MFS High Yield Municipal Trust (CMU)

• Market cap: $89.7M
• 1 day: 0.28%
• 5 days: 0.86%
• 1 month: -2.49%
• 3 months: -0.28%
• 6 months: -3.83%
• Year to date: -0.28%
• 1 year: 6.99%
• 5 years: -6.88%
• 10 years: -20.36%
• Sector: Financials
• Industry: Asset Management

About: Mfs High Yield Municipal Trust is a United States-based diversified, closed-end management investment company. Its investment objective is to seek high current income exempt from federal income tax. The fund invests a majority of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in tax-exempt bonds and tax-exempt notes.

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

90% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 10

16% more capital invested

Capital invested by funds: $33.8M [Q3] → $39.1M (+$5.28M) [Q4]

7.17% more ownership

Funds ownership: 36.36% [Q3] → 43.53% (+7.17%) [Q4]

13% less funds holding

Funds holding: 48 [Q3] → 42 (-6) [Q4]

44% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 9