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Upturn AI SWOT - About
MFS High Yield Municipal Closed Fund (CMU)
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Upturn Advisory Summary
06/30/2025: CMU (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $
1 Year Target Price $
| 0 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 0% | Avg. Invested days 0 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 84.89M USD | Price to earnings Ratio 6.8 | 1Y Target Price - |
Price to earnings Ratio 6.8 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.69 | 52 Weeks Range 3.18 - 3.70 | Updated Date 06/29/2025 |
52 Weeks Range 3.18 - 3.70 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 5.32% | Basic EPS (TTM) 0.49 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 166.79% | Operating Margin (TTM) 85.56% |
Management Effectiveness
Return on Assets (TTM) 2.52% | Return on Equity (TTM) 12.88% |
Valuation
Trailing PE 6.8 | Forward PE - | Enterprise Value 135848352 | Price to Sales(TTM) 11.31 |
Enterprise Value 135848352 | Price to Sales(TTM) 11.31 | ||
Enterprise Value to Revenue 6.73 | Enterprise Value to EBITDA - | Shares Outstanding 25492800 | Shares Floating - |
Shares Outstanding 25492800 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 51.22 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
MFS High Yield Municipal Closed Fund
Company Overview
History and Background
MFS High Yield Municipal Closed Fund (symbol: MHF) was established to provide high current income, consistent with preservation of capital, by investing primarily in high yield municipal bonds. It leverages MFS's expertise in fixed income management and municipal markets.
Core Business Areas
- High Yield Municipal Bond Investments: The fund invests primarily in a portfolio of high-yield municipal bonds that are exempt from federal income tax, seeking to maximize current income while maintaining capital preservation.
Leadership and Structure
The fund is managed by a team of portfolio managers and analysts at MFS Investment Management. It operates as a closed-end fund, with a fixed number of shares outstanding.
Top Products and Market Share
Key Offerings
- Closed-End Municipal Bond Fund: MHF provides investors access to a diversified portfolio of high-yield municipal bonds. Market share data is not directly available for individual closed-end funds in the broad municipal bond market. Competitors are other high-yield municipal bond funds like Nuveen High Yield Municipal Bond Fund (NHMAX) and BlackRock MuniYield Investment Quality Fund (MQY).
Market Dynamics
Industry Overview
The municipal bond market is influenced by interest rates, credit quality of issuers, and tax policies. Demand is driven by investors seeking tax-exempt income, particularly in high-tax states.
Positioning
MHF focuses on the high-yield segment of the municipal bond market, offering potentially higher income but also higher risk compared to investment-grade municipal bonds. Competitive advantage lies in MFS's research capabilities.
Total Addressable Market (TAM)
The total municipal bond market is several trillion dollars. MHFu2019s position in the high-yield segment means its TAM is a portion of this, influenced by investor appetite for higher-risk municipal debt. Estimates vary significantly based on market conditions.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Diversified portfolio
- Potential for high tax-exempt income
- Access to MFS's research resources
Weaknesses
- Higher credit risk compared to investment-grade bonds
- Sensitivity to interest rate changes
- Market price may trade at a discount or premium to NAV
- Leverage increases volatility
Opportunities
- Increased demand for tax-exempt income in high-tax environments
- Potential for capital appreciation if credit quality improves
- Active management can add value through security selection
- Ability to capitalize on market inefficiencies in the municipal bond market
Threats
- Rising interest rates
- Deterioration in credit quality of municipal issuers
- Changes in tax laws that reduce the attractiveness of municipal bonds
- Increased competition from other fixed-income investments
Competitors and Market Share
Key Competitors
- NHMAX
- MQY
- VFLUX
- HYT
Competitive Landscape
MHF competes with other closed-end and open-end municipal bond funds. Competitive advantages include MFS's experienced management team and research capabilities. Disadvantages may include higher expense ratios compared to some open-end funds.
Growth Trajectory and Initiatives
Historical Growth: Growth is primarily driven by the performance of the underlying municipal bond portfolio and the fund's ability to generate income.
Future Projections: Future growth depends on the outlook for the municipal bond market and MFS's ability to navigate interest rate and credit risks. Analyst estimates are generally not available for individual closed-end funds.
Recent Initiatives: Recent initiatives focus on optimizing the portfolio mix and managing leverage to enhance returns.
Summary
MFS High Yield Municipal Closed Fund offers investors tax-exempt income through a diversified high-yield municipal bond portfolio. Its performance is heavily influenced by interest rates and credit risk. MFS's management expertise and research capabilities are strengths, but leverage and market price volatility present risks. Investors should carefully consider these factors before investing.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings
- Morningstar
- Yahoo Finance
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual circumstances and after consulting with a qualified financial advisor. Market share data is estimated and may not be precise.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About MFS High Yield Municipal Closed Fund
Exchange NYSE | Headquaters Boston, MA, United States | ||
IPO Launch date 1987-03-19 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
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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