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    MFS High Income Municipal Trust (CXE)

    Price:

    3.70 USD

    ( - -0.01 USD)

    Your position:

    0 USD

    ACTION PANEL
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    ABOUT
    Symbol
    CXE
    Name
    MFS High Income Municipal Trust
    Industry
    Asset Management - Income
    Sector
    Financial Services
    Price
    3.700
    Market Cap
    116.645M
    Enterprise value
    191.456M
    Currency
    USD
    Ceo
    Robin Ann Stelmach
    Full Time Employees
    Website
    Ipo Date
    1989-02-17
    City
    Boston
    Address
    111 Huntington Avenue

    Check the

    KEY TAKEAWAYS

    ASK OUR AI ABOUT THE COMPANY (REGISTER FOR EARLY ACCESS)
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    SIMILAR COMPANIES STI SCORE

    Similar STI Score

    Nuveen Quality Municipal Income Fund

    VALUE SCORE:

    4

    Symbol
    NAD
    Market Cap
    2.700B
    Industry
    Asset Management - Income
    Sector
    Financial Services

    2nd position

    The Gabelli Dividend & Income Trust

    VALUE SCORE:

    13

    Symbol
    GDV-PK
    Market Cap
    2.414B
    Industry
    Asset Management - Income
    Sector
    Financial Services

    The best

    The Gabelli Dividend & Income Trust

    VALUE SCORE:

    13

    Symbol
    GDV
    Market Cap
    2.414B
    Industry
    Asset Management - Income
    Sector
    Financial Services
    FUNDAMENTALS
    P/E
    61.450
    P/S
    11.415
    P/B
    0.935
    Debt/Equity
    0.555
    EV/FCF
    31.821
    Price to operating cash flow
    -1.000
    Price to free cash flow
    -1.000
    EV/sales
    18.187
    Earnings yield
    0.016
    Debt/assets
    0.333
    FUNDAMENTALS
    Net debt/ebidta
    5.378
    Interest coverage
    0
    Research And Developement To Revenue
    0
    Intangile to total assets
    0
    Capex to operating cash flow
    0
    Capex to revenue
    0
    Capex to depreciation
    0
    Return on tangible assets
    0.009
    Debt to market cap
    0.593
    Piotroski Score
    7.000
    FUNDAMENTALS
    PEG
    -0.697
    P/CF
    20.026
    P/FCF
    20.026
    RoA %
    0.913
    RoIC %
    8.909
    Gross Profit Margin %
    85.114
    Quick Ratio
    0.267
    Current Ratio
    0.267
    Net Profit Margin %
    18.576
    Net-Net
    -2.550
    FUNDAMENTALS PER SHARE
    FCF per share
    0.185
    Revenue per share
    0.324
    Net income per share
    0.060
    Operating cash flow per share
    0.185
    Free cash flow per share
    0.185
    Cash per share
    0
    Book value per share
    3.957
    Tangible book value per share
    3.957
    Shareholders equity per share
    3.957
    Interest debt per share
    2.195
    TECHNICAL
    52 weeks high
    4.000
    52 weeks low
    3.380
    Current trading session High
    3.725
    Current trading session Low
    3.700
    DIVIDEND
    Dividend yield
    5.43%
    Payout ratio
    319%
    Years of div. Increase
    2.000
    Years of div.
    37.000
    Q-shift
    Dividend per share
    0.201
    SIMILAR COMPANIES
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management
    Dividend yield
    0.053043477%
    Payout Ratio
    281.0507%
    P/E
    55.754
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management
    Dividend yield
    0.044599745%
    Payout Ratio
    63.924499999999995%
    P/E
    20.966
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.034001745%
    Payout Ratio
    0%
    P/E
    53.803
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.050375234%
    Payout Ratio
    133.24175%
    P/E
    27.741
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.07523871%
    Payout Ratio
    0%
    P/E
    19.615
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.058103163%
    Payout Ratio
    86.228853%
    P/E
    16.448
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.04943802%
    Payout Ratio
    0%
    P/E
    21.662
    DESCRIPTION

    MFS High Income Municipal Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets. It primarily invests in municipal bonds and local general obligations of various sectors, such as multifamily, hospitals, care retirement, and investor-owned utilities. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index. It was formerly known as Colonial High Income Municipal Trust. MFS High Income Municipal Trust was formed on February 17, 1989 and is domiciled in United States.

