CMU
MFS High Yield Municipal Trust·Financial Services
3.67
0.000%(+0.00)
Market ClosedLast Updated: — ET
52W L: $3.2152W H: $3.71
MFS High Yield Municipal Trust·Financial Services
Market Peers
We review the CEF market valuation and performance through the second week of April and highlight recent market action. CEFs rallied broadly with tightening discounts, now trading near historic averages, signaling improved sentiment across most sectors except MLPs. Saba's canceled BRW-SABA merger preserves relative value opportunities and maintains SABA's appeal due to its low fee structure and wider discount.
BOSTON--(BUSINESS WIRE)--MFS High Yield Trust Announces Optional Partial Redemption of Preferred Shares.
Almitas Capital LLC grew its holdings in shares of Mfs Hi Yld (NYSE: CMU) by 131.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,507,168 shares of the company's stock after buying an additional 855,533 shares during the period. Mfs Hi
I expect MFS High Income Municipal Trust to conduct a tender offer similar to plans already announced for CMU and CXH in the same vote. As a comparison, CMU and CXH boards authorized 50% tenders contingent on achieving the same vote. This is a binary situation. I expect merging into MFM absent a tender would be a money loser.
BOSTON--(BUSINESS WIRE)--MFS High Yield Municipal Trust (CMU) Announces Tender Offer.