The Technical Analyst
MFS High Yield Municipal [CMU]
Exchange: NYSE Sector: Financial Services Industry: Asset Management
MFS High Yield Municipal Price, Forecast, Insider, Ratings, Fundamentals & Signals
-0.45% $3.31
America/New_York / 8 mai 2024 @ 15:59
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 93.76 mill |
| EPS: | 0.0700 |
| P/E: | 47.29 |
| Earnings Date: | N/A |
| SharesOutstanding: | 28.33 mill |
| Avg Daily Volume: | 0.0600 mill |
| RATING 2024-05-08 |
|---|
| C |
| Sell |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Sell | |
| Return On Equity: | Strong Sell | |
| Return On Asset: | Strong Sell | |
| DE: | Neutral | |
| P/E: | Strong Sell | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | n/a | |||||
| Gr.Profit | n/a | |||||
| Ebit | n/a | |||||
| Asset | n/a | n/a | n/a | |||
| Debt | n/a | n/a | n/a |
| PE RATIO: COMPANY / SECTOR |
|---|
| 4.77x |
| Company: PE 47.29 | sector: PE 9.91 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 2.36x |
| Company: PE 47.29 | industry: PE 20.04 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$-3.25 (-198.09%) $-6.56 |
| Date: 2024-05-09 |
| Expected Trading Range (DAY) |
|---|
|
$ 3.29 - 3.34 ( +/- 0.76%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2023-04-06 | Saba Capital Management, L.p. | Buy | 400 | Common Stock |
| 2023-11-08 | Saba Capital Management, L.p. | Sell | 856 816 | Common Stock |
| 2023-11-08 | Saba Capital Management, L.p. | Buy | 10 448 | Common Stock |
| 2023-11-08 | Saba Capital Management, L.p. | Sell | 856 816 | Common Stock |
| 2023-11-03 | Jpmorgan Chase Bank, N.a. | Sell | 100 | Remarketable Variable Rate MuniFund Term Preferred Shares |
| INSIDER POWER |
|---|
| -65.33 |
| Last 29 transactions |
| Buy: 499 830 | Sell: 1 753 838 |
Forecast:
16:00 - $3.31
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $3.31
Forecast 2: 16:00 - $3.31
Forecast 3: 16:00 - $3.31
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $3.31 (-0.45% ) |
| Volume | 0.0728 mill |
| Avg. Vol. | 0.0600 mill |
| % of Avg. Vol | 121.29 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For CMU
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
CMU
MFS High Yield Municipal Trust 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. It was formerly known as Colonial Municipal Income Trust. MFS High Yield Municipal Trust was founded in March 19, 1987 and is domiciled in the United States.
Latest Press Releases
2024-03-01 16:15:00 - Press Release
Mfs Announces Closed-end Fund Distributions
Boston--(business wire)--mfs announces closed end fund income distributions for march 2024.
2024-02-01 16:15:00 - Press Release
Mfs Announces Closed-end Fund Distributions
Boston--(business wire)--mfs announces closed end fund distributions for february 2024.
2024-01-02 16:15:00 - Press Release
Mfs Announces Closed-end Fund Distributions
Boston--(business wire)--mfs announces monthly distributions for 10 closed end funds for january 2024.
2023-12-01 16:15:00 - Press Release
Mfs Announces Closed-end Fund Distributions
Boston--(business wire)--mfs announces closed-end fund distributions for 10 funds.
2023-10-06 16:20:00 - Press Release
Mfs High Yield Municipal Trust Commences Tender Offer
Boston--(business wire)--mfs high yield municipal trust (nyse: cmu) commences tender offer.
Latest News
2024-03-08 09:00:00 - Seeking Alpha
Weekly CEF Commentary | March 3, 2024 | PDX Makes The Change
Markets were flat, but upcoming events like the jobs report, PMIs, and ECB meeting are important.
2024-02-15 15:33:47 - Seeking Alpha
The MFS High Yield Municipal Trust: Leverage, Munis, And Tax Benefits
The MFS High Yield Municipal Trust is a closed-end mutual fund that offers high federal tax-advantaged income and capital appreciation. CMU invests in high-yield securities rated below investment grade, which carries greater risk but also the potential for higher returns. CMU provides national diversification with exposure to various states and industries, but investors should consider the credit quality distribution and leverage of the fund.
2024-02-03 11:00:17 - Seeking Alpha
CEF Weekly Review: Take Care With Total NAV Returns
We review CEF market valuation and performance through the fourth week of January and highlight recent market action. All sectors were up for the week, with MLPs and Preferreds leading the way. Investors should be wary in taking CEF total NAV returns at face value given various conventions and data issues.
2023-12-02 08:32:32 - Seeking Alpha
CEF Weekly Review: Deleveraging Is Less Damaging For Net Income These Days
We review CEF market valuation and performance through the fourth week of November and highlight recent market action. CEFs had a good week, with November coming in as the second-best month in the last several years. We discuss the impact on net income of a deleveraging across several BlackRock Muni CEFs.
2023-10-29 10:15:34 - Seeking Alpha
CEF Weekly Review: Be Careful With CEF Benchmarks
We review CEF market valuation and performance through the third week of October and highlight recent market action. All CEF sector NAVs were down on the week, while only three sectors managed to tighten. Investor should not take CEF performance against benchmarks at face value.
2023-10-25 12:27:30 - Seeking Alpha
CMU: Our Game Plan For This Muni CEF Tender Offer
MFS Municipal CEFs, High Yield Municipal Trust and Investment Grade Municipal Trust, are undergoing tender offers. Shareholders have the option to participate in the tender offers or reduce their allocation due to strong relative performance. The breakeven discount widening for the tender offer is 2.2%, meaning investors will make money if the discount does not widen more than 2.2% from current levels.
2023-09-01 15:47:25 - Seeking Alpha
CEF Report August 2023: Taxables Get Bought And Are Not Very Compelling, Munis Look Best
Taxable closed-end fund discounts have narrowed, reducing their attractiveness, while credit spreads have tightened, producing returns in some areas of the CEF market. Municipal CEFs remain exceptionally cheap, with discounts wider than 99% of historical observations. The risk-reward in the taxable bond CEF space is on the downside, while the upside potential in municipal CEFs is significant, but dependent on a shift in Fed policy and inflation.
2022-02-25 04:31:40 - Seeking Alpha
Quality Closed-End Fund Report, February 2022
Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Top DxYxZ funds are EHI, JPI and WEA.
2022-02-11 11:25:33 - Seeking Alpha
CEF Weekly Market Review: The Attraction Of Shadow High Yielders
2021-09-12 13:16:27 - Seeking Alpha
CEF Weekly Market Review: Happens To The Best Of Us
We review CEF market valuation and performance over the first short week of September and highlight recent market events. Discounts continue to move sideways even as NAVs keep edging higher.