CXE
Price:
$3.8999
Market Cap:
$122.95M
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
According to MFS High Income Municipal Trust’s latest financial reports and current stock price. The company's current PE Ratio is 21.67. This represents a change of -52.74% compared to the average of 45.85 of the last 4 quarters.
The mean historical PE Ratio of MFS High Income Municipal Trust over the last ten years is 29.76. The current 21.67 PE Ratio has changed 7.18% with respect to the historical average. Over the past ten years (40 quarters), CXE's PE Ratio was at its highest in in the August 2023 quarter at 111.80. The PE Ratio was at its lowest in in the August 2018 quarter at -180.04.
Average
29.76
Median
12.58
Minimum
-3.38
Maximum
162.67
Discovering the peaks and valleys of MFS High Income Municipal Trust PE Ratio, 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 = 1.40%
Maximum Annual PE Ratio = 162.67
Minimum Annual Increase = -1391.28%
Minimum Annual PE Ratio = -3.38
Year | PE Ratio | Change |
---|---|---|
2023 | 43.59 | -1391.28% |
2022 | -3.38 | -126.78% |
2021 | 12.61 | -92.25% |
2020 | 162.67 | 1.40% |
2019 | 10.82 | -67.11% |
2018 | 32.92 | 162.12% |
2017 | 12.56 | 276.44% |
2016 | 3.34 | -79.38% |
2015 | 16.18 | 158.88% |
2014 | 6.25 | -147.15% |
The current PE Ratio of MFS High Income Municipal Trust (CXE) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
17.61
5-year avg
45.26
10-year avg
29.76
MFS High Income Municipal Trust’s PE Ratio is greater than Virtus Convertible & Income 2024 Target Term Fund (0), less than MFS Investment Grade Municipal Trust (28.07), greater than Eaton Vance National Municipal Opportunities Trust (8.84), greater than Invesco High Income 2024 Target Term Fund (3.78), less than BlackRock MuniHoldings New York Quality Fund, Inc. (25.60), greater than Nuveen California Select Tax-Free Income Portfolio (5.78), less than BlackRock MuniVest Fund II, Inc. (1.42K), less than DTF Tax-Free Income 2028 Term Fund Inc. (257.10), less than John Hancock Income Securities Trust (22.22), greater than BlackRock MuniHoldings Fund, Inc. (-989.62), greater than MFS High Yield Municipal Trust (16.14), greater than Nuveen Preferred and Income Fund (-3.40),
Company | PE Ratio | Market cap |
---|---|---|
0 | $167.75M | |
28.07 | $66.66M | |
8.84 | $276.25M | |
3.78 | $66.38M | |
25.60 | $326.31M | |
5.78 | $88.24M | |
1.42K | $235.11M | |
257.10 | $79.44M | |
22.22 | $135.80M | |
-989.62 | $650.21M | |
16.14 | $91.90M | |
-3.40 | $69.70M |
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