CXH Stock Overview
MFS Investment Grade Municipal 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 Investment Grade Municipal Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$7.38 |
| 52 Week High | US$7.74 |
| 52 Week Low | US$6.41 |
| Beta | 0.54 |
| 1 Month Change | -3.78% |
| 3 Month Change | -1.09% |
| 1 Year Change | 1.03% |
| 3 Year Change | -25.75% |
| 5 Year Change | -21.66% |
| Change since IPO | -38.50% |
Recent News & Updates
MFS Investment Grade Municipal Trust raises dividend by 15.6% to $0.026
Feb 03MFS Investment Grade Municipal Trust declares $0.0245 dividend
Nov 03MFS Investment Grade Municipal Trust declines by -1.9% to $0.026/share
Oct 03MFS Investment Grade Municipal Trust declares $0.0265 dividend
Sep 01MFS Investment Grade Municipal Trust declares $0.028 dividend
Aug 02Recent updates
MFS Investment Grade Municipal Trust raises dividend by 15.6% to $0.026
Feb 03MFS Investment Grade Municipal Trust declares $0.0245 dividend
Nov 03MFS Investment Grade Municipal Trust declines by -1.9% to $0.026/share
Oct 03MFS Investment Grade Municipal Trust declares $0.0265 dividend
Sep 01MFS Investment Grade Municipal Trust declares $0.028 dividend
Aug 02MFS Investment Grade Municipal Trust declares $0.028 dividend
Jul 05MFS Investment Grade Municipal Trust declares $0.037 dividend
May 10MFS Investment Grade Municipal Trust declares $0.037 dividend
Feb 04MFS Investment Grade Municipal Trust declares $0.037 dividend
Jan 05MFS Investment Grade Municipal Trust declares $0.0296 dividend
Dec 03MFS Investment Grade Municipal Trust declares $0.037 dividend
Nov 03Shareholder Returns
| CXH | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | 0.4% | -0.7% | -3.2% |
| 1Y | 1.0% | 23.2% | 19.3% |
Return vs Industry: CXH underperformed the US Capital Markets industry which returned 23.2% over the past year.
Return vs Market: CXH underperformed the US Market which returned 19.3% over the past year.
Price Volatility
| CXH volatility | |
|---|---|
| CXH Average Weekly Movement | 1.1% |
| Capital Markets Industry Average Movement | 3.4% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.5% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: CXH has not had significant price volatility in the past 3 months.
Volatility Over Time: CXH'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/CXH-mfs-investment-grade-municipal-trust.html#tab-overview |
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.
MFS Investment Grade Municipal Trust Fundamentals Summary
| CXH fundamental statistics | |
|---|---|
| Market cap | US$60.18m |
| Earnings (TTM) | US$1.57m |
| Revenue (TTM) | US$5.50m |
38.5x
P/E Ratio11.0x
P/S RatioIs CXH overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CXH income statement (TTM) | |
|---|---|
| Revenue | US$5.50m |
| Cost of Revenue | US$0 |
| Gross Profit | US$5.50m |
| Other Expenses | US$3.93m |
| Earnings | US$1.57m |
Last Reported Earnings
Nov 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.19 |
| Gross Margin | 100.00% |
| Net Profit Margin | 28.61% |
| Debt/Equity Ratio | 63.6% |
How did CXH perform over the long term?
See historical performance and comparison