MFS High Income Municipal Trust (CXE)

• Market cap: $115M
• 1 day: 0.00%
• 5 days: -1.35%
• 1 month: -5.68%
• 3 months: -7.12%
• 6 months: -2.41%
• Year to date: -1.08%
• 1 year: 0.55%
• 5 years: -32.66%
• 10 years: -25.05%

About: Mfs High Income 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 Q3 regulatory filings by fund managers ($100M+ AUM)

33% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 15

6% more capital invested

Capital invested by funds: $43.7M [Q2] → $46.3M (+$2.66M) [Q3]

0.65% less ownership

Funds ownership: 37.34% [Q2] → 36.69% (-0.65%) [Q3]

11% less funds holding

Funds holding: 54 [Q2] → 48 (-6) [Q3]

75% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 8