MFS Intermediate High Income Fund (CIF)

• Market cap: $31.8M

About: Mfs Intermediate High Income Fund is a United States based diversified closed-end management investment company. Its investment objective is to seek high current income but may also consider capital appreciation. The fund invests a majority of its net assets, including borrowings for investment purposes, in high-income debt instruments. Its portfolio of investments includes investment grade corporate bonds, government securities and other securities.

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

75% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 4

8% more capital invested

Capital invested by funds: $1.94M [Q1] → $2.1M (+$162K) [Q2]

0.61% more ownership

Funds ownership: 5.95% [Q1] → 6.56% (+0.61%) [Q2]

9% less funds holding

Funds holding: 22 [Q1] → 20 (-2) [Q2]

40% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 5