    NEWS
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    MFS Announces Closed-End Fund Distributions

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    2025-02-03 16:15:00

    BOSTON--(BUSINESS WIRE)--MFS Announces Closed End Fund Distributions for February 2025.

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    Weekly CEF Commentary | March 3, 2024 | PDX Makes The Change

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    2024-03-08 09:00:00

    Markets were flat, but upcoming events like the jobs report, PMIs, and ECB meeting are important.

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    MFS Announces Closed-End Fund Distributions

    businesswire.com

    2024-03-01 16:15:00

    BOSTON--(BUSINESS WIRE)--MFS announces closed end fund income distributions for March 2024.

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    CEF Weekly Review: Take Care With Total NAV Returns

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    2024-02-03 11:00:17

    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.

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    MFS Announces Closed-End Fund Distributions

    businesswire.com

    2024-02-01 16:15:00

    BOSTON--(BUSINESS WIRE)--MFS announces closed end fund distributions for February 2024.

    https://images.financialmodelingprep.com/news/mfs-announces-closedend-fund-distributions-20240102.jpg
    MFS Announces Closed-End Fund Distributions

    businesswire.com

    2024-01-02 16:15:00

    BOSTON--(BUSINESS WIRE)--MFS announces monthly distributions for 10 closed end funds for January 2024.

    https://images.financialmodelingprep.com/news/mfs-announces-closedend-fund-distributions-20231201.jpg
    MFS Announces Closed-End Fund Distributions

    businesswire.com

    2023-12-01 16:15:00

    BOSTON--(BUSINESS WIRE)--MFS Announces Closed-End Fund Distributions for 10 Funds.

    https://images.financialmodelingprep.com/news/mfs-announces-closedend-fund-distributions-20231002.jpg
    MFS Announces Closed-End Fund Distributions

    businesswire.com

    2023-10-02 16:15:00

    BOSTON--(BUSINESS WIRE)--MFS announces closed end fund distributions for October 2023.

    https://images.financialmodelingprep.com/news/mfs-announces-closedend-fund-distributions-20230901.jpg
    MFS Announces Closed-End Fund Distributions

    businesswire.com

    2023-09-01 16:15:00

    BOSTON--(BUSINESS WIRE)--MFS announces closed end fund distributions for 10 funds for September 2023.

    https://images.financialmodelingprep.com/news/mfs-announces-closedend-fund-distributions-20230703.jpg
    MFS Announces Closed-End Fund Distributions

    businesswire.com

    2023-07-03 13:45:00

    BOSTON--(BUSINESS WIRE)--MFS declares monthly distributions for 10 closed end funds for July 2023.

    https://images.financialmodelingprep.com/news/mfs-announces-closedend-fund-distributions-20230501.png
    MFS Announces Closed-End Fund Distributions

