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.
Research context
MFS High Yield Municipal Closed Fund appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
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5 years, 6 months ago
MFS High Yield Municipal Trust is currently in a long term uptrend where the price is trading 6.2% above its 200 day moving average.
From a valuation standpoint, the stock is 1676.2% more expensive than other stocks from the Financial Services sector with a price to sales ratio of 161.0.
MFS High Yield Municipal Trust's total revenue sank by 14.0% to $4M since the same quarter in the previous year.
Its net income has increased by 182.0% to $12M since the same quarter in the previous year.
Finally, its free cash flow fell by 47.1% to $2M since the same quarter in the previous year.
Based on the above factors, MFS High Yield Municipal Trust gets an overall score of 2/5.