Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
Upturn AI SWOT - About
MFS High Yield Municipal Closed Fund (CMU)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
09/15/2025: CMU (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit 9.88% | Avg. Invested days 42 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 09/15/2025 |
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 |
Upturn AI SWOT
MFS High Yield Municipal Closed Fund
Company Overview
History and Background
MFS High Yield Municipal Closed Fund was formed to seek high current income exempt from federal income tax, but there is no guarantee the fund will achieve its objective. Its investment approach is value-oriented, seeking bonds the manager believes are undervalued.
Core Business Areas
- Investment Management: The core business is managing a portfolio of high-yield municipal bonds, aiming to generate income exempt from federal income tax.
Leadership and Structure
MFS Investment Management serves as the investment advisor. The fund operates as a closed-end investment company.
Top Products and Market Share
Key Offerings
- High Yield Municipal Bonds Portfolio: MFS High Yield Municipal Closed Fund's primary offering is a professionally managed portfolio of high-yield municipal bonds. No specific market share data available, but it competes with other closed-end municipal bond funds from firms like BlackRock, Nuveen, and Eaton Vance. Competitors: BlackRock, Nuveen, Eaton Vance
Market Dynamics
Industry Overview
The market for municipal bonds is influenced by interest rates, credit ratings, and economic conditions. High-yield municipal bonds carry greater risk but offer higher potential returns.
Positioning
MFS High Yield Municipal Closed Fund positions itself as a provider of high current income through a diversified portfolio of municipal bonds, targeting investors seeking tax-advantaged income.
Total Addressable Market (TAM)
The TAM for municipal bond funds is substantial, driven by demand from income-seeking investors, especially in high-tax states. MFS High Yield Municipal Closed Fund captures a segment of this TAM by focusing on the higher-yield portion of the market.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Diversified portfolio
- Tax-exempt income
- Established brand (MFS)
Weaknesses
- Higher risk profile compared to investment-grade municipal bonds
- Closed-end fund structure can lead to trading at a discount to NAV
- Susceptibility to interest rate fluctuations
- Reliance on the expertise of its investment advisor
Opportunities
- Growing demand for tax-advantaged income
- Potential for capital appreciation in addition to income
- Expansion into new municipal bond sectors
- Increased marketing efforts to attract new investors
Threats
- Rising interest rates
- Credit downgrades of municipal bonds
- Changes in tax laws that reduce the attractiveness of municipal bonds
- Increased competition from other fixed-income investments
Competitors and Market Share
Key Competitors
- Nuveen Municipal High Income Opportunity Fund (NMI)
- BlackRock MuniYield Investment Fund (MYF)
- Eaton Vance Municipal Income Trust (EVN)
Competitive Landscape
MFS High Yield Municipal Closed Fund competes in the high-yield municipal bond fund market, characterized by numerous players. Its performance depends on its investment strategy, expense ratio, and ability to generate attractive risk-adjusted returns. Many competitors have a larger AUM.
Growth Trajectory and Initiatives
Historical Growth: Historical growth requires access to financial data over previous years. Consult sources like Yahoo Finance or company SEC filings for time series data.
Future Projections: Future projections require financial analyst reports which change quickly and not easily tracked. Often available through professional financial data sources.
Recent Initiatives: Recent initiatives would require specific company news releases and SEC filings, focusing on the fund's strategic actions.
Summary
MFS High Yield Municipal Closed Fund offers tax-exempt income through high-yield municipal bonds and is managed by an experienced team. Trading at a discount to NAV and interest rate sensitivity are challenges, while demand for tax-advantaged investments and proactive management of risks offers opportunities. Financial data needs to be monitored through publically available sources for a fully formed assessment. Key risks would be credit quality of holdings.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- MFS Investment Management Website
- Yahoo Finance
- Bloomberg
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered financial advice. Investment decisions should be made in consultation with a qualified financial advisor. Market share data is approximate.
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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.