MSB

Mesabi Trust

MSB

Market cap $412M

Overview Fund Activity

31.44 USD

-0.51

1.6%

At close Updated Sep 12, 4:00 PM EDT

Pre-market

After hours

31.83

+0.39

1.24%

1 day

-1.6%

5 days

0.06%

1 month

0.83%

3 months

18.02%

6 months

22.72%

Year to date

11.13%

1 year

52.33%

5 years

48.51%

10 years

146.78%

About: Mesabi Trust operates as a royalty trust in the United States. The company is involved in the conservation and protection of its assets. The company's principally wholly-owned segment is the iron ore mining segment, which generates income from the Peter Mitchell Mine, an iron mine located near Babbitt, Minnesota, at the eastern end of the Mesabi Iron Range.

Materials Steel

0

Funds holding %

of 7,462 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

7,550% more call options, than puts

Call options by funds: $306K | Put options by funds: $4K

24% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 17

1.55% more ownership

Funds ownership: 43.98% [Q1] → 45.52% (+1.55%) [Q2]

0% more funds holding

Funds holding: 62 [Q1] → 62 (+0) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]

0% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 11

8% less capital invested

Capital invested by funds: $157M [Q1] → $144M (-$12.7M) [Q2]

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Financial journalist opinion

Mesabi Trust: Attractive Yield, But Macro Headwinds Loom

Mesabi Trust's royalty income is highly dependent on Cleveland-Cliffs' operations and iron ore prices, both of which face macroeconomic headwinds. Recent royalty payments and distributions have declined despite higher iron ore prices, due to Cliffs' limited third-party sales and shipment timing control. Manufacturing demand in the US and China remains weak, increasing the risk of further production halts and reduced or suspended distributions.

Mesabi Trust: Attractive Yield, But Macro Headwinds Loom

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Mesabi Trust Press Release

NEW YORK--(BUSINESS WIRE)--The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of twelve cents ($0.12) per Unit of Beneficial Interest payable on August 20, 2025 to Mesabi Trust Unitholders of record at the close of business on July 30, 2025. This compares to a thirty cents ($0.30) per Unit distribution declared for the same period last year. The Trustees' announcement today of a twelve cents ($0.12) per Unit distribution, as compared to the thirty cents ($0.30) per Unit distributio.

Mesabi Trust Press Release

Buy 6 Ideal Safe Dividend Power Dogs For June

The Dividend Power strategy targets high-yield, low-valuation stocks, aiming for resilience in downturns and strong upside in bull markets. Six standout 'safer' Dividend Power stocks—ZIM, MSB, MITT, ABR, IRS, OUT—offer attractive yields supported by strong free cash flow. Analyst targets project 37% to 156% net gains for top ten DiviPower stocks by June 2026, with average estimated gains of 70%.

Buy 6 Ideal Safe Dividend Power Dogs For June

Mesabi Trust: Partial Idle At Hibbing Taconite

While Mesabi Trust legal expenses should come down and help the bottom line, the royalty report shows that volumes are down in Q1. Moreover, CLF announced a partial idling at Hibbing Taconite amid tougher market conditions, which should affect MSB royalty attribution. We aren't confident enough about the economy to favor commodity-indexed and cycle-indexed exposures.

Mesabi Trust: Partial Idle At Hibbing Taconite

Mesabi Trust Press Release

NEW YORK--(BUSINESS WIRE)--Receipt of Quarterly Royalty Report and Royalty Payment On April 30, 2025, the Trustees of Mesabi Trust received the Royalty Report from Cliffs, the parent company of Northshore. As reported to Mesabi Trust by Cliffs in the Royalty Report, based on shipments of iron ore products by Northshore during the three months ended March 31, 2025, Mesabi Trust was credited with a base royalty of $ 1,067,762. For the three months ended March 31, 2025, Mesabi Trust was also credi.

Mesabi Trust Press Release

Mesabi Trust Press Release

NEW YORK--(BUSINESS WIRE)--Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of fifty-six cents ($0.56) per Unit of Beneficial Interest payable on May 20, 2025 to Mesabi Trust Unitholders of record at the close of business on April 30, 2025. This compares to a twenty-nine cents ($0.29) per Unit distribution declared for the same period last year. The Trustees' announcement today of a fifty-six cents ($0.56) per Unit distribution, as compar.

Mesabi Trust Press Release

Mesabi Trust: Volume Recovery Means Royalty Rates Ratchet Up

Mesabi Trust: Volume Recovery Means Royalty Rates Ratchet Up

Mesabi Trust: Volume Recovery Means Royalty Rates Ratchet Up

Mesabi Trust Press Release

NEW YORK--(BUSINESS WIRE)--Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of five dollars ninety-five cents ($5.95) per Unit of Beneficial Interest payable on February 20, 2025 to Mesabi Trust Unitholders of record at the close of business on January 30, 2025. This compares to a thirty-seven cents ($0.37) per Unit distribution declared and paid for the same period last year. The Trustees' announcement today of a five dollars ninety-five.

Mesabi Trust Press Release

Mesabi Trust Press Release

NEW YORK--(BUSINESS WIRE)--Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of thirty-nine cents ($0.39) per Unit of Beneficial Interest payable on November 20, 2024 to Mesabi Trust Unitholders of record at the close of business on October 30, 2024. This compares to a thirty-five cents ($0.35) per Unit distribution declared for the same period last year. The Trustees' announcement today of a thirty-nine cents ($0.39) per Unit distribution.

Mesabi Trust Press Release

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