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MFS Investment Grade Municipal Trust (CXH)
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Upturn Advisory Summary
12/03/2025: 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 3.12% | Avg. Invested days 50 | 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 12/03/2025 |
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) was established to provide shareholders with as high a current income exempt from federal income tax as is consistent with prudent investment of capital. The Trust invests primarily in investment-grade municipal bonds.
Core Business Areas
- Investment Management: Management of a portfolio of investment-grade municipal bonds to generate tax-exempt income.
Leadership and Structure
The fund is managed by MFS Investment Management. Specific leadership details are publicly available on MFS's website.
Top Products and Market Share
Key Offerings
- Municipal Bond Portfolio: The core offering is a diversified portfolio of investment-grade municipal bonds. Market share data specific to CXE is not readily available; it participates within the broader municipal bond closed-end fund market. Competitors include other closed-end municipal bond funds.
Market Dynamics
Industry Overview
The municipal bond market is influenced by interest rates, credit quality of issuers, and tax policy. Demand is driven by investors seeking tax-exempt income.
Positioning
CXE is positioned as a provider of tax-exempt income through a diversified portfolio of investment-grade municipal bonds. Its competitive advantage lies in its management expertise and established track record.
Total Addressable Market (TAM)
The total value of the U.S. municipal bond market is trillions of dollars. CXE holds a small segment of this market with a capitalization of several hundred million dollars.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Diversified portfolio
- Established track record
- Tax-exempt income generation
Weaknesses
- Vulnerability to interest rate changes
- Dependence on the municipal bond market
- Limited growth potential compared to other asset classes
Opportunities
- Increasing demand for tax-exempt income
- Potential for rising interest rates to boost income
- Expanding the portfolio with new municipal bond issues
Threats
- Rising interest rates leading to price declines
- Credit downgrades of municipal bond issuers
- Changes in tax laws reducing the attractiveness of municipal bonds
- Increased competition from other tax-advantaged investments
Competitors and Market Share
Key Competitors
- VFL
- NVG
- VMO
- MUB
Competitive Landscape
CXE competes with other closed-end municipal bond funds based on performance, expense ratios, and investment strategies. Its advantages depend on its management team's ability to generate competitive returns within its investment mandate.
Growth Trajectory and Initiatives
Historical Growth: Growth is limited as a closed-end fund. Performance is primarily driven by the performance of the underlying municipal bond portfolio.
Future Projections: Future performance depends on the municipal bond market, interest rates, and credit quality.
Recent Initiatives: Recent initiatives are typically related to portfolio management strategies and adapting to market conditions.
Summary
MFS Investment Grade Municipal Trust (CXE) is a stable, income-focused investment vehicle best suited for investors seeking tax-exempt income. Its performance is tied to the municipal bond market, making it vulnerable to interest rate risk. While CXE offers consistent dividends, its growth potential is limited and faces competition from similar funds. Its strength lies in experienced management and a diversified portfolio.
Similar Stocks
Sources and Disclaimers
Data Sources:
- MFS Investment Management Website
- Financial Data Providers (e.g., Bloomberg, Yahoo Finance)
- SEC Filings
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered financial advice. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor. Market share estimates are 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 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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