CMU
Price:
$3.64
Market Cap:
$92.79M
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.[Read more]
Industry
Asset Management
IPO Date
1987-03-19
Stock Exchange
NYSE
Ticker
CMU
According to MFS High Yield Municipal Trust’s latest financial reports and current stock price. The company's current Current Ratio is 4.15. This represents a change of 53.72% compared to the average of 2.70 of the last 4 quarters.
The mean historical Current Ratio of MFS High Yield Municipal Trust over the last ten years is 3.66. The current 4.15 Current Ratio has changed 11.22% with respect to the historical average. Over the past ten years (40 quarters), CMU's Current Ratio was at its highest in in the August 2019 quarter at 9.51. The Current Ratio was at its lowest in in the May 2020 quarter at 0.18.
Average
3.66
Median
3.16
Minimum
0.29
Maximum
12.51
Discovering the peaks and valleys of MFS High Yield Municipal Trust Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 2.21%
Maximum Annual Current Ratio = 12.51
Minimum Annual Increase = -93.12%
Minimum Annual Current Ratio = 0.29
Year | Current Ratio | Change |
---|---|---|
2023 | 1.41 | -67.04% |
2022 | 4.28 | 466.79% |
2021 | 0.75 | -83.53% |
2020 | 4.58 | -63.40% |
2019 | 12.51 | 2.21% |
2018 | 0.54 | 87.81% |
2017 | 0.29 | -93.12% |
2016 | 4.18 | -29.60% |
2015 | 5.94 | 178.29% |
2014 | 2.13 | -51.34% |
The current Current Ratio of MFS High Yield Municipal Trust (CMU) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
2.15
5-year avg
4.71
10-year avg
3.66
MFS High Yield Municipal Trust’s Current Ratio is greater than MFS Investment Grade Municipal Trust (3.11), greater than MFS Municipal Income Trust (0.05), greater than DTF Tax-Free Income 2028 Term Fund Inc. (1.46), greater than MFS Government Markets Income Trust (0.39), greater than Invesco High Income 2024 Target Term Fund (0), greater than Eaton Vance National Municipal Opportunities Trust (0), greater than Nuveen California Select Tax-Free Income Portfolio (3.14), less than Federated Hermes Premier Municipal Income Fund (4.36), greater than Virtus Convertible & Income 2024 Target Term Fund (2.04), greater than BlackRock MuniHoldings New York Quality Fund, Inc. (0.79), less than Invesco High Income 2023 Target Term Fund (8.71), greater than Nuveen Corporate Income 2023 Target Term Fund (0.27),
Company | Current Ratio | Market cap |
---|---|---|
3.11 | $68.26M | |
0.05 | $231.87M | |
1.46 | $79.70M | |
0.39 | $103.15M | |
0 | $66.25M | |
0 | $273.05M | |
3.14 | $84.43M | |
4.36 | $132.80M | |
2.04 | $167.75M | |
0.79 | $328.94M | |
8.71 | $167.09M | |
0.27 | $74.64M |
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