    businesswire.com

    2023-05-01 16:15:00

    BOSTON--(BUSINESS WIRE)--MFS Investment Management® (MFS®) announced today monthly distributions of the following closed-end funds, all with declaration dates of May 1, 2023, ex-dividend dates of May 16, 2023, record dates of May 17, 2023, and payable dates of May 31, 2023: Fund (ticker) Income/ Share Other Sources/ Share* Total Amount/ Share MFS® Charter Income Trust (NYSE: MCR)^ $0.0000 $0.045870 $0.045870 MFS® Government Markets Income Trust (NYSE: MGF)^ $0.0000 $0.02140 $0.02140 MFS® High Income Municipal Trust (NYSE: CXE) $0.0130 $0.0000 $0.0130 MFS® High Yield Municipal Trust (NYSE: CMU) $0.0110 $0.0000 $0.0110 MFS® Intermediate High Income Fund (NYSE: CIF)^ $0.0000 $0.014630 $0.014630 MFS® Intermediate Income Trust (NYSE: MIN)^ $0.0000 $0.021420 $0.021420 MFS® Investment Grade Municipal Trust (NYSE: CXH) $0.0230 $0.0000 $0.0230 MFS® Multimarket Income Trust (NYSE: MMT)^ $0.0000 $0.033320 $0.033320 MFS® Municipal Income Trust (NYSE: MFM) $0.0180 $0.0000 $0.0180 MFS® Special Value Trust (NYSE: MFV)^ $0.0000 $0.037180 $0.037180 ^The fund has adopted a managed distribution plan. Under a managed distribution plan, to the extent that sufficient investment income is not available on a monthly basis, the fund will distribute long-term capital gains and/or return of capital in order to maintain its managed distribution level. You should not draw any conclusions about the fund’s investment performance from the amount of the fund’s distributions or from the terms of the fund’s managed distribution plan. The Board of the fund may amend the terms of the plan or terminate the plan at any time without prior notice to the fund's shareholders. The amendment or termination of a plan could have an adverse effect on the market price of the fund’s common shares. The plan will be subject to periodic review by the Board. With each distribution that does not consist solely of net investment income, the fund will issue a notice to shareholders and an accompanying press release which will provide detailed information regarding the amount and composition of the distribution and other related information. The amounts and sources of distributions reported in the notice to shareholders are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the fund’s investment experience during its full fiscal year and may be subject to changes based on tax regulations. The fund will send shareholders a Form 1099-DIV for the calendar year that will tell them how to report these distributions for federal income tax purposes. The fund may at times distribute more than its net investment income and net realized capital gains; therefore, a portion of the distribution may result in a return of capital. A return of capital may occur, for example, when some or all of the money that shareholders invested in the fund is paid back to them. A return of capital does not necessarily reflect a fund’s investment performance and should not be confused with ‘yield’ or ‘income’. Any such returns of capital will decrease the fund's total assets and, therefore, could have the effect of increasing the fund's expense ratio. In addition, in order to make the level of distributions called for under its plan, the fund may have to sell portfolio securities at a less than opportune time. For estimated source information for distributions paid in prior periods, please see MFS.com and click on the following links: Products & Strategies, Closed-End Funds, Dividend Source Information. *Distribution from "Other Sources" may contain sources of income other than ordinary income, such as short term capital gains, long term capital gains, or return of capital, which can not be determined until the close of the fund's fiscal year end. Distributions that are treated for federal income tax purposes as a return of capital will reduce a shareholder's tax basis in his or her shares and, to the extent the distribution exceeds a shareholder's adjusted tax basis, will be treated as a gain to the shareholder from a sale of shares. Please see the fund's most recent dividend source information available from payable date at MFS.com for the breakdown of the distribution. Investors who want to make changes to their accounts should contact their financial advisor, brokerage firm, or other nominee with whom the shares are registered. If shares are registered with the funds’ transfer agent, Computershare, the transfer agent may be contacted directly at 800-637-2304, or www.computershare.com. About MFS Investment Management In 1924, MFS launched the first US open-end mutual fund, opening the door to the markets for millions of everyday investors. Today, as a full-service global investment manager serving financial advisors, intermediaries and institutional clients, MFS still serves a single purpose: to create long-term value for clients by allocating capital responsibly. That takes our powerful investment approach combining collective expertise, thoughtful risk management and long-term discipline. Supported by our culture of shared values and collaboration, our teams of diverse thinkers actively debate ideas and assess material risks to uncover what we believe are the best investment opportunities in the market. As of March 31, 2023, MFS manages US$570.3 billion in assets on behalf of individual and institutional investors worldwide. Please visit mfs.com for more information. The funds are closed-end investment products. Common shares of the funds are only available for purchase/sale on the NYSE at the current market price. Shares may trade at a discount to NAV. MFS Investment Management 111 Huntington Ave, Boston, MA 02199 15812.174

