MFS High Income Municipal Trust

MFS High Income Municipal Trustverified

CXE

Price:

$3.96

Market Cap:

$124.84M

MFS High Income Municipal Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets. It primarily invests in municipal bonds and local general obligations of various sectors, such as multifamily, hospitals, care retirement, and investor-owned utilities. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index. It was formerly known as Colonial High Income Municipal Trust. MFS High Income Municipal Trust was formed on February 17, 1989 and is domiciled in United States.[Read more]

Industry

Asset Management - Income

IPO Date

1989-02-17

Stock Exchange

NYSE

Ticker

CXE

The Dividend Yield as of September 2024 (TTM) for MFS High Income Municipal Trust (CXE) is 3.95%

According to MFS High Income Municipal Trust’s latest financial reports and current stock price. The company's current Dividend Yield is 3.95%. This represents a change of 129.64% compared to the average of 1.72% of the last 4 quarters.

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

How has CXE Dividend Yield performed in the past?

The mean historical Dividend Yield of MFS High Income Municipal Trust over the last ten years is 10.52%. The current 3.95% Dividend Yield has changed -62.44% with respect to the historical average. Over the past ten years (40 quarters), CXE's Dividend Yield was at its highest in in the May 2019 quarter at 2.61%. The Dividend Yield was at its lowest in in the August 2021 quarter at 1.07%.

Quarterly (TTM)
Annual

Average

10.52%

Median

5.77%

Minimum

4.60%

Maximum

55.01%

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

Discovering the peaks and valleys of MFS High Income 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 = 775.02%

Maximum Annual Dividend Yield = 55.01%

Minimum Annual Increase = -89.85%

Minimum Annual Dividend Yield = 4.60%

Quarterly (TTM)
Annual
YearDividend YieldChange
20234.68%-15.28%
20225.52%14.34%
20214.83%-18.95%
20205.96%29.53%
20194.60%-25.33%
20186.16%10.29%
20175.58%-89.85%
201655.01%775.02%
20156.29%-4.67%
20146.59%-8.84%

MFS High Income Municipal Trust (CXE) Average Dividend Yield

How has CXE Dividend Yield performed in the past?

The current Dividend Yield of MFS High Income Municipal Trust (CXE) 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

5.01%

5-year avg

5.12%

10-year avg

10.52%

MFS High Income Municipal Trust (CXE) Dividend Yield vs. Peers

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

MFS High Income Municipal Trust’s Dividend Yield is less than Virtus Convertible & Income 2024 Target Term Fund (3.68%), less than MFS Investment Grade Municipal Trust (3.24%), less than Eaton Vance National Municipal Opportunities Trust (4.22%), less than Invesco High Income 2024 Target Term Fund (4.64%), less than BlackRock MuniHoldings New York Quality Fund, Inc. (4.57%), less than Nuveen California Select Tax-Free Income Portfolio (3.57%), less than BlackRock MuniVest Fund II, Inc. (4.97%), less than DTF Tax-Free Income 2028 Term Fund Inc. (3.43%), less than John Hancock Income Securities Trust (4.01%), less than BlackRock MuniHoldings Fund, Inc. (4.65%), less than MFS High Yield Municipal Trust (3.85%), less than Nuveen Preferred and Income Fund (1.29%),

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