MFS High Yield Municipal Trust

MFS High Yield Municipal Trustverified

CMU

Price:

$3.65

Market Cap:

$93.05M

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]

Industry

Asset Management

IPO Date

1987-03-19

Stock Exchange

NYSE

Ticker

CMU

The Dividend Yield as of September 2024 (TTM) for MFS High Yield Municipal Trust (CMU) is 3.85%

According to MFS High Yield Municipal Trust’s latest financial reports and current stock price. The company's current Dividend Yield is 3.85%. This represents a change of 127.01% compared to the average of 1.70% of the last 4 quarters.

MFS High Yield Municipal Trust (CMU) Historical Dividend Yield (quarterly & annually)

How has CMU Dividend Yield performed in the past?

The mean historical Dividend Yield of MFS High Yield Municipal Trust over the last ten years is 10.47%. The current 3.85% Dividend Yield has changed -63.24% with respect to the historical average. Over the past ten years (40 quarters), CMU's Dividend Yield was at its highest in in the November 2018 quarter at 3.00%. The Dividend Yield was at its lowest in in the August 2018 quarter at 0%.

Quarterly (TTM)
Annual

Average

10.47%

Median

5.97%

Minimum

4.57%

Maximum

53.05%

MFS High Yield Municipal Trust (CMU) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of MFS High Yield Municipal Trust Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 750.69%

Maximum Annual Dividend Yield = 53.05%

Minimum Annual Increase = -89.24%

Minimum Annual Dividend Yield = 4.57%

Quarterly (TTM)
Annual
YearDividend YieldChange
20236.65%19.68%
20225.56%21.70%
20214.57%-9.08%
20205.02%4.14%
20194.82%-26.14%
20186.53%14.41%
20175.71%-89.24%
201653.05%750.69%
20156.24%-5.11%
20146.57%-4.65%

MFS High Yield Municipal Trust (CMU) Average Dividend Yield

How has CMU Dividend Yield performed in the past?

The current Dividend Yield of MFS High Yield Municipal Trust (CMU) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

5.59%

5-year avg

5.33%

10-year avg

10.47%

MFS High Yield Municipal Trust (CMU) Dividend Yield vs. Peers

How is CMU’s Dividend Yield compared to its peers?

MFS High Yield Municipal Trust’s Dividend Yield is less than MFS Investment Grade Municipal Trust (3.24%), less than MFS Municipal Income Trust (3.77%), less than DTF Tax-Free Income 2028 Term Fund Inc. (3.43%), less than MFS Government Markets Income Trust (6.67%), less than Invesco High Income 2024 Target Term Fund (4.64%), less than Eaton Vance National Municipal Opportunities Trust (4.21%), less than Nuveen California Select Tax-Free Income Portfolio (3.57%), less than Federated Hermes Premier Municipal Income Fund (3.45%), less than Virtus Convertible & Income 2024 Target Term Fund (3.68%), less than BlackRock MuniHoldings New York Quality Fund, Inc. (4.57%), less than Invesco High Income 2023 Target Term Fund (0.58%), less than Nuveen Corporate Income 2023 Target Term Fund (0.19%),

Build a custom stock screener for MFS High Yield Municipal Trust (CMU) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like MFS High Yield Municipal Trust using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

MFS High Yield Municipal Trust (CMU) and other stocks custom spreadsheet templates

The easiest way to analyze a company like MFS High Yield Municipal Trust or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Dividend Yield?

How can you use the Dividend Yield?

What is MFS High Yield Municipal Trust's Dividend Yield?

How is the Dividend Yield calculated for MFS High Yield Municipal Trust (CMU)?

What is the highest Dividend Yield for MFS High Yield Municipal Trust (CMU)?

What is the 3-year average Dividend Yield for MFS High Yield Municipal Trust (CMU)?

What is the 5-year average Dividend Yield for MFS High Yield Municipal Trust (CMU)?

How does the current Dividend Yield for MFS High Yield Municipal Trust (CMU) compare to its historical average?