Income Trust's management team includes the following people: Mr. Frank L. Tarantino , Independent Chief Compliance Officer (Age...
What is Nicolas de Tavernost's approval rating as MFS Multimarket Income Trust's CEO?
11 employees have rated MFS Multimarket Income Trust CEO Nicolas de Tavernost on Glassdoor.com . Nicolas de Tavernost has an approval rating of 96...
Who are some of MFS Multimarket Income Trust's key competitors?
Some companies that are related to MFS Multimarket Income Trust include Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) , Cornerstone Strategic V...
What other stocks do shareholders of MFS Multimarket Income Trust own?
Based on aggregate information from My MarketBeat watchlists, some companies that other MFS Multimarket Income Trust investors own include The Mee...
What is MFS Multimarket Income Trust's stock symbol?
MFS Multimarket Income Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "MMT."
What stocks does MarketBeat like better than MFS Multimarket Income Trust?
Wall Street analysts have given MFS Multimarket Income Trust a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but MFS Multimarket Income Trust wasn't one of them.
Are investors shorting MFS Multimarket Income Trust?
MFS Multimarket Income Trust saw a increase in short interest in August. As of August 13th, there was short interest totaling 70,200 shares, an increase of 147.2% from the July 29th total of 28,400 shares.
How has MFS Multimarket Income Trust's stock price been impacted by COVID-19 (Coronavirus)?
MFS Multimarket Income Trust's stock was trading at $5.46 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MMT stock has increased by 20.7% and is now trading at $6.59.#N#View which stocks have been most impacted by COVID-19.
How often does MFS Multimarket Income Trust pay dividends? What is the dividend yield for MFS Multimarket Income Trust?
MFS Multimarket Income Trust announced a monthly dividend on Monday, August 2nd. Shareholders of record on Wednesday, August 18th will be given a dividend of $0.042 per share on Tuesday, August 31st. This represents a $0.50 annualized dividend and a dividend yield of 7.65%. The ex-dividend date is Tuesday, August 17th.
Is MFS Multimarket Income Trust a good dividend stock?
MFS Multimarket Income Trust pays an annual dividend of $0.51 per share and currently has a dividend yield of 7.77%. MMT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.#N#View MFS Multimarket Income Trust's dividend history.
What is Nicolas de Tavernost's approval rating as MFS Multimarket Income Trust's CEO?
11 employees have rated MFS Multimarket Income Trust CEO Nicolas de Tavernost on Glassdoor.com. Nicolas de Tavernost has an approval rating of 96% among MFS Multimarket Income Trust's employees. This puts Nicolas de Tavernost in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
Who are some of MFS Multimarket Income Trust's key competitors?
Some companies that are related to MFS Multimarket Income Trust include iShares MSCI Australia ETF (EWA), Boulder Growth & Income Fund (BIF), Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX), Tekla Healthcare Investors (HQH), Central Securities (CET), General American Investors (GAM), AllianceBernstein Global High Income Fund (AWF), Aberdeen Asia-Pacific Income Fund (FAX), iShares MSCI Hong Kong ETF (EWH), BlackRock MuniYield Quality Fund III (MYI), Cornerstone Strategic Value Fund (CLM), SPDR Bloomberg Barclays International Treasury Bond ETF (BWX), Invesco Municipal Opportunity Trust (VMO), PIMCO High Income Fund (PHK) and Apollo Investment (AINV).#N#View all of MMT's competitors..
Signals & Forecast
The MFS Multimarket Income Trust stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.
Support, Risk & Stop-loss
MFS Multimarket Income Trust finds support from accumulated volume at $6.34 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Is MFS Multimarket Income Trust stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for MFS Multimarket Income Trust stock to perform well in the short-term.
Investment Objective Summary
The Fund is to seek high current income but may also consider capital appreciation. The portfolio invests primarily in bonds of various credit qualities. This includes AAA rated bonds as well as non-investment grade high-yielding bonds. The portfolio invests also in derivative securities, including futures and options.
Transparency is our policy. Learn how it impacts everything we do
Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.
How we make money
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management.
How we use your personal data
How we use your information depends on the product and service that you use and your relationship with us. We may use it to:
How we approach editorial content
Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view.
What is the MMT theory?
But there's an "unorthodox" macroeconomic theory that has gained popularity called Modern Monetary Theory, also known as MMT, that challenges the traditional way we think about how the economy works: Government spending is financed through taxes and debt issued through government bonds and that we should work toward reducing the national deficit.
What happened to the stock market in 2020?
As a result of pumping a lot of money into the economy, there was more cash is in circulation – much of which was poured into the stock market. Throughout 2020, a lot of that money went into stocks and exchange-traded funds, in particular.
Who developed the modern monetary theory?
Modern Monetary Theory was pioneered by American economist and theorist Warren Mosler in 1992, along with Bill Mitchell, a university professor based in Australia and a key developer of the theory. MMT argues that nations with the ability to produce their fiat currency can issue as much money as they need, and as a result, ...
What is the purpose of the Fed?
Powell stressed that the purpose of the Fed, as the central bank of the U.S., is to maintain the stability of the financial system and to pursue full employment. Legendary investor Warren Buffett is another stern critic of MMT.
Who is Stephanie Kelton?
Stephanie Kelton, a professor of public policy and economics at Stony Brook University and a leading advocate for MMT, served as an economic advisor for Sen. Bernie Sander's 2016 presidential campaign.
Who said deficits don't matter?
Fed Chairman Jerome Powell says, "The idea that deficits don't matter for countries that can borrow in their own currency is just wrong," and that, "decisions about spending are meant for you," when speaking before the Senate Banking Committee in February 2019.
What was the first stimulus?
The first was with the Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act, a $2.2 trillion economic stimulus bill signed into law in response to the economic fallout of the pandemic.
What is MMT in politics?
MMT challenges conventional beliefs about how the government interacts with the economy, the nature of money, the use of taxes, and the significance of budget deficits. These beliefs, critics say, are a hangover from the gold standard era and are no longer accurate, useful, or necessary.
Who developed MMT?
MMT was developed by Mosler and bears similarities to older schools of thought like functional finance and chartalism. Mosler first began thinking about some of the concepts that form the theory in the 1970s, when he worked as a Wall Street trader.
Which countries have a monetarily sovereign currency?
Modern Monetary Theory (MMT) is a heterodox macroeconomic framework that says monetarily sovereign countries like the U.S., U.K., Japan, and Canada, which spend, tax, and borrow in a fiat currency that they fully control, are not operationally constrained by revenues when it comes to federal government spending.
Why are taxes important?
This goes against the conventional idea that taxes are primarily meant to provide the government with money to spend to build infrastructure, fund social welfare programs, etc. “ [W]hat happens if you were to go ...
What is the central idea of MMT?
The central idea of MMT is that governments with a fiat currency system under their control can and should print (or create with a few keystrokes in today’s digital age) as much money as they need to spend because they cannot go broke or be insolvent unless a political decision to do so is taken.
Is MMT a naive theory?
MMT has been called naive and irresponsible by critics. American economist Thomas Palley has said its appeal lies in it being a “policy polemic for depressed times.” 4 He has criticized various elements of the theory, like the suggestion that central bank interest rates be maintained at zero, and said it provides no guidance to countries like Mexico and Brazil and does not take into account political complications arising from vested interests.