    https://images.financialmodelingprep.com/news/mfs-announces-closedend-fund-distributions-20230403.png
    MFS Announces Closed-End Fund Distributions

    businesswire.com

    2023-04-03 16:15:00

    BOSTON--(BUSINESS WIRE)--MFS Investment Management® (MFS®) announced today monthly distributions of the following closed-end funds, all with declaration dates of April 3, 2023, ex-dividend dates of April 18, 2023, record dates of April 19, 2023, and payable dates of April 28, 2023: Fund (ticker) Income/ Share Other Sources/ Share* Total Amount/ Share MFS® Charter Income Trust (NYSE: MCR)^ $0.0000 $0.045340 $0.045340 MFS® Government Markets Income Trust (NYSE: MGF)^ $0.0000 $0.021180 $0.021180 MFS® High Income Municipal Trust (NYSE: CXE) $0.0130 $0.0000 $0.0130 MFS® High Yield Municipal Trust (NYSE: CMU) $0.0110 $0.0000 $0.0110 MFS® Intermediate High Income Fund (NYSE: CIF)^ $0.0000 $0.014320 $0.014320 MFS® Intermediate Income Trust (NYSE: MIN)^ $0.0000 $0.021250 $0.021250 MFS® Investment Grade Municipal Trust (NYSE: CXH) $0.0230 $0.0000 $0.0230 MFS® Multimarket Income Trust (NYSE: MMT)^ $0.0000 $0.032890 $0.032890 MFS® Municipal Income Trust (NYSE: MFM) $0.01750 $0.0000 $0.01750 MFS® Special Value Trust (NYSE: MFV)^ $0.0000 $0.036530 $0.036530 ^The fund has adopted a managed distribution plan. Under a managed distribution plan, to the extent that sufficient investment income is not available on a monthly basis, the fund will distribute long-term capital gains and/or return of capital in order to maintain its managed distribution level. You should not draw any conclusions about the fund’s investment performance from the amount of the fund’s distributions or from the terms of the fund’s managed distribution plan. The Board of the fund may amend the terms of the plan or terminate the plan at any time without prior notice to the fund's shareholders. The amendment or termination of a plan could have an adverse effect on the market price of the fund’s common shares. The plan will be subject to periodic review by the Board. With each distribution that does not consist solely of net investment income, the fund will issue a notice to shareholders and an accompanying press release which will provide detailed information regarding the amount and composition of the distribution and other related information. The amounts and sources of distributions reported in the notice to shareholders are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the fund’s investment experience during its full fiscal year and may be subject to changes based on tax regulations. The fund will send shareholders a Form 1099-DIV for the calendar year that will tell them how to report these distributions for federal income tax purposes. The fund may at times distribute more than its net investment income and net realized capital gains; therefore, a portion of the distribution may result in a return of capital. A return of capital may occur, for example, when some or all of the money that shareholders invested in the fund is paid back to them. A return of capital does not necessarily reflect a fund’s investment performance and should not be confused with ‘yield’ or ‘income’. Any such returns of capital will decrease the fund's total assets and, therefore, could have the effect of increasing the fund's expense ratio. In addition, in order to make the level of distributions called for under its plan, the fund may have to sell portfolio securities at a less than opportune time. For estimated source information for distributions paid in prior periods, please see MFS.com and click on the following links: Products & Strategies, Closed-End Funds, Dividend Source Information. *Distribution from "Other Sources" may contain sources of income other than ordinary income, such as short term capital gains, long term capital gains, or return of capital, which can not be determined until the close of the fund's fiscal year end. Distributions that are treated for federal income tax purposes as a return of capital will reduce a shareholder's tax basis in his or her shares and, to the extent the distribution exceeds a shareholder's adjusted tax basis, will be treated as a gain to the shareholder from a sale of shares. Please see the fund's most recent dividend source information available from payable date at MFS.com for the breakdown of the distribution. Investors who want to make changes to their accounts should contact their financial advisor, brokerage firm, or other nominee with whom the shares are registered. If shares are registered with the funds’ transfer agent, Computershare, the transfer agent may be contacted directly at 800-637-2304, or www.computershare.com. About MFS Investment Management In 1924, MFS launched the first US open-end mutual fund, opening the door to the markets for millions of everyday investors. Today, as a full-service global investment manager serving financial advisors, intermediaries and institutional clients, MFS still serves a single purpose: to create long-term value for clients by allocating capital responsibly. That takes our powerful investment approach combining collective expertise, thoughtful risk management and long-term discipline. Supported by our culture of shared values and collaboration, our teams of diverse thinkers actively debate ideas and assess material risks to uncover what we believe are the best investment opportunities in the market. As of February 28, 2023, MFS manages US$560.4 billion in assets on behalf of individual and institutional investors worldwide. Please visit mfs.com for more information. The funds are closed-end investment products. Common shares of the funds are only available for purchase/sale on the NYSE at the current market price. Shares may trade at a discount to NAV. MFS Investment Management 111 Huntington Ave, Boston, MA 02199 15812.174

