MFS Investment Grade Municipal Trust

MFS Investment Grade Municipal Trustverified

CXH

Price:

$7.865

Market Cap:

$64.49M

MFS Investment Grade Municipal 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 Investment Grade Municipal Trust was founded in May 16, 1989 and is domiciled in United States.[Read more]

Industry

Asset Management

IPO Date

1989-05-19

Stock Exchange

NYSE

Ticker

CXH

The ROE as of December 2024 (TTM) for MFS Investment Grade Municipal Trust (CXH) is 2.17%

According to MFS Investment Grade Municipal Trust’s latest financial reports and current stock price. The company's current ROE is 2.17%. This represents a change of 302.25% compared to the average of 0.54% of the last 4 quarters.

MFS Investment Grade Municipal Trust (CXH) Historical ROE (quarterly & annually)

How has CXH ROE performed in the past?

The mean historical ROE of MFS Investment Grade Municipal Trust over the last ten years is 2.76%. The current 2.17% ROE has changed -21.57% with respect to the historical average. Over the past ten years (40 quarters), CXH's ROE was at its highest in in the November 2019 quarter at 9.31%. The ROE was at its lowest in in the May 2022 quarter at -15.47%.

Quarterly (TTM)
Annual

Average

2.76%

Median

4.73%

Minimum

-23.91%

Maximum

13.99%

MFS Investment Grade Municipal Trust (CXH) ROE by Quarter and Year

Discovering the peaks and valleys of MFS Investment Grade 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 = 755.00%

Maximum Annual ROE = 13.99%

Minimum Annual Increase = -577.38%

Minimum Annual ROE = -23.91%

Quarterly (TTM)
Annual
YearROEChange
20232.29%-109.56%
2022-23.91%-577.38%
20215.01%12.48%
20204.45%-53.73%
20199.62%755.00%
20181.13%-87.28%
20178.85%669.29%
20161.15%-77.13%
20155.03%-64.07%
201413.99%-271.13%

MFS Investment Grade Municipal Trust (CXH) Average ROE

How has CXH ROE performed in the past?

The current ROE of MFS Investment Grade Municipal Trust (CXH) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

-5.54%

5-year avg

-0.51%

10-year avg

2.76%

MFS Investment Grade Municipal Trust (CXH) ROE vs. Peers

How is CXH’s ROE compared to its peers?

MFS Investment Grade Municipal Trust’s ROE is less than Invesco High Income 2024 Target Term Fund (11.57%), less than Eaton Vance National Municipal Opportunities Trust (11.25%), less than Nuveen California Select Tax-Free Income Portfolio (11.88%), less than Federated Hermes Premier Municipal Income Fund (3.80%), less than Virtus Convertible & Income 2024 Target Term Fund (21.86%), greater than Invesco High Income 2023 Target Term Fund (-2.88%), greater than Nuveen Corporate Income 2023 Target Term Fund (-2.88%),

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