Equities

MFS High Yield Municipal Trust

CMU:NYQ

MFS High Yield Municipal Trust

Actions
FinancialsClosed End Investments
  • Price (USD)3.65
  • Today's Change-0.010 / -0.26%
  • Shares traded61.40k
  • 1 Year change+20.18%
  • Beta0.5849
Data delayed at least 15 minutes, as of Oct 07 2024 18:42 BST.
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About the company

MFS High Yield Municipal Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to seek high current income exempt from federal income tax but may also consider capital appreciation. The Fund invests, under normal market conditions, over 80% of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in tax-exempt bonds and tax-exempt notes. The Fund invests primarily in municipal instruments. The Fund invests 25% or more of the fund’s total assets in municipal instruments that finance similar projects, such as those relating to education, healthcare, housing, utilities, water, or sewers. It also invests in taxable instruments, including derivatives. The Fund offers a dividend reinvestment and cash purchase plan that allows common shareholders to reinvest all of the distributions paid by the fund. The investment advisor of the fund is Massachusetts Financial Services Company.

  • Revenue in USD (TTM)7.76m
  • Net income in USD3.80m
  • Incorporated1987
  • Employees--
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Cartica Acquisition Corp0.00-6.58m91.43m----6.16-----0.7724-0.77240.001.860.00-------4.85---4.95--------------0.088-------49.11------
Black Hawk Acquisition Corp-100.00bn-100.00bn91.44m----1.33----------7.72----------------------------0.00--------------
Atlantic Coastal Acquisition Corp II0.004.29m91.47m--80.255.69----0.13960.13960.001.970.00------2.48--2.53--------------0.00------49,648.60------
Investcorp India Acquisition Corp0.005.33m91.48m460.0038.001.74----0.30340.30340.006.640.00------2.74--2.76--------------0.0171------30.49------
DT Cloud Acquisition Corp-100.00bn-100.00bn92.50m0.00--1.34----------7.71----------------------------0.00-------7.30------
Siebert Financial Corp79.07m9.66m93.08m124.009.571.198.611.180.24250.24251.991.960.0945--1.05637,669.401.150.361511.886.6196.0595.0712.195.61--109.460.7776--42.7418.95493.27-8.14-2.33--
Quetta Acquisition Corp0.001.69m93.14m--55.081.34----0.1890.1890.007.79----------------------------0.00--------------
MFS High Yield Municipal Trust7.76m3.80m93.38m--24.860.981--12.030.14730.14730.32233.730.0464--6.34--2.27-0.25112.30-0.254247.4464.2948.93-5.80----0.3866--6.61-5.50104.56-18.02---12.19
Global Lights Acquisition Corp0.001.51m94.24m--62.66------0.16760.16760.007.670.00------4.15--4.24--------------0.00------209.16------
Evergreen Corp0.003.35m94.44m--37.882.13----0.30890.30890.005.490.00------3.80--3.97--------------0.0946------305.44------
Aimei Health Technology Co Ltd-100.00bn-100.00bn94.68m0.00--------------------------------------------0.00--------------
Direct Selling Acquisition Corp0.00-9.08m94.89m----15.26-----0.8219-0.82190.000.73420.00-------12.37---15.89--------------0.5377-------146.23------
PIMCO Global StocksPLUS & Income Fund9.86m11.06m95.52m--8.641.12--9.690.9660.9660.86027.430.0453--0.1517--5.081.8812.124.3971.5878.92112.2035.85----0.1738225.40-16.09-7.8814.756.72---9.71
Concord Acquisition Corp II0.003.16m95.71m--67.017.0750.14--0.15520.15520.001.470.00------2.02--2.05--------------0.0386-------52.07------
Data as of Oct 07 2024. Currency figures normalised to MFS High Yield Municipal Trust's reporting currency: US Dollar USD

Institutional shareholders

24.00%Per cent of shares held by top holders
HolderShares% Held
Bulldog Investors LLPas of 30 Jun 20241.35m4.78%
City of London Investment Management Co. Ltd.as of 30 Jun 2024948.95k3.35%
Saba Capital Management LPas of 31 Mar 2024888.14k3.14%
RiverNorth Capital Management LLCas of 31 Mar 2024861.36k3.04%
ICON Advisers, Inc.as of 31 Mar 2024832.36k2.94%
Hennion & Walsh Asset Management, Inc.as of 30 Jun 2024499.59k1.76%
Allspring Global Investments LLCas of 30 Jun 2024487.18k1.72%
Logan Stone Capital LLCas of 31 Mar 2024333.29k1.18%
UBS Financial Services, Inc.as of 31 Mar 2024308.06k1.09%
Deschutes Portfolio Strategy LLCas of 30 Jun 2024286.06k1.01%
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Data from 31 Mar 2024 - 30 Jun 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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