    https://images.financialmodelingprep.com/news/mfs-announces-portfolio-management-team-update-for-three-closed-end-20230329.png
    MFS Announces Portfolio Management Team Update for Three Closed End Funds

    businesswire.com

    2023-03-29 09:10:00

    BOSTON--(BUSINESS WIRE)--MFS® is announcing a portfolio management team update for three closed end funds: MFS® High Income Municipal Trust (NYSE: CXE), MFS® High Yield Municipal Trust (NYSE: CMU), and MFS® Municipal Income Trust (NYSE: MFM) (collectively, the “funds”), effective today. The portfolio management team of the funds will continue to be portfolio managers Michael Dawson, Jason Kosty and Geoffrey Schechter. Current portfolio manager Gary Lasman passed away from an illness on March 28, 2023. MFS had previously disclosed on January 25, 2022, that Mr. Lasman had planned to retire from MFS, effective April 30, 2023. The investment objective and investment strategy of each fund will not change as a result of Mr. Lasman’s passing. MFS mourns the loss of Mr. Lasman and expresses its sincere appreciation for his contributions to the firm, its clients and shareholders since joining the firm in 2002. About MFS Investment Management® In 1924, MFS launched the first US open-end mutual fund, opening the door to the markets for millions of everyday investors. Today, as a full-service global investment manager serving financial advisors, intermediaries and institutional clients, MFS still serves a single purpose: to create long-term value for clients by allocating capital responsibly. That takes our powerful investment approach combining collective expertise, thoughtful risk management and long-term discipline. Supported by our culture of shared values and collaboration, our teams of diverse thinkers actively debate ideas and assess material risks to uncover what we believe are the best investment opportunities in the market. As of February 28, 2023, MFS manages US$560.4 billion in assets on behalf of individual and institutional investors worldwide. Please visit mfs.com for more information.

    https://images.financialmodelingprep.com/news/mfs-announces-closedend-fund-distributions-20230301.png
    MFS Announces Closed-End Fund Distributions

