NYSE:CMU

MFS High Yield Municipal Trust (CMU) Stock Forecast, Price & News

$3.22

+0.01 (+0.31%)

(As of 06/9/2023 ET)

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Today's Range: $3.21
▼
$3.23
50-Day Range: $3.10
▼
$3.26
52-Week Range: $2.88
▼
$3.71

Volume: 14,795 shs
Average Volume: 75,759 shs
Market Capitalization: $91.22 million

P/E Ratio: N/A
Dividend Yield: 4.97%
Price Target: N/A

About MFS High Yield Municipal Trust (NYSE:CMU) Stock

MFS High Yield Municipal Trust 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. It was formerly known as Colonial Municipal Income Trust. MFS High Yield Municipal Trust was founded in March 19, 1987 and is domiciled in the United States.

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CMU Stock News Headlines

June 3, 2023 | americanbankingnews.com

MFS High Yield Municipal Trust Plans Monthly Dividend of $0.01 (NYSE:CMU)

May 20, 2023 | americanbankingnews.com

MFS High Yield Municipal Trust (NYSE:CMU) Major Shareholder Saba Capital Management, L.P. Buys 12,046 Shares

June 10, 2023 | Behind the Markets (Ad)

The single greatest medical breakthrough of all time?

We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.

May 17, 2023 | americanbankingnews.com

MFS High Yield Municipal Trust (NYSE:CMU) Major Shareholder Acquires $46,491.06 in Stock

May 11, 2023 | americanbankingnews.com

MFS High Yield Municipal Trust (NYSE:CMU) Major Shareholder Buys $21,919.74 in Stock

May 4, 2023 | americanbankingnews.com

MFS High Yield Municipal Trust (CMU) to Issue Monthly Dividend of $0.01 on May 31st

April 16, 2023 | americanbankingnews.com

MFS High Yield Municipal Trust (NYSE:CMU) Plans $0.01 Monthly Dividend

January 3, 2023 | msn.com

MFS High Yield Municipal Trust declares $0.0112 dividend

June 10, 2023 | Behind the Markets (Ad)

66,000% upside on tiny biotech?

The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.

December 2, 2022 | seekingalpha.com

MFS High Yield Municipal Trust declares $0.0125 dividend

September 8, 2022 | msn.com

Mfs High Yield Municipal: Dividend Insights

September 3, 2022 | seekingalpha.com

MFS High Yield Municipal Trust declares $0.0145 dividend

August 24, 2022 | reuters.com

MFS® High Yield Municipal Trust

August 13, 2022 | fool.com

MFS High Yield Municipal Trust (NYSE: CMU)

July 6, 2022 | seekingalpha.com

MFS High Yield Municipal Trust declares $0.015 dividend

June 1, 2022 | seekingalpha.com

MFS High Income Municipal Trust declares $0.0165 dividend

June 1, 2022 | cnbc.com

Investors revisit muni bonds amid higher yields and strong credit

April 14, 2022 | benzinga.com

Mfs High Yield Municipal's Ex-Dividend Date Is Tuesday, Here's What You Need To Know

February 26, 2022 | uk.investing.com

MFS High Yield Municipal Closed Fund (CMU)

February 10, 2022 | benzinga.com

Mfs High Yield Municipal's Ex-Dividend Date Is Monday, Here's What You Need To Know

February 4, 2022 | seekingalpha.com

MFS High Yield Municipal Trust declares $0.0153 dividend

October 4, 2021 | seekingalpha.com

MFS High Yield Municipal Trust declares $0.0158 dividend

July 20, 2021 | finance.yahoo.com

MFS Municipal Closed-End Funds Announce Refinancing of Term of Preferred Shares

March 16, 2021 | finance.yahoo.com

MFS High Yield Municipal Trust (CMU)

December 17, 2020 | barrons.com

MFS High Yield Municipal Trust

September 9, 2020 | seekingalpha.com

Recent Moves In CEFs And Our Views

May 1, 2020 | seekingalpha.com

MFS High Yield Municipal Trust increases dividend by ~29%

See More Headlines

CMU Price History

30 days | 90 days | 365 days | Advanced Chart

CMU Company Calendar

Ex-Dividend for 5/31 Dividend: 5/16/2023
Dividend Payable: 5/31/2023
Today: 6/09/2023
Ex-Dividend for 6/30 Dividend: 6/13/2023
Dividend Payable: 6/30/2023
Fiscal Year End: 11/30/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Asset Management
Sub-Industry: N/A
Sector: Financial Services
Current Symbol: NYSE:CMU
CUSIP: N/A
CIK: 809844
Web: www.mfs.com
Phone: (617) 954-5000
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: 28,330,000
Free Float: N/A
Market Cap: $91.22 million
Optionable: Not Optionable
Beta: 0.50

