MFS High Income Municipal Trust
CXE
About: Mfs High Income 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 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
0% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 15
0.83% less ownership
Funds ownership: 38.15% [Q1] → 37.32% (-0.83%) [Q2]
2% less funds holding
Funds holding: 52 [Q1] → 51 (-1) [Q2]
5% less capital invested
Capital invested by funds: $44.4M [Q1] → $42.1M (-$2.28M) [Q2]
Financial journalist opinion