    businesswire.com

    2023-03-01 16:15:00

    BOSTON--(BUSINESS WIRE)--MFS Investment Management® (MFS®) announced today monthly distributions of the following closed-end funds, all with declaration dates of March 1, 2023, ex-dividend dates of March 14, 2023, record dates of March 15, 2023, and payable dates of March 31, 2023: Fund (ticker) Income/ Share Other Sources/ Share* Total Amount/ Share MFS® Charter Income Trust (NYSE: MCR)^ $0.0000 $0.0460 $0.0460 MFS® Government Markets Income Trust (NYSE: MGF)^ $0.0000 $0.021240 $0.021240 MFS® High Income Municipal Trust (NYSE: CXE) $0.0140 $0.0000 $0.0140 MFS® High Yield Municipal Trust (NYSE: CMU) $0.0120 $0.0000 $0.0120 MFS® Intermediate High Income Fund (NYSE: CIF)^ $0.0000 $0.01460 $0.01460 MFS® Intermediate Income Trust (NYSE: MIN)^ $0.0000 $0.021350 $0.021350 MFS® Investment Grade Municipal Trust (NYSE: CXH) $0.0250 $0.0000 $0.0250 MFS® Multimarket Income Trust (NYSE: MMT)^ $0.0000 $0.033490 $0.033490 MFS® Municipal Income Trust (NYSE: MFM) $0.01850 $0.0000 $0.01850 MFS® Special Value Trust (NYSE: MFV)^ $0.0000 $0.037790 $0.037790 ^The fund has adopted a managed distribution plan. Under a managed distribution plan, to the extent that sufficient investment income is not available on a monthly basis, the fund will distribute long-term capital gains and/or return of capital in order to maintain its managed distribution level. You should not draw any conclusions about the fund’s investment performance from the amount of the fund’s distributions or from the terms of the fund’s managed distribution plan. The Board of the fund may amend the terms of the plan or terminate the plan at any time without prior notice to the fund's shareholders. The amendment or termination of a plan could have an adverse effect on the market price of the fund’s common shares. The plan will be subject to periodic review by the Board. With each distribution that does not consist solely of net investment income, the fund will issue a notice to shareholders and an accompanying press release which will provide detailed information regarding the amount and composition of the distribution and other related information. The amounts and sources of distributions reported in the notice to shareholders are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the fund’s investment experience during its full fiscal year and may be subject to changes based on tax regulations. The fund will send shareholders a Form 1099-DIV for the calendar year that will tell them how to report these distributions for federal income tax purposes. The fund may at times distribute more than its net investment income and net realized capital gains; therefore, a portion of the distribution may result in a return of capital. A return of capital may occur, for example, when some or all of the money that shareholders invested in the fund is paid back to them. A return of capital does not necessarily reflect a fund’s investment performance and should not be confused with ‘yield’ or ‘income’. Any such returns of capital will decrease the fund's total assets and, therefore, could have the effect of increasing the fund's expense ratio. In addition, in order to make the level of distributions called for under its plan, the fund may have to sell portfolio securities at a less than opportune time. For estimated source information for distributions paid in prior periods, please see MFS.com and click on the following links: Products & Strategies, Closed-End Funds, Dividend Source Information. *Distribution from "Other Sources" may contain sources of income other than ordinary income, such as short term capital gains, long term capital gains, or return of capital, which can not be determined until the close of the fund's fiscal year end. Distributions that are treated for federal income tax purposes as a return of capital will reduce a shareholder's tax basis in his or her shares and, to the extent the distribution exceeds a shareholder's adjusted tax basis, will be treated as a gain to the shareholder from a sale of shares. Please see the fund's most recent dividend source information available from payable date at MFS.com for the breakdown of the distribution. Investors who want to make changes to their accounts should contact their financial advisor, brokerage firm, or other nominee with whom the shares are registered. If shares are registered with the funds’ transfer agent, Computershare, the transfer agent may be contacted directly at 800-637-2304, or www.computershare.com. About MFS Investment Management In 1924, MFS launched the first US open-end mutual fund, opening the door to the markets for millions of everyday investors. Today, as a full-service global investment manager serving financial advisors, intermediaries and institutional clients, MFS still serves a single purpose: to create long-term value for clients by allocating capital responsibly. That takes our powerful investment approach combining collective expertise, thoughtful risk management and long-term discipline. Supported by our culture of shared values and collaboration, our teams of diverse thinkers actively debate ideas and assess material risks to uncover what we believe are the best investment opportunities in the market. As of January 31, 2023, MFS manages US$579.6 billion in assets on behalf of individual and institutional investors worldwide. Please visit mfs.com for more information. The funds are closed-end investment products. Common shares of the funds are only available for purchase/sale on the NYSE at the current market price. Shares may trade at a discount to NAV. MFS Investment Management 111 Huntington Ave, Boston, MA 02199 15812.174

