NYSE:CMUMFS High Yield Municipal Trust Stock Price, Forecast & News

$4.21

+0.01 (+0.24 %)

(As of 06/2/2020 12:38 PM ET)

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Today's Range

$4.21

Now: $4.21▼

$4.24

50-Day Range

$3.76

MA: $3.92▼

$4.12

52-Week Range

$3.31

Now: $4.21▼

$4.99

Volume920 shs

Average Volume58,416 shs

Market Capitalization$119.27 million

P/E RatioN/A

Dividend Yield5.24%

Beta0.2

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.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for MFS High Yield Municipal Trust.

2.3 Community Rank

Outperform Votes
MFS High Yield Municipal Trust has received 117 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
MFS High Yield Municipal Trust has received 140 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
MFS High Yield Municipal Trust has received 54.47% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about MFS High Yield Municipal Trust and other stocks. Vote “Outperform” if you believe CMU will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CMU will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
MFS High Yield Municipal Trust is a leading dividend payer. It pays a dividend yield of 5.24%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
MFS High Yield Municipal Trust does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, MFS High Yield Municipal Trust insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 7.01% of the stock of MFS High Yield Municipal Trust is held by institutions.

0.0 Earnings and Valuation

Overall Beat the Market Rank^™

0.79 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry N/A

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:CMU

Previous Symbol

CUSIPN/A

CIK809844

WebN/A

PhoneN/A

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding Shares28,330,000

Market Cap$119.27 million

Next Earnings DateN/A

OptionableNot Optionable

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MFS High Yield Municipal Trust (NYSE:CMU) Frequently Asked Questions

How has MFS High Yield Municipal Trust's stock been impacted by COVID-19 (Coronavirus)?

MFS High Yield Municipal Trust's stock was trading at $4.4355 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CMU shares have decreased by 5.1% and is now trading at $4.21. View which stocks have been most impacted by Coronavirus.

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 Tuesday, May 5th. Stockholders of record on Wednesday, May 13th will be given a dividend of $0.018 per share on Friday, May 29th. This represents a $0.22 annualized dividend and a yield of 5.13%. The ex-dividend date of this dividend is Tuesday, May 12th. This is a positive change from MFS High Yield Municipal Trust's previous monthly dividend of $0.01. View MFS High Yield Municipal Trust's dividend history.

Has MFS High Yield Municipal Trust been receiving favorable news coverage?

News stories about CMU stock have trended very positive on Tuesday, InfoTrie reports. The research firm rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. MFS High Yield Municipal Trust earned a coverage optimism score of 3.5 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutMFS High Yield Municipal Trust.

Who are some of MFS High Yield Municipal Trust's key competitors?

Some companies that are related to MFS High Yield Municipal Trust include Blackrock Muniyld California Quty Fd (MCA), Byline Bancorp (BY), HarborOne Bancorp (HONE), Peoples Utah Bancorp (PUB), RPT Realty (RPT), AGM Group (AGMH), VanEck Vectors Biotech ETF (BBH), Invesco Mortgage Capital (IVR), Bank of Marin Bancorp (BMRC), First Bancshares (FBMS), Central Pacific Financial (CPF), Peoples Bancorp (PEBO), Horizon Bancorp (HBNC), Urstadt Biddle Properties (UBP) and Blackrock Muniyield Quality Fund (MQY). View all competitors.

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), X-Links Monthly Pay 2xLeveraged Alerian MLP Index ETN (AMJL), AbbVie (ABBV), Algonquin Power & Utilities (AQN), BCE (BCE), BlackRock Resources and Commodities (BCX), Franklin Resources (BEN), Blackrock Enhanced Internationl Dvdnd Tr (BGY), Bank of Nova Scotia (BNS) and BlackRock Enhanced Global Dividend Trust (BOE).

Who are MFS High Yield Municipal Trust's key executives?

MFS High Yield Municipal Trust's management team includes the following people:

Ms. Maureen G. Newman, Portfolio Mang.
Mr. Gary A. Lasman CFA, Portfolio Mang.
Mr. Geoffrey L. Schechter CFA, CPA, Portfolio Mang.

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 variety of retail and institutional investors. Top institutional investors include UBS Group AG (1.46%), Advisor Group Holdings Inc. (0.66%), Invesco Ltd. (0.63%), Morgan Stanley (0.42%), Northwestern Mutual Wealth Management Co. (0.12%) and Coastal Investment Advisors Inc. (0.05%). View institutional ownership trends for MFS High Yield Municipal Trust.

Which institutional investors are selling MFS High Yield Municipal Trust stock?

CMU stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Morgan Stanley, and Private Advisor Group LLC. View insider buying and selling activity for MFS High Yield Municipal Trust.

Which institutional investors are buying MFS High Yield Municipal Trust stock?

CMU stock was acquired by a variety of institutional investors in the last quarter, including Advisor Group Holdings Inc., UBS Group AG, Northwestern Mutual Wealth Management Co., Thomas J. Herzfeld Advisors Inc., and Coastal Investment Advisors Inc.. View insider buying and selling activity for MFS High Yield Municipal Trust.

How do I buy shares of MFS High Yield Municipal Trust?

Shares of CMU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is MFS High Yield Municipal Trust's stock price today?

One share of CMU stock can currently be purchased for approximately $4.21.

How big of a company is MFS High Yield Municipal Trust?

MFS High Yield Municipal Trust has a market capitalization of $119.27 million.

This page was last updated on 6/2/2020 by MarketBeat.com Staff