TheEdgeResearch
Home / Stocks / CXH

MFS Investment Grade Municipal Trust (CXH)

NYSE Financial Services Asset Management
$7.63 ▲ +0.53%
Market Cap
$62.6M
Sector
Financial Services
Industry
Asset Management
Beta
0.67
52-Wk Range
7.34-8.42
CEO
Michael William Roberge
Country
US
Currency
USD

MFS Investment Grade Municipal Trust operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $7.63, up 0.53% on the session, giving a market capitalisation of $62.6M. On trailing twelve-month figures it carries a trailing P/E of 24.61, a net margin of 54.4%. Its beta of 0.67 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
24.61
Price / Sales
13.44
Price / Book
0.89
EV / EBITDA
15.19
Gross margin
87.9%
Operating margin
38.8%
Net margin
54.4%
Return on equity
—
Debt / equity
0.62
Current ratio
0.00
Dividend yield
5.8%
Payout ratio
92.0%
Company profile
Exchange
New York Stock Exchange
Employees
—
IPO date
1989-05-19
Headquarters
Boston, MA, US
About MFS Investment Grade Municipal Trust

MFS Investment Grade Municipal 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. MFS Investment Grade Municipal Trust was founded in May 16, 1989 and is domiciled in United States.

Comparable companies

MFS Investment Grade Municipal Trust is most often compared with the following Financial Services names:

ARDEXGLNAXHIMGXIBUFIJUNJAMFXMMEYXOTPIXTFEQXTFESX
More research on CXH
CXH technical analysis CXH TheEdge Score Compare against peers
Open full interactive analysis & DCF →