MFS Municipal Income Trust

MFS Municipal Income Trustverified

MFM

Price:

$5.54

Market Cap:

$228.18M

MFS Municipal Income 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. MFS Municipal Income Trust was founded in November 25, 1986 and and is domiciled in United States.[Read more]

Industry

Asset Management - Income

IPO Date

1986-11-18

Stock Exchange

NYSE

Ticker

MFM

The PE Ratio as of November 2024 (TTM) for MFS Municipal Income Trust (MFM) is 32.59

According to MFS Municipal Income Trust’s latest financial reports and current stock price. The company's current PE Ratio is 32.59. This represents a change of 34.00% compared to the average of 0.10 of the last 4 quarters.

MFS Municipal Income Trust (MFM) Historical PE Ratio (quarterly & annually)

How has MFM PE Ratio performed in the past?

The mean historical PE Ratio of MFS Municipal Income Trust over the last ten years is 15.51. The current 32.59 PE Ratio has changed 20.91% with respect to the historical average. Over the past ten years (40 quarters), MFM's PE Ratio was at its highest in in the July 2018 quarter at 88.72. The PE Ratio was at its lowest in in the April 2017 quarter at -78.55.

Quarterly (TTM)
Annual

Average

15.51

Median

12.08

Minimum

-163.73

Maximum

156.96

MFS Municipal Income Trust (MFM) PE Ratio by Quarter and Year

Discovering the peaks and valleys of MFS Municipal Income 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 = 166.43%

Maximum Annual PE Ratio = 156.96

Minimum Annual Increase = -5553.58%

Minimum Annual PE Ratio = -163.73

Quarterly (TTM)
Annual
YearPE RatioChange
2023156.96-5553.58%
2022-2.88-124.18%
202111.90-107.27%
2020-163.73-1765.97%
20199.83-87.00%
201875.63131.46%
201732.67166.43%
201612.26-24.51%
201516.25160.95%
20146.23-134.67%

MFS Municipal Income Trust (MFM) Average PE Ratio

How has MFM PE Ratio performed in the past?

The current PE Ratio of MFS Municipal Income Trust (MFM) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

55.33

5-year avg

2.42

10-year avg

15.51

MFS Municipal Income Trust (MFM) PE Ratio vs. Peers

How is MFM’s PE Ratio compared to its peers?

MFS Municipal Income Trust’s PE Ratio is greater than Virtus Convertible & Income 2024 Target Term Fund (0), greater than Eaton Vance National Municipal Opportunities Trust (8.53), greater than Invesco High Income 2024 Target Term Fund (8.34), greater than BlackRock MuniHoldings New York Quality Fund, Inc. (24.19), greater than Nuveen California Select Tax-Free Income Portfolio (7.72), less than MFS Investment Grade Municipal Trust (44.38), greater than Federated Hermes Premier Municipal Income Fund (23.82), greater than BlackRock MuniYield Quality Fund, Inc. (-102.55), greater than BlackRock MuniYield Quality Fund II, Inc. (-89.35), greater than MFS High Income Municipal Trust (19.76), greater than John Hancock Income Securities Trust (-26.02), greater than BlackRock MuniHoldings Fund, Inc. (-52.08), greater than MFS High Yield Municipal Trust (24.91), greater than DTF Tax-Free Income 2028 Term Fund Inc. (-69.07), greater than MFS Government Markets Income Trust (-188.47),

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