CXE Stock Overview
MFS High Income Municipal Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 1/6 |
| Dividends | 2/6 |
MFS High Income Municipal Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$3.50 |
| 52 Week High | US$3.67 |
| 52 Week Low | US$2.95 |
| Beta | 0.64 |
| 1 Month Change | -2.10% |
| 3 Month Change | -0.99% |
| 1 Year Change | -0.43% |
| 3 Year Change | -33.68% |
| 5 Year Change | -32.53% |
| Change since IPO | -65.05% |
Recent News & Updates
MFS High Income Municipal Trust raises dividend by 15.4% to $0.015
Feb 03MFS High Income Municipal Trust monthly declines by -3.3% to $0.0145/share
Nov 03MFS High Income Municipal Trust declines by -3.2% to $0.015/share
Oct 03MFS High Income Municipal Trust declares $0.0155 dividend
Sep 01MFS High Income Municipal Trust declares $0.0165 dividend
Jul 05Recent updates
MFS High Income Municipal Trust raises dividend by 15.4% to $0.015
Feb 03MFS High Income Municipal Trust monthly declines by -3.3% to $0.0145/share
Nov 03MFS High Income Municipal Trust declines by -3.2% to $0.015/share
Oct 03MFS High Income Municipal Trust declares $0.0155 dividend
Sep 01MFS High Income Municipal Trust declares $0.0165 dividend
Jul 05MFS High Income Municipal Trust goes ex-dividend tomorrow
Jun 14MFS High Income Municipal Trust declares $0.021 dividend
May 07MFS High Income Municipal Trust declares $0.021 dividend
Feb 04MFS High Income Municipal Trust declares $0.021 dividend
Jan 05MFS High Income Municipal Trust declares $0.021 dividend
Nov 03Shareholder Returns
| CXE | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | 0.1% | 3.0% | 1.2% |
| 1Y | -0.4% | 31.9% | 24.7% |
Return vs Industry: CXE underperformed the US Capital Markets industry which returned 23.2% over the past year.
Return vs Market: CXE underperformed the US Market which returned 19.3% over the past year.
Price Volatility
| CXE volatility | |
|---|---|
| CXE Average Weekly Movement | 1.5% |
| Capital Markets Industry Average Movement | 3.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: CXE has not had significant price volatility in the past 3 months.
Volatility Over Time: CXE's weekly volatility (1%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1989 | n/a | n/a | www.mfs.com/en-us/individual-investor/product-strategies/closed-end-funds/CXE-mfs-high-income-municipal-trust.html#tab-overview |
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.
MFS High Income Municipal Trust Fundamentals Summary
| CXE fundamental statistics | |
|---|---|
| Market cap | US$110.18m |
| Earnings (TTM) | US$2.45m |
| Revenue (TTM) | US$10.24m |
44.9x
P/E Ratio10.8x
P/S RatioIs CXE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CXE income statement (TTM) | |
|---|---|
| Revenue | US$10.24m |
| Cost of Revenue | US$0 |
| Gross Profit | US$10.24m |
| Other Expenses | US$7.79m |
| Earnings | US$2.45m |
Last Reported Earnings
Nov 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.078 |
| Gross Margin | 100.00% |
| Net Profit Margin | 23.94% |
| Debt/Equity Ratio | 64.5% |
How did CXE perform over the long term?
See historical performance and comparison