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MFS High Income Municipal Trust (CXE)

NYSE Financial Services Asset Management
$3.65 ▼ -1.35%
Market Cap
$115.1M
Sector
Financial Services
Industry
Asset Management
Beta
0.76
52-Wk Range
3.4-4.1
CEO
Robin Ann Stelmach
Country
US
Currency
USD

MFS High Income Municipal Trust operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $3.65, down 1.35% on the session, giving a market capitalisation of $115.1M. On trailing twelve-month figures it carries a trailing P/E of 1520.31, a net margin of 0.8%. Its beta of 0.76 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
1520.31
Price / Sales
12.51
Price / Book
0.88
EV / EBITDA
12.16
Gross margin
93.8%
Operating margin
164.6%
Net margin
0.8%
Return on equity
Debt / equity
0.53
Current ratio
0.27
Dividend yield
5.8%
Payout ratio
8537.3%
Company profile
Exchange
New York Stock Exchange
Employees
IPO date
1989-02-17
Headquarters
Boston, MA, US
About MFS High Income Municipal Trust

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.

Comparable companies

MFS High Income Municipal Trust is most often compared with the following Financial Services names:

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