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Upturn AI SWOT - About
MFS Investment Grade Municipal Trust (CXH)
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Upturn Advisory Summary
10/29/2025: CXH (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 5.01% | Avg. Invested days 47 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 10/29/2025 |
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 |
Upturn AI SWOT
MFS Investment Grade Municipal Trust
Company Overview
History and Background
MFS Investment Grade Municipal Trust (CXE) is a closed-end investment fund. It seeks to provide high current income consistent with the preservation of capital by investing primarily in investment-grade municipal bonds.
Core Business Areas
- Investment Management: Managing a portfolio of investment-grade municipal bonds to generate income for shareholders.
Leadership and Structure
The fund is managed by MFS Investment Management. Specific leadership details beyond portfolio managers are generally not publicly disclosed for closed-end funds.
Top Products and Market Share
Key Offerings
- Investment-Grade Municipal Bond Portfolio: The core product is a diversified portfolio of investment-grade municipal bonds. Market share is difficult to define precisely for a specific fund. The broader municipal bond market is highly competitive with numerous fund managers like BlackRock, Nuveen, and Eaton Vance.
Market Dynamics
Industry Overview
The closed-end fund industry is competitive, influenced by interest rates, credit spreads, and investor sentiment. The municipal bond market is driven by state and local government financing needs and tax advantages for investors.
Positioning
CXE is positioned as an investment-grade municipal bond fund seeking high current income while preserving capital. Competitive advantages would stem from MFS's expertise in municipal bond research and selection.
Total Addressable Market (TAM)
The total U.S. municipal bond market is estimated to be in the trillions of dollars. CXE's TAM is the investment-grade segment of this market. CXE has a very small fraction of the TAM.
Upturn SWOT Analysis
Strengths
- Experienced Investment Management Team
- Diversified Portfolio
- Focus on Investment-Grade Municipal Bonds
- Tax-exempt income potential
Weaknesses
- Closed-End Fund Structure (potential for trading at a discount to NAV)
- Exposure to Interest Rate Risk
- Credit Risk associated with Municipal Bonds
- Management Fees
Opportunities
- Rising Interest Rates (potentially higher income)
- Increased Demand for Tax-Exempt Income
- Expansion of Municipal Bond Market
- Active Management to Outperform Benchmarks
Threats
- Economic Downturn (increased credit risk)
- Rising Interest Rates (decreased bond values)
- Changes in Tax Laws (reduced attractiveness of municipal bonds)
- Increased Competition from other fixed income funds
Competitors and Market Share
Key Competitors
- VVC
- NUV
- EOT
- MUB
Competitive Landscape
CXE competes with other closed-end municipal bond funds and ETFs. Its advantages depend on MFS's investment expertise and expense management. Disadvantages may include a smaller size relative to larger ETFs and funds.
Growth Trajectory and Initiatives
Historical Growth: Growth in a closed-end fund is typically measured by asset growth through investment performance and any offerings of new shares (less common).
Future Projections: Future growth depends on market conditions and the fund's ability to generate returns above its benchmark.
Recent Initiatives: Information on recent initiatives is generally limited for closed-end funds, focusing on portfolio adjustments.
Summary
MFS Investment Grade Municipal Trust offers a stream of income from investment grade municipal bonds. Being a closed end fund, CXE can trade at a premium or a discount. Rising interest rates can pose a risk to performance. Investors seeking tax-exempt income should consider CXE as one option amongst many competitors in the municipal bond fund universe.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Fund Documentation
- Financial News Websites
- Brokerage Platforms
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Market share data is approximate and may vary.
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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