    https://images.financialmodelingprep.com/news/mfs-announces-closedend-fund-distributions-20230201.png
    MFS Announces Closed-End Fund Distributions

    businesswire.com

    2023-02-01 16:15:00

    BOSTON--(BUSINESS WIRE)--MFS Investment Management® (MFS®) announced today monthly distributions of the following closed-end funds, all with declaration dates of February 1, 2023, ex-dividend dates of February 14, 2023, record dates of February 15, 2023, and payable dates of February 28, 2023: Fund (ticker) Income/ Share Other Sources/ Share* Total Amount/ Share MFS® Charter Income Trust (NYSE: MCR)^ $0.0000 $0.046330 $0.046330 MFS® Government Markets Income Trust (NYSE: MGF)^ $0.0000 $0.021550 $0.021550 MFS® High Income Municipal Trust (NYSE: CXE) $0.0150 $0.0000 $0.0150 MFS® High Yield Municipal Trust (NYSE: CMU) $0.01250 $0.0000 $0.01250 MFS® Intermediate High Income Fund (NYSE: CIF)^ $0.0000 $0.014790 $0.014790 MFS® Intermediate Income Trust (NYSE: MIN)^ $0.0000 $0.021560 $0.021560 MFS® Investment Grade Municipal Trust (NYSE: CXH) $0.0260 $0.0000 $0.0260 MFS® Multimarket Income Trust (NYSE: MMT)^ $0.0000 $0.033660 $0.033660 MFS® Municipal Income Trust (NYSE: MFM) $0.0190 $0.0000 $0.0190 MFS® Special Value Trust (NYSE: MFV)^ $0.0000 $0.038250 $0.038250 ^The fund has adopted a managed distribution plan. Under a managed distribution plan, to the extent that sufficient investment income is not available on a monthly basis, the fund will distribute long-term capital gains and/or return of capital in order to maintain its managed distribution level. You should not draw any conclusions about the fund’s investment performance from the amount of the fund’s distributions or from the terms of the fund’s managed distribution plan. The Board of the fund may amend the terms of the plan or terminate the plan at any time without prior notice to the fund's shareholders. The amendment or termination of a plan could have an adverse effect on the market price of the fund’s common shares. The plan will be subject to periodic review by the Board. With each distribution that does not consist solely of net investment income, the fund will issue a notice to shareholders and an accompanying press release which will provide detailed information regarding the amount and composition of the distribution and other related information. The amounts and sources of distributions reported in the notice to shareholders are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the fund’s investment experience during its full fiscal year and may be subject to changes based on tax regulations. The fund will send shareholders a Form 1099-DIV for the calendar year that will tell them how to report these distributions for federal income tax purposes. The fund may at times distribute more than its net investment income and net realized capital gains; therefore, a portion of the distribution may result in a return of capital. A return of capital may occur, for example, when some or all of the money that shareholders invested in the fund is paid back to them. A return of capital does not necessarily reflect a fund’s investment performance and should not be confused with ‘yield’ or ‘income’. Any such returns of capital will decrease the fund's total assets and, therefore, could have the effect of increasing the fund's expense ratio. In addition, in order to make the level of distributions called for under its plan, the fund may have to sell portfolio securities at a less than opportune time. For estimated source information for distributions paid in prior periods, please see MFS.com and click on the following links: Products & Strategies, Closed-End Funds, Dividend Source Information. *Distribution from "Other Sources" may contain sources of income other than ordinary income, such as short term capital gains, long term capital gains, or return of capital, which can not be determined until the close of the fund's fiscal year end. Distributions that are treated for federal income tax purposes as a return of capital will reduce a shareholder's tax basis in his or her shares and, to the extent the distribution exceeds a shareholder's adjusted tax basis, will be treated as a gain to the shareholder from a sale of shares. Please see the fund's most recent dividend source information available from payable date at MFS.com for the breakdown of the distribution. Investors who want to make changes to their accounts should contact their financial advisor, brokerage firm, or other nominee with whom the shares are registered. If shares are registered with the funds’ transfer agent, Computershare, the transfer agent may be contacted directly at 800-637-2304, or www.computershare.com. About MFS Investment Management In 1924, MFS launched the first US open-end mutual fund, opening the door to the markets for millions of everyday investors. Today, as a full-service global investment manager serving financial advisors, intermediaries and institutional clients, MFS still serves a single purpose: to create long-term value for clients by allocating capital responsibly. That takes our powerful investment approach combining collective expertise, thoughtful risk management and long-term discipline. Supported by our culture of shared values and collaboration, our teams of diverse thinkers actively debate ideas and assess material risks to uncover what we believe are the best investment opportunities in the market. As of December 31, 2022, MFS manages US$547.9 billion in assets on behalf of individual and institutional investors worldwide. Please visit mfs.com for more information. The funds are closed-end investment products. Common shares of the funds are only available for purchase/sale on the NYSE at the current market price. Shares may trade at a discount to NAV. MFS Investment Management 111 Huntington Ave, Boston, MA 02199 15812.173

