MFS High Income Municipal Closed Fund
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $3.29
- Today's High:
- $3.35
- Open Price:
- $3.3
- 52W Low:
- $3.0549
- 52W High:
- $4.2364
- Prev. Close:
- $3.31
- Volume:
- 75477
Company Statistics
- Market Cap.:
- $109.71 million
- Book Value:
- 4.086
- Revenue TTM:
- $9.68 million
- Operating Margin TTM:
- 80.8%
- Gross Profit TTM:
- $9.68 million
- Profit Margin:
- 0%
- Return on Assets TTM:
- 1.98%
- Return on Equity TTM:
- -22.98%
Company Profile
MFS High Income Municipal Closed Fund had its IPO on 1989-06-30 under the ticker symbol CXE.
The company operates in the Financial Services sector and Asset Management industry. MFS High Income Municipal Closed Fund has a staff strength of 0 employees.
Stock update
Shares of MFS High Income Municipal Closed Fund opened at $3.3 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $3.29 - $3.35, and closed at $3.29.
This is a -0.6% slip from the previous day's closing price.
A total volume of 75,477 shares were traded at the close of the day’s session.
In the last one week, shares of MFS High Income Municipal Closed Fund have slipped by -2.66%.
MFS High Income Municipal Closed Fund's Key Ratios
MFS High Income Municipal Closed Fund has a market cap of $109.71 million, indicating a price to book ratio of 0.7876 and a price to sales ratio of 11.1884.
In the last 12-months MFS High Income Municipal Closed Fund’s revenue was $9.68 million with a gross profit of $9.68 million and an EBITDA of $0. The EBITDA ratio measures MFS High Income Municipal Closed Fund's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, MFS High Income Municipal Closed Fund’s operating margin was 80.8% while its return on assets stood at 1.98% with a return of equity of -22.98%.
In Q1.6666666666667, MFS High Income Municipal Closed Fund’s quarterly earnings growth was a negative -82.3% while revenue growth was a negative 4.3%.
MFS High Income Municipal Closed Fund’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 0
- PEG
- 0
Its diluted EPS in the last 12-months stands at $-1.08 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into MFS High Income Municipal Closed Fund’s profitability.
MFS High Income Municipal Closed Fund stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 11.1884.
MFS High Income Municipal Closed Fund stock pays annual dividends of $0.203 per share, indicating a yield of 4.5% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $216.21 million
- Total Liabilities
- $916106.00
- Operating Cash Flow
- $0
- Capital Expenditure
- $0
- Dividend Payout Ratio
- 0%
MFS High Income Municipal Closed Fund ended 2024 with $216.21 million in total assets and $0 in total liabilities. Its intangible assets were valued at $216.21 million while shareholder equity stood at $128.80 million.
MFS High Income Municipal Closed Fund ended 2024 with $0 in deferred long-term liabilities, $916106.00 in other current liabilities, 153975664.00 in common stock, $-25175282.00 in retained earnings and $0 in goodwill. Its cash balance stood at $0 and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $0.
MFS High Income Municipal Closed Fund’s total current assets stands at $3.76 million while long-term investments were $212.44 million and short-term investments were $0. Its net receivables were $3.76 million compared to accounts payable of $916106.00 and inventory worth $0.
In 2024, MFS High Income Municipal Closed Fund's operating cash flow was $0 while its capital expenditure stood at $0.
Comparatively, MFS High Income Municipal Closed Fund paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $3.29
- 52-Week High
- $4.2364
- 52-Week Low
- $3.0549
- Analyst Target Price
- $
MFS High Income Municipal Closed Fund stock is currently trading at $3.29 per share. It touched a 52-week high of $4.2364 and a 52-week low of $4.2364. Analysts tracking the stock have a 12-month average target price of $.
Its 50-day moving average was $3.46 and 200-day moving average was $3.47 The short ratio stood at 0.16 indicating a short percent outstanding of 0%.
Around 0.3% of the company’s stock are held by insiders while 2780.1% are held by institutions.
Frequently Asked Questions About MFS High Income Municipal Closed Fund
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About
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. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index. It was formerly known as Colonial High Income Municipal Trust. MFS High Income Municipal Trust was formed on February 17, 1989 and is domiciled in United States.