Key Executives

Ms. Robin Ann Stelmach (Age 62)
Pres and Trustee

Mr. Thomas H. Connors (Age 63)
VP, Sr. Counsel, Assistant Sec. and Assistant Clerk

Mr. Frank L. Tarantino (Age 79)
Independent Sr. Officer

Mr. Richard S. Weitzel (Age 53)
Assistant Sec. and Assistant Clerk

Mr. Kasey L. Philips (Age 52)
Assistant Treasurer

Mr. Brian E. Langenfeld (Age 50)
Assistant Sec. and Assistant Clerk

Ms. Susan A. Pereira (Age 52)
Assistant Sec. and Assistant Clerk

Mr. Ethan D. Corey (Age 59)
Assistant Sec. and Assistant Clerk

Mr. Christopher R. Bohane (Age 49)
Assistant Sec. and Assistant Clerk

Ms. Maureen G. Newman
Portfolio Mang.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CMU Stock - Frequently Asked Questions

How have CMU shares performed in 2023?: MFS High Yield Municipal Trust's stock was trading at $3.13 at the beginning of 2023. Since then, CMU shares have increased by 2.9% and is now trading at $3.22.
View the best growth stocks for 2023 here.
Are investors shorting MFS High Yield Municipal Trust?: MFS High Yield Municipal Trust saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 41,700 shares, an increase of 334.4% from the April 30th total of 9,600 shares. Based on an average daily trading volume, of 54,800 shares, the days-to-cover ratio is presently 0.8 days.
View MFS High Yield Municipal Trust's Short Interest.
How often does MFS High Yield Municipal Trust pay dividends? What is the dividend yield for MFS High Yield Municipal Trust?: MFS High Yield Municipal Trust declared a monthly dividend on Friday, June 2nd. Stockholders of record on Wednesday, June 14th will be paid a dividend of $0.011 per share on Friday, June 30th. This represents a $0.13 annualized dividend and a dividend yield of 4.10%. The ex-dividend date is Tuesday, June 13th.
Read our dividend analysis for CMU.
What ETFs hold MFS High Yield Municipal Trust's stock?: ETFs with the largest weight of MFS High Yield Municipal Trust (NYSE:CMU) stock in their portfolio include Saba Closed-End Funds ETF (CEFS).VanEck Muni Allocation ETF (MAAX).
Is MFS High Yield Municipal Trust a good dividend stock?: MFS High Yield Municipal Trust (NYSE:CMU) pays an annual dividend of $0.16 per share and currently has a dividend yield of 4.92%. CMU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for CMU.
What other stocks do shareholders of MFS High Yield Municipal Trust own?: Based on aggregate information from My MarketBeat watchlists, some companies that other MFS High Yield Municipal Trust investors own include Gilead Sciences (GILD), Credit Suisse X-Links Monthly Pay 2xLeveraged Alerian MLP Index ETN (AMJL), Invesco (IVZ), Kohl's (KSS), AbbVie (ABBV), Arbutus Biopharma (ABUS), Acasti Pharma (ACST), Allena Pharmaceuticals (ALNA), Algonquin Power & Utilities (AQN) and BCE (BCE).

What is MFS High Yield Municipal Trust's stock symbol?: MFS High Yield Municipal Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "CMU."
Who are MFS High Yield Municipal Trust's major shareholders?: MFS High Yield Municipal Trust's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (1.70%), UBS Group AG (1.11%), Moors & Cabot Inc. (0.76%), Melfa Wealth Management LLC (0.53%), Atlas Wealth LLC (0.36%) and Integrated Wealth Concepts LLC (0.20%).
View institutional ownership trends.
How do I buy shares of MFS High Yield Municipal Trust?: Shares of CMU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is MFS High Yield Municipal Trust's stock price today?: One share of CMU stock can currently be purchased for approximately $3.22.
How much money does MFS High Yield Municipal Trust make?: MFS High Yield Municipal Trust (NYSE:CMU) has a market capitalization of $91.22 million.
How can I contact MFS High Yield Municipal Trust?: The official website for the company is www.mfs.com. The company can be reached via phone at (617) 954-5000.

This page (NYSE:CMU) was last updated on 6/10/2023 by MarketBeat.com Staff

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