MFS Investment Grade Municipal Trust – NYSE:CXH

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$7.46

-0.46

-5.93%

Market closed

Open in 4 minutes

-1.12%

month

-1.12%

quarter

+4.89%

year

Market Cap	64.28M
Enterprise value	108.81M

P/E	43.47
EV/Sales	19.89
EV/EBITDA	-797.29
Price/Sales	11.89
Price/Book	0.93
PEG ratio	0.68
EPS	2.08

Revenue	4.47M
EBITDA	-2.82M
Income	18.09M
Revenue Q/Q	N/A
Revenue Y/Y	N/A

Profit margin	27.35%
Oper. margin	77.17%
Gross margin	87.94%
EBIT margin	77.17%
EBITDA margin	-63.13%

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10 years history
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MFS Investment Grade Municipal Trust (NYSE:CXH): Profit margin
Feb 2023	1.37M	874.21K	63.62%
May 2023	259.56K	9.11M	3509.76%
Aug 2023	1.37M	-87.74K	-6.38%
Nov 2023	1.47M	8.19M	557.41%

Dividends

Paying a dividend greater than earnings.

MFS Investment Grade Municipal Trust (NYSE:CXH): Payout ratio
Payout ratio	198.74%

MFS Investment Grade Municipal Trust (NYSE:CXH): Dividend Yield
2019	4.39%
2020	4.78%
2021	4.66%
2022	5.64%
2023	4.21%

CXH dividends history

MFS Investment Grade Municipal Trust (NYSE:CXH): Debt to assets
Feb 2023	128470790	51.35M	39.97%
May 2023	128470791	2.51M	1.96%
Aug 2023	114465176	45.67M	39.9%
Nov 2023	114465176	1.79M	1.57%

MFS Investment Grade Municipal Trust (NYSE:CXH): Cash Flow
Feb 2023	-609.23K	0	609.23K
May 2023	1.43M	-3.71M	1.21M
Aug 2023	6.53M	0	-6.53M
Nov 2023	1.29M	10.74M	-13.06M

MFS Investment Grade Municipal Trust
Insider Trading

MFS Investment Grade Municipal Trust (NYSE:CXH): Insider trades (number of shares)
Period	Buy	Sel
Oct 2023	0	4935
Nov 2023	213246	0

Transaction	Date	Insider	Security	Shares	Price per share	Total value
Purchase	8 Nov 2023	SABA CAPITAL MANAGEMENT, L.P. 10 percent owner 10 percent owner	Common Stock	213,246	$7.79	$1,661,186
Sale	24 Oct 2023	SABA CAPITAL MANAGEMENT, L.P. 10 percent owner 10 percent owner	Common Stock	732	$6.59	$4,824
Sale	3 Oct 2023	SABA CAPITAL MANAGEMENT, L.P. 10 percent owner 10 percent owner	Common Stock	4,203	$7.02	$29,505
Sale	7 Sep 2012	MORGAN STANLEY 10 percent owner 10 percent owner	Municipal Auction Rate Cumulative Preferred	308	$25,000	$7,700,000
Sale	6 Aug 2010	MORGAN STANLEY 10 percent owner 10 percent owner	Common Stock	200	$9.89	$1,978
Purchase	12 Oct 2009	KAVANAUGH JOHN P director director	MFS Investment Grade Municipal Trust	4,000	$9	$36,000
Purchase	14 Aug 2009	KAVANAUGH JOHN P director director	MFS Investment Grade Municipal Trust common shares	1,500	$8.5	$12,750
Purchase	9 Dec 2008	MORGAN STANLEY 10 percent owner 10 percent owner	Common Stock	200	$5.86	$1,172

CXH insider trading transactions

MFS Investment Grade Municipal Trust
Latest News

Friday, 8 March 2024
09:00	Weekly CEF Commentary \| March 3, 2024 \| PDX Makes The Change	Seeking Alpha
Saturday, 3 February 2024
11:00	CEF Weekly Review: Take Care With Total NAV Returns	Seeking Alpha
Monday, 5 December 2022
22:06	Quality Closed-End Fund Report, November 2022	Seeking Alpha
Friday, 24 December 2021
12:24	Last Orders For 2021 CEF Opportunities	Seeking Alpha

Frequently Asked Questions (FAQ)

What's the price of MFS Investment Grade Municipal Trust stock today?

One share of MFS Investment Grade Municipal Trust stock can currently be purchased for approximately $7.46.
When is MFS Investment Grade Municipal Trust's next earnings date?

Unfortunately, MFS Investment Grade Municipal Trust's (CXH) next earnings date is currently unknown.
Does MFS Investment Grade Municipal Trust pay dividends?

Yes, MFS Investment Grade Municipal Trust pays dividends and its trailing 12-month yield is 3.87% with 199% payout ratio.It means that the company is paying a dividend greater than earnings. The last MFS Investment Grade Municipal Trust stock dividend of $0.03 was paid on 28 Feb 2022.
How much money does MFS Investment Grade Municipal Trust make?

MFS Investment Grade Municipal Trust has a market capitalization of 64.28M and it's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 130.27% to 5.5M US dollars.
What is MFS Investment Grade Municipal Trust's stock symbol?

MFS Investment Grade Municipal Trust is traded on the NYSE under the ticker symbol "CXH".
What is MFS Investment Grade Municipal Trust's primary industry?

Company operates in the Financial Services sector and Asset Management industry.
How do i buy shares of MFS Investment Grade Municipal Trust?

Shares of MFS Investment Grade Municipal Trust can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
When MFS Investment Grade Municipal Trust went public?

MFS Investment Grade Municipal Trust is publicly traded company for more then 36 years since IPO on 19 May 1989.
What is MFS Investment Grade Municipal Trust's official website?

The official website for MFS Investment Grade Municipal Trust is mfs.com.
Where are MFS Investment Grade Municipal Trust's headquarters?

MFS Investment Grade Municipal Trust is headquartered at 111 Huntington Avenue, Boston, MA.
How can i contact MFS Investment Grade Municipal Trust?

MFS Investment Grade Municipal Trust's mailing address is 111 Huntington Avenue, Boston, MA and company can be reached via phone at +61 79545000.

MFS Investment Grade Municipal Trust

mfs.com

Exchange:

NYSE

Full time employees:

Industry:

Asset Management

Sector:

Financial Services

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.

+61 79545000

111 Huntington Avenue
Boston, MA 02199

CIK: 0000847411
ISIN: US59318B1089
CUSIP: 59318B108