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 ROE as of September 2024 (TTM) for MFS High Yield Municipal Trust (CMU) is 6.05%

According to MFS High Yield Municipal Trust’s latest financial reports and current stock price. The company's current ROE is 6.05%. This represents a change of 305.50% compared to the average of 1.49% of the last 4 quarters.

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

How has CMU ROE performed in the past?

The mean historical ROE of MFS High Yield Municipal Trust over the last ten years is 2.26%. The current 6.05% ROE has changed 168.41% with respect to the historical average. Over the past ten years (40 quarters), CMU's ROE was at its highest in in the November 2019 quarter at 20.37%. The ROE was at its lowest in in the May 2022 quarter at -16.13%.

Quarterly (TTM)
Annual

Average

2.26%

Median

3.10%

Minimum

-26.44%

Maximum

13.78%

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

Discovering the peaks and valleys of MFS High Yield Municipal Trust ROE, 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 = 1.89%

Maximum Annual ROE = 13.78%

Minimum Annual Increase = -456.57%

Minimum Annual ROE = -26.44%

Quarterly (TTM)
Annual
YearROEChange
20231.36%-105.15%
2022-26.44%-456.57%
20217.42%1.89%
20200.37%-96.09%
20199.53%268.60%
20182.59%-68.27%
20178.15%276.24%
20162.17%-40.16%
20153.62%-73.73%
201413.78%-315.34%

MFS High Yield Municipal Trust (CMU) Average ROE

How has CMU ROE performed in the past?

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

3-year avg

-5.89%

5-year avg

-1.55%

10-year avg

2.26%

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

How is CMU’s ROE compared to its peers?

MFS High Yield Municipal Trust’s ROE is less than MFS Investment Grade Municipal Trust (3.44%), less than MFS Municipal Income Trust (4.56%), less than DTF Tax-Free Income 2028 Term Fund Inc. (0.36%), less than MFS Government Markets Income Trust (0.49%), less than Invesco High Income 2024 Target Term Fund (25.55%), less than Eaton Vance National Municipal Opportunities Trust (11.25%), less than Nuveen California Select Tax-Free Income Portfolio (17.40%), less than Federated Hermes Premier Municipal Income Fund (3.80%), less than Virtus Convertible & Income 2024 Target Term Fund (21.86%), less than BlackRock MuniHoldings New York Quality Fund, Inc. (3.45%), greater than Invesco High Income 2023 Target Term Fund (-2.10%), greater than Nuveen Corporate Income 2023 Target Term Fund (-2.88%),

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