MFM logo

Aberdeen Municipal Income Fund of Beneficial Interest (MFM)

$5.13

Quotes are delayed by 15 minutes.

1D

1W

1M

3M

6M

YTD

1Y

2Y

5Y

ALL

Key data on MFM

Market cap

$211292547

EPS

-1.66

P/E ratio

--

Price to sales

--

Dividend yield

7.018%

Beta

0.675663

Price on MFM

Previous close

$5.18

Today's open

$5.17

Day's range

$5.12 - $5.17

52 week range

$5.10 - $5.67

Profile about MFM

CEO

Michael W. Roberge

Employees

--

Headquarters

Boston, MA

Exchange

New York Stock Exchange

Shares outstanding

41187631

Issue type

Common Stock

MFM industries and sectors

Finance

Asset Management Services

News on MFM

Want to bet on the bond rally? Check out these overlooked funds.

The Treasury just sparked a bond-market rally. Here is why it may not last.

news source

Market Watch • Aug 19, 2026

news preview

Aberdeen Municipal Income Fund (MFM) Announces Closing and Reorganization of abrdn National Municipal Income Fund (VFL)

PHILADELPHIA, July 13, 2026 /PRNewswire/ -- The reorganization of abrdn National Municipal Income Fund ("VFL") into Aberdeen Municipal Income Fund (NYSE; MFM) (the "Fund") was successfully completed prior to the opening of the New York Stock Exchange on July 13, 2026. In the reorganization, VFL's common shareholders received an amount of MFM common shares with a net asset value equal to the aggregate net asset value of their holdings of VFL's common shares, as determined at the close of regular business on July 10, 2026.

news source

PRNewsWire • Jul 13, 2026

news preview

abrdn National Municipal Income Fund (VFL) Announces Final All Cash Distribution Payment Details

PHILADELPHIA, June 18, 2026 /PRNewswire/ -- The abrdn National Municipal Income Fund (NYSE Amex: VFL) ("VFL") ("The Fund") announced today the payment details of a special distribution, in connection with its upcoming reorganization into Aberdeen Municipal Income Fund (NYSE: MFM) ("MFM"). The Fund will pay a $0.024 per share cash distribution on July 7, 2026.

news source

PRNewsWire • Jun 18, 2026

news preview

abrdn National Municipal Income Fund (VFL) Announces Shareholder Approval Relating to Proposed Reorganization and Details about Its Reorganization into Aberdeen Municipal Income Fund (MFM)

PHILADELPHIA, June 10, 2026 /PRNewswire/ -- The abrdn National Municipal Income Fund (NYSE American: VFL) ("The Fund") announces that, at the Special Meeting of Shareholders held today, its shareholders voted to approve the reorganization of VFL into the Aberdeen Municipal Income Fund (NYSE: MFM) ("MFM"). As of the record date, December 11, 2025, VFL had 12,278,003 shares of common stock outstanding, of which 64.0% were voted at the Special Meeting, representing a quorum.

news source

PRNewsWire • Jun 10, 2026

news preview

Aberdeen Municipal Income Fund (MFM) Announces 25% Increase in Monthly Distribution and Adoption of Stable Distribution Policy

PHILADELPHIA, June 9, 2026 /PRNewswire/ -- The Board of Trustees of Aberdeen Municipal Income Fund (NYSE: MFM) ("MFM") has adopted a stable distribution policy ("SDP") for the Fund at an annualized rate equal to 6.00% of MFM's net asset value, as discussed in MFM's Proxy dated January 30, 2026. The implementation of the SDP results in a meaningful enhancement to the shareholder distribution rate, with the Fund's monthly distribution increased from $0.0240 per share to $0.0300 per share, representing a 25% increase over the prior distribution level.

news source

PRNewsWire • Jun 9, 2026

news preview

abrdn National Municipal Income Fund (VFL) Announces Adjournment of Special Shareholder Meeting Relating to Proposed Reorganization

PHILADELPHIA, May 27, 2026 /PRNewswire/ -- abrdn National Municipal Income Fund (NYSE: VFL) announces that the Special Meeting of Shareholders was held and adjourned today, to allow for the solicitation of additional proxies to achieve the requisite quorum. The Fund has set a new adjournment date for its Special Meeting of Shareholders of Tuesday, June 9, 2026, at 5:00 pm Eastern Time.

news source

PRNewsWire • May 27, 2026

news preview

CEF Market Weekly Review: CLOpocalypse Continues

Closed-end funds faced a challenging week, with NAVs mostly lower and discounts reverting to historical averages. CLO equity CEFs like OXLC, ECC, and EIC experienced significant NAV declines due to falling loan prices and sector-specific pressures. FS Specialty Lending Fund now mirrors FSCO's portfolio but trades at a wider discount due to its legacy underperformance; convergence is expected over time.

news source

Seeking Alpha • Mar 22, 2026

news preview

ABRDN NATIONAL MUNICIPAL INCOME FUND (VFL) ANNOUNCES PROPOSED REORGANIZATION AND SPECIAL SHAREHOLDER MEETING

PHILADELPHIA , Dec. 11, 2025 /PRNewswire/ -- The Board of Trustees of abrdn National Municipal Income Fund (NYSE American: VFL) have approved the reorganization of VFL into MFS Municipal Income Trust (NYSE: MFM), the "Surviving Fund." This reorganization is part of a broader proposal that would require shareholders of MFM to: Appoint the US Subsidiary of Aberdeen Investments, abrdn Inc., to serve as the investment adviser to the Surviving Fund; Appoint the incumbent VFL trustees plus one additional independent trustee to serve as the Surviving Fund's board of trustees; and Approve the issuance of shares in connection with the reorganization.

news source

PRNewsWire • Dec 11, 2025

news preview

MFS High Income Municipal Trust, MFS High Yield Municipal Trust, MFS Investment Grade Municipal Trust, and MFS Municipal Income Trust Announce Optional Partial Redemption of Preferred Shares

BOSTON--(BUSINESS WIRE)--MFS announces optional partial redemption RVMTP shares of four closed end funds, CXE, CMU, CXH and MFM, from July 18, 2024 to Dec 31, 2024.

news source

Business Wire • Jun 17, 2024

news preview

MFS Closed End Fund Portfolio Management Team Announcement

BOSTON--(BUSINESS WIRE)--MFS Closed End Fund Portfolio Management Team Announcement.

news source

Business Wire • May 9, 2024

news preview

¹ Disclosures

Get started with M1

Invest in Aberdeen Municipal Income Fund of Beneficial Interest

Open an M1 investment account to buy and sell Aberdeen Municipal Income Fund of Beneficial Interest commission-free¹. Build wealth for the long term using automated trading and transfers.

Invest in MFM on M1