CMU

MFS High Yield Municipal Trust
CMU

$3.50

0.72%

Market Cap: 89.1M

About: Mfs High Yield Municipal Trust is a United States-based diversified, closed-end management investment company. Its investment objective is to seek high current income exempt from federal income tax. The fund invests a majority of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in tax-exempt bonds and tax-exempt notes.

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Funds holding %

of 6,702 funds

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Analysts bullish %

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News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

120% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 10

0% more funds holding

Funds holding: 50 [Q4 2023] → 50 (+0) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 6

2% less capital invested

Capital invested by funds: $30M [Q4 2023] → $29.2M (-$737K) [Q1 2024]

1.09% less ownership

Funds ownership: 32.09% [Q4 2023] → 31.0% (-1.09%) [Q1 2024]

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Research analyst outlook

We haven’t received any recent analyst ratings for CMU.

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Financial journalist opinion

MFS Announces Closed-End Fund Distributions

BOSTON--(BUSINESS WIRE)--MFS announces the monthly income distributions for nine closed end funds for July 2024.

MFS Announces Closed-End Fund Distributions

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.

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

MFS Announces Closed-End Fund Distributions

BOSTON--(BUSINESS WIRE)--MFS Announces Closed-End Fund Distributions for June 2024.

MFS Announces Closed-End Fund Distributions

MFS Closed End Fund Portfolio Management Team Announcement

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

MFS Closed End Fund Portfolio Management Team Announcement

MFS Announces Closed-End Fund Distributions

BOSTON--(BUSINESS WIRE)--MFS announces closed end fund monthly distributions for several funds for May 2024.

MFS Announces Closed-End Fund Distributions

MFS Announces Closed-End Fund Distributions

BOSTON--(BUSINESS WIRE)--MFS announces distributions for several closed end funds for April 2024.

MFS Announces Closed-End Fund Distributions

Weekly CEF Commentary | March 3, 2024 | PDX Makes The Change

Markets were flat, but upcoming events like the jobs report, PMIs, and ECB meeting are important.

Weekly CEF Commentary | March 3, 2024 | PDX Makes The Change

MFS Announces Closed-End Fund Distributions

BOSTON--(BUSINESS WIRE)--MFS announces closed end fund income distributions for March 2024.

MFS Announces Closed-End Fund Distributions

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 grade, which carries greater risk but also the potential for higher returns. CMU provides national diversification with exposure to various states and industries, but investors should consider the credit quality distribution and leverage of the fund.

The MFS High Yield Municipal Trust: Leverage, Munis, And Tax Benefits

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. Investors should be wary in taking CEF total NAV returns at face value given various conventions and data issues.

CEF Weekly Review: Take Care With Total NAV Returns

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