Saturday, June 13, 2015

Best Railroad Stocks To Buy Right Now

Best Railroad Stocks To Buy Right Now: MFS Multimarket Income Trust (MMT)

MFS Multimarket Income Trust (the Trust) is a closed-end fund and maintains a portfolio that includes investments in investment-grade and high-yield corporate bonds, United States Government securities, and international investment-grade and emerging markets debt securities. The Trust's investment objective is to seek high-current income, but may also consider capital appreciation. During the fiscal year ended October 31, 2007, shares of the Trust provided a total return of 5.19%, at net asset value, underperforming the Multimarket Income Trust Blended Index, the EMBI Global, Government/Mortgage and United States High-Yield indices.

The Trust is managed by Massachusetts Financial Services Company (MFS). MFS normally invests at least 80% of the fund's net assets in fixed income securities. MFS may also invest the fund's assets in equity securities. MFS may invest up to 100% of the fund's assets in lower quality debt instruments, including those that are in def ault. MFS may invest the fund's assets in United States and foreign securities, including emerging market securities.

Advisors' Opinion:
  • [By Aaron Levitt]

    Perhaps more importantly for income seekers, due to the use of leverage, many CEFs pay above-average dividends — to the tune of 5 to 8%. Here are some of the best bargains in CEFs today.

    MFS Multimarket Income Trust (MMT)

    Discount to NAV: 11.96%
    Distribution Yield: 6.76%

  • source from Top Stocks For 2015:http://www.topstocksblog.com/best-railroad-stocks-to-buy-right-now-3.html

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