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Upturn AI SWOT - About
MFS Investment Grade Municipal Trust (CXH)
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Upturn Advisory Summary
06/30/2025: CXH (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 $0
1 Year Target Price $0
| 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 62.56M USD | Price to earnings Ratio 8.67 | 1Y Target Price - |
Price to earnings Ratio 8.67 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.68 | 52 Weeks Range 7.36 - 8.36 | Updated Date 06/29/2025 |
52 Weeks Range 7.36 - 8.36 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 4.31% | Basic EPS (TTM) 0.88 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 136.64% | Operating Margin (TTM) 84.97% |
Management Effectiveness
Return on Assets (TTM) 2.41% | Return on Equity (TTM) 10.19% |
Valuation
Trailing PE 8.67 | Forward PE - | Enterprise Value 106498096 | Price to Sales(TTM) 11.79 |
Enterprise Value 106498096 | Price to Sales(TTM) 11.79 | ||
Enterprise Value to Revenue 8.53 | Enterprise Value to EBITDA - | Shares Outstanding 8199220 | Shares Floating - |
Shares Outstanding 8199220 | Shares Floating - | ||
Percent Insiders 0.09 | Percent Institutions 45.91 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
MFS Investment Grade Municipal Trust
Company Overview
History and Background
MFS Investment Grade Municipal Trust (CXE) was established to provide high current income exempt from federal income tax, consistent with preservation of capital. It invests primarily in investment-grade municipal bonds.
Core Business Areas
- Closed-End Fund Management: Management and investment of a portfolio consisting primarily of investment-grade municipal bonds. The fund aims for tax-exempt income.
Leadership and Structure
The fund is managed by MFS Investment Management. Details on specific executives were not available on the public web searches conducted.
Top Products and Market Share
Key Offerings
- Investment Grade Municipal Bond Portfolio: A closed-end fund investing primarily in municipal bonds rated investment grade. Market share data specific to CXE as a standalone product is unavailable. Competitors include other municipal bond closed-end funds and ETFs. The revenue for this product is the asset under management, which fluctuates.
Market Dynamics
Industry Overview
The municipal bond market is influenced by interest rates, tax policies, and the creditworthiness of municipal issuers. It's generally considered a relatively stable market.
Positioning
CXE focuses on investment-grade municipal bonds, aiming for stability and income. Its competitive advantage lies in MFS's expertise in fixed-income investing.
Total Addressable Market (TAM)
The total municipal bond market is in the trillions of dollars. CXE captures a small portion of this market through its managed assets.
Upturn SWOT Analysis
Strengths
- Experienced management team (MFS)
- Focus on investment-grade bonds (lower risk)
- Tax-exempt income for investors
Weaknesses
- Subject to interest rate risk
- Closed-end fund structure can trade at a discount to NAV
- High expense ratio
Opportunities
- Rising interest rates increasing income potential
- Increased demand for tax-advantaged investments
- Potential for active management to outperform benchmarks
Threats
- Rising interest rates decreasing bond values
- Credit downgrades of municipal issuers
- Changes in tax laws impacting municipal bond attractiveness
Competitors and Market Share
Key Competitors
- NVG
- NUV
- VFL
- PIMCO
- BlackRock
Competitive Landscape
CXE competes with other closed-end municipal bond funds. Performance and expense ratios are key differentiators.
Growth Trajectory and Initiatives
Historical Growth: Growth is tied to the fund's ability to generate income and maintain or increase its NAV.
Future Projections: Future projections depend on market conditions, interest rates, and the fund's investment performance. Analyst estimates were not accessible in the performed web search.
Recent Initiatives: Recent strategic initiatives are not publicly available in the recent web search but involve portfolio management decisions.
Summary
MFS Investment Grade Municipal Trust offers tax-exempt income to investors through its portfolio of investment-grade municipal bonds. Its strength lies in MFS's management experience. However, the fund is susceptible to interest rate risk and market fluctuations. Investors should consider its expense ratio and potential discount to NAV when evaluating CXE. The fund needs to improve and highlight it's performance to better gain marketshare.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Yahoo Finance
- MFS Investment Management Website
- SEC Filings
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Market share and financial data may be estimates.
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 Investment Grade Municipal Trust
Exchange NYSE | Headquaters Boston, MA, United States | ||
IPO Launch date 1989-06-30 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
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.
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