MFS High Yield Municipal Trust
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.
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
62% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 13
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
2% more funds holding
Funds holding: 51 [Q1] → 52 (+1) [Q2]
4% more capital invested
Capital invested by funds: $29.7M [Q1] → $30.8M (+$1.14M) [Q2]
0.23% more ownership
Funds ownership: 31.48% [Q1] → 31.71% (+0.23%) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for CMU.