MFS High Income Municipal Trust

MFS High Income Municipal Trustverified

CXE

Price:

$3.955

Market Cap:

$124.68M

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 Enterprise Value as of September 2024 (TTM) for MFS High Income Municipal Trust (CXE) is 206.18M

According to MFS High Income Municipal Trust’s latest financial reports and current stock price. The company's current Enterprise Value is 206.18M. This represents a change of 7.80% compared to the average of 191.27M of the last 4 quarters.

MFS High Income Municipal Trust (CXE) Historical Enterprise Value (quarterly & annually)

How has CXE Enterprise Value performed in the past?

The mean historical Enterprise Value of MFS High Income Municipal Trust over the last ten years is 225.65M. The current 206.18M Enterprise Value has changed 9.04% with respect to the historical average. Over the past ten years (40 quarters), CXE's Enterprise Value was at its highest in in the November 2019 quarter at 271.16M. The Enterprise Value was at its lowest in in the November 2023 quarter at 188.33M.

Quarterly (TTM)
Annual

Average

225.65M

Median

242.93M

Minimum

113.98M

Maximum

271.19M

MFS High Income Municipal Trust (CXE) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of MFS High Income Municipal Trust Enterprise Value, 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 = 132.37%

Maximum Annual Enterprise Value = 271.19M

Minimum Annual Increase = -53.75%

Minimum Annual Enterprise Value = 113.98M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
2023188.33M-6.80%
2022202.08M-21.12%
2021256.19M12.59%
2020227.54M-16.10%
2019271.19M10.98%
2018244.37M-7.74%
2017264.86M132.37%
2016113.98M-53.75%
2015246.47M2.07%
2014241.48M4.34%

MFS High Income Municipal Trust (CXE) Average Enterprise Value

How has CXE Enterprise Value performed in the past?

The current Enterprise Value 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

215.53M

5-year avg

229.07M

10-year avg

225.65M

MFS High Income Municipal Trust (CXE) Enterprise Value vs. Peers

How is CXE’s Enterprise Value compared to its peers?

MFS High Income Municipal Trust’s Enterprise Value is greater than Virtus Convertible & Income 2024 Target Term Fund (179.18M), greater than MFS Investment Grade Municipal Trust (111.36M), less than Eaton Vance National Municipal Opportunities Trust (323.04M), greater than Invesco High Income 2024 Target Term Fund (86.94M), less than BlackRock MuniHoldings New York Quality Fund, Inc. (563.81M), greater than Nuveen California Select Tax-Free Income Portfolio (87.97M), less than BlackRock MuniVest Fund II, Inc. (239.00M), greater than DTF Tax-Free Income 2028 Term Fund Inc. (77.45M), less than John Hancock Income Securities Trust (226.67M), less than BlackRock MuniHoldings Fund, Inc. (670.66M), greater than MFS High Yield Municipal Trust (152.91M), greater than Nuveen Preferred and Income Fund (116.69M),

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Frequently asked questions❓

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