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Upturn AI SWOT - About
MFS Investment Grade Municipal Trust (CXH)
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Upturn Advisory Summary
09/17/2025: 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 3.03% | Avg. Invested days 43 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/17/2025 |
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 management investment company. It was formed to seek high current income exempt from federal income tax, consistent with prudent investment management.
Core Business Areas
- Investment Management: Manages a portfolio of investment-grade municipal bonds, aiming to provide tax-exempt income to shareholders. Focuses on U.S. municipal bonds and other securities with similar economic characteristics.
Leadership and Structure
Management is handled by MFS Investment Management. The trust is governed by a board of trustees.
Top Products and Market Share
Key Offerings
- Investment Grade Municipal Bonds: The Trust invests primarily in municipal bonds that are investment grade. The competitors are other closed-end municipal bond funds, open-end mutual funds, and ETFs focusing on municipal bonds. Market share data for this specific trust is difficult to ascertain and isn't publicly available, as market share information is generally based on AUM (Assets Under Management) relative to the total municipal bond market.
Market Dynamics
Industry Overview
The municipal bond market is influenced by factors such as interest rates, tax policy, and the financial health of state and local governments. Demand is driven by investors seeking tax-advantaged income.
Positioning
CXE is positioned as a provider of tax-exempt income through investment-grade municipal bonds. Its competitive advantage lies in MFS's expertise in municipal bond management.
Total Addressable Market (TAM)
The total US municipal bond market is worth trillions of dollars. CXE's position is that of a specialized player focused on delivering tax-exempt income within the larger TAM.
Upturn SWOT Analysis
Strengths
- Experienced management team (MFS)
- Focus on investment-grade municipal bonds
- Tax-exempt income for shareholders
Weaknesses
- Closed-end fund structure can lead to trading at a discount to NAV
- Susceptible to interest rate risk
- Concentration in municipal bonds limits diversification
Opportunities
- Rising demand for tax-exempt income
- Potential for increased municipal bond issuance
- Expansion into new municipal bond sectors
Threats
- Rising interest rates
- Changes in tax policy
- Credit downgrades of municipal bonds
Competitors and Market Share
Key Competitors
- VMO
- MUB
- HYD
- NUV
Competitive Landscape
CXE competes with other closed-end municipal bond funds, open-end mutual funds, and ETFs. Its performance is judged relative to these peers.
Growth Trajectory and Initiatives
Historical Growth: Growth is tied to the overall municipal bond market and the fund's ability to generate attractive risk-adjusted returns.
Future Projections: Future growth depends on market conditions and MFS's investment strategy.
Recent Initiatives: Information on recent initiatives is not readily available.
Summary
MFS Investment Grade Municipal Trust (CXE) is a closed-end fund designed to provide tax-exempt income through municipal bond investments. Its strengths include MFS's management and a focus on investment-grade securities. Key weaknesses involve the inherent risks of closed-end funds and sensitivity to interest rate changes. Future performance hinges on market conditions and MFS's ability to deliver attractive returns.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC filings
- Fund websites
- Financial data providers
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Investment decisions should be made based on individual circumstances and consultation with a financial advisor.
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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