MFM
Price:
$5.44
Market Cap:
$224.06M
MFS Municipal Income 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. MFS Municipal Income Trust was founded in November 25, 1986 and and is domiciled in United States.
Industry
Asset Management - Income
IPO Date
1986-11-18
Stock Exchange
NYSE
Ticker
MFM
According to MFS Municipal Income Trust’s latest financial reports and current stock price. The company's current ROE is 3.20%. This represents a change of 178.05% compared to the average of 1.15% of the last 4 quarters.
The mean historical ROE of MFS Municipal Income Trust over the last ten years is 2.23%. The current 3.20% ROE has changed 43.27% with respect to the historical average. Over the past ten years (40 quarters), MFM's ROE was at its highest in in the April 2024 quarter at 12.88%. The ROE was at its lowest in in the October 2022 quarter at -14.35%.
Average
2.23%
Median
4.12%
Minimum
-30.41%
Maximum
18.43%
Discovering the peaks and valleys of MFS Municipal Income Trust ROE, 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 = 3.34%
Maximum Annual ROE = 18.43%
Minimum Annual Increase = -1563.52%
Minimum Annual ROE = -30.41%
| Year | ROE | Change |
|---|---|---|
| 2024 | 18.43% | 3.34% |
| 2023 | 0.54% | -101.76% |
| 2022 | -30.41% | -482.25% |
| 2021 | 7.95% | -1563.52% |
| 2020 | -0.54% | -105.67% |
| 2019 | 9.58% | 762.60% |
| 2018 | 1.11% | -61.63% |
| 2017 | 2.89% | -61.14% |
| 2016 | 7.45% | 39.51% |
| 2015 | 5.34% | -61.72% |
The current ROE of MFS Municipal Income Trust (MFM) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
-3.81%
5-year avg
-0.81%
10-year avg
2.23%
MFS Municipal Income Trust’s ROE is less than Eaton Vance Municipal Income 2028 Term Trust (3.26%), greater than Hennessy Equity and Income Fund Investor Class (0%), less than Putnam Managed Municipal Income Trust (3.07%), less than MFS Charter Income Trust (6.47%), greater than Sit Dividend Growth Fund Class S (0%), less than SGI U.S. Large Cap Equity Fund Class I (23.78%), greater than Sit Dividend Growth Fund Class I (0%), less than Virtus SGA Global Growth I Class (5.36%), less than BlackRock MuniYield Quality Fund II, Inc. (1.22%), less than Invesco Pennsylvania Value Municipal Income Trust (5.27%),
| Company | ROE | Market cap |
|---|---|---|
| 3.26% | $208.73M | |
| 0% | $209.82M | |
| 3.07% | $272.53M | |
| 6.47% | $266.14M | |
| 0% | $230.86M | |
| 23.78% | $225.72M | |
| 0% | $231.36M | |
| 5.36% | $221.75M | |
| 1.22% | $221.55M | |
| 5.27% | $186.41M |
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What is MFS Municipal Income Trust's ROE?
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How does the current ROE for MFS Municipal Income Trust (MFM) compare to its historical average?