MFS Multimarket Income Trust (MMT)

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MFS Multimarket Income Trust (MMT) is up 0.9% since the beginning of the year. MMT is currently trading at $4 per share. Investors who bought $1,000 worth of MMT shares 5 years ago would now be looking at an investment worth $1,105.

MFS Multimarket Income Trust (MMT) has returned 0.86% so far this year and 6.20% over the past 12 months. Over the last ten years, MMT has returned 5.91% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Mar 5, 1987, MMT's average daily return is +0.03%, while the average monthly return is +0.60%. At this rate, an investment would double in approximately 9.7 years.

Historically, 60% of months were positive and 40% were negative. The best month was Sep 1998 with a return of +11.4%, while the worst month was Aug 1998 at -15.4%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 6 months.

On a daily basis, MMT closed higher 41% of trading days. The best single day was Oct 13, 2008 with a return of +12.9%, while the worst single day was Oct 10, 2008 at -13.6%.

MFS Multimarket Income Trust has an annualized alpha of 5.28%, beta of 0.27, and R2 of 0.09 versus S&P 500 Index. Calculated based on daily prices since March 05, 1987.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (37.19%) than losses (27.09%) - typical of diversified or defensive assets.
• Beta of 0.27 may look defensive, but with R2 of 0.09 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.09 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

MMT has an expense ratio of 0.03%, which is considered low.

MMT ranks 10 for risk / return — in the bottom 10% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

MFS Multimarket Income Trust provided a 8.96% dividend yield over the last twelve months, with an annual payout of $0.40 per share.

The table displays the monthly dividend distributions for MFS Multimarket Income Trust. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the MFS Multimarket Income Trust. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the MFS Multimarket Income Trust was 35.70%, occurring on Mar 18, 2020. Recovery took 116 trading sessions.

The current MFS Multimarket Income Trust drawdown is 2.79%.

The chart below shows the rolling one-month volatility.