MFS High Yield Municipal Trust (CMU)
| Market Value | 88.97M |
| Revenue (ttm) | 7.76M |
| Net Income (ttm) | 3.80M |
| Shares Out | 25.49M |
| EPS (ttm) | 0.15 |
| PE Ratio | 23.43 |
| Forward PE | n/a |
| Dividend | $0.17 (4.90%) |
| Ex-Dividend Date | Dec 17, 2024 |
| Volume | 54,584 |
| Open | 3.470 |
| Previous Close | 3.480 |
| Day's Range | 3.470 - 3.500 |
| 52-Week Range | 3.200 - 3.700 |
| Beta | 0.59 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About CMU
MFS High Yield Municipal Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in tax-exempt bonds and tax-exempt notes. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index. It was formerly known as Colonial Municipal Income Trust. MFS High Yield Municipal Trust was founded in March 19, 1987 and is domiciled in the United States. [Read more]
News
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.
The MFS High Yield Municipal Trust: Leverage, Munis, And Tax Benefits
The MFS High Yield Municipal Trust is a closed-end mutual fund that offers high federal tax-advantaged income and capital appreciation. CMU invests in high-yield securities rated below investment grad...
CEF Weekly Review: Take Care With Total NAV Returns
We review CEF market valuation and performance through the fourth week of January and highlight recent market action. All sectors were up for the week, with MLPs and Preferreds leading the way. Invest...
CEF Weekly Review: Deleveraging Is Less Damaging For Net Income These Days
We review CEF market valuation and performance through the fourth week of November and highlight recent market action. CEFs had a good week, with November coming in as the second-best month in the las...
CEF Weekly Review: Be Careful With CEF Benchmarks
We review CEF market valuation and performance through the third week of October and highlight recent market action. All CEF sector NAVs were down on the week, while only three sectors managed to tigh...
CMU: Our Game Plan For This Muni CEF Tender Offer
MFS Municipal CEFs, High Yield Municipal Trust and Investment Grade Municipal Trust, are undergoing tender offers. Shareholders have the option to participate in the tender offers or reduce their allo...
MFS High Yield Municipal Trust Commences Tender Offer
BOSTON--(BUSINESS WIRE)--MFS High Yield Municipal Trust (NYSE: CMU) Commences Tender Offer.
CEF Report August 2023: Taxables Get Bought And Are Not Very Compelling, Munis Look Best
Taxable closed-end fund discounts have narrowed, reducing their attractiveness, while credit spreads have tightened, producing returns in some areas of the CEF market. Municipal CEFs remain exceptiona...
CEF Weekly Review: Ignore Yield-On-Cost Outside Of Tax Considerations
We review closed-end fund market valuation and performance through the third week of December and highlight recent market action. CEFs were mixed this week; however, discounts have continued to widen,...
MFS High Income Municipal Trust and MFS High Yield Municipal Trust Announce Optional Partial Redemption of Preferred Shares
BOSTON--(BUSINESS WIRE)--NYSE: CXE and NYSE: CMU announce an optional partial redemption of Remarketable Variable Rate MuniFund Term Preferred Shares on November 28, 2022.
CEF Weekly Commentary Sept. 5, 2021: Have Discounts Peaked?
Major indices hit record highs again this week with mid-caps joining large-cap at all-time highs. August was the seventh consecutive month of gains for the S&P. Discounts widened for the third straigh...
CEF Weekly Market Review: Happens To The Best Of Us
We review CEF market valuation and performance over the first short week of September and highlight recent market events. Discounts continue to move sideways even as NAVs keep edging higher.
CEF Weekly Market Review: Market Takes July Off
We review CEF market valuation and performance over the last week of July and highlight recent market events. July CEF returns were wrapped around zero in aggregate as higher NAVs were offset by wider...
MFS Municipal Closed-End Funds Announce Refinancing of Term of Preferred Shares
BOSTON--(BUSINESS WIRE)--Four MFS muni CEFs have completed the issuance of a new series of Remarketed Variable Rate MuniFund Preferred Shares, Series 2051.
CEF Weekly Market Review: The Everything Rally
We review CEF market valuation and performance over the first week of June and highlight recent events. The CEF market pushed higher at the start of June with a favorable backdrop of stable Treasury y...
Tax-Exempt Municipal CEF Sector Review
The tax-exempt CEF sector has proven to be relatively resilient over the past year, generating attractive absolute and risk-adjusted returns.
Gauging The Top Muni CEF Managers
Allocating to municipal bonds can be a fraught proposition of having to choose duration, credit quality, investment vehicle and other investment characteristics.