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    MFS Announces Closed-End Fund Distributions

    businesswire.com

    2023-01-03 16:15:00

    BOSTON--(BUSINESS WIRE)--MFS Investment Management® (MFS®) announced today monthly distributions of the following closed-end funds, all with declaration dates of January 3, 2023, ex-dividend dates of January 17, 2023, record dates of January 18, 2023, and payable dates of January 31, 2023: Fund (ticker) Income/ Share Other Sources/ Share* Total Amount/ Share MFS® Charter Income Trust (NYSE: MCR)^ $0.0000 $0.045730 $0.045730 MFS® Government Markets Income Trust (NYSE: MGF)^ $0.0000 $0.021430 $0.021430 MFS® High Income Municipal Trust (NYSE: CXE) $0.0130 $0.0000 $0.0130 MFS® High Yield Municipal Trust (NYSE: CMU) $0.01120 $0.0000 $0.01120 MFS® Intermediate High Income Fund (NYSE: CIF)^ $0.0000 $0.014520 $0.014520 MFS® Intermediate Income Trust (NYSE: MIN)^ $0.0000 $0.021480 $0.021480 MFS® Investment Grade Municipal Trust (NYSE: CXH) $0.02250 $0.0000 $0.02250 MFS® Multimarket Income Trust (NYSE: MMT)^ $0.0000 $0.033140 $0.033140 MFS® Municipal Income Trust (NYSE: MFM) $0.01750 $0.0000 $0.01750 MFS® Special Value Trust (NYSE: MFV)^ $0.0000 $0.037880 $0.037880 ^The fund has adopted a managed distribution plan. Under a managed distribution plan, to the extent that sufficient investment income is not available on a monthly basis, the fund will distribute long-term capital gains and/or return of capital in order to maintain its managed distribution level. You should not draw any conclusions about the fund’s investment performance from the amount of the fund’s distributions or from the terms of the fund’s managed distribution plan. The Board of the fund may amend the terms of the plan or terminate the plan at any time without prior notice to the fund's shareholders. The amendment or termination of a plan could have an adverse effect on the market price of the fund’s common shares. The plan will be subject to periodic review by the Board. With each distribution that does not consist solely of net investment income, the fund will issue a notice to shareholders and an accompanying press release which will provide detailed information regarding the amount and composition of the distribution and other related information. The amounts and sources of distributions reported in the notice to shareholders are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the fund’s investment experience during its full fiscal year and may be subject to changes based on tax regulations. The fund will send shareholders a Form 1099-DIV for the calendar year that will tell them how to report these distributions for federal income tax purposes. The fund may at times distribute more than its net investment income and net realized capital gains; therefore, a portion of the distribution may result in a return of capital. A return of capital may occur, for example, when some or all of the money that shareholders invested in the fund is paid back to them. A return of capital does not necessarily reflect a fund’s investment performance and should not be confused with ‘yield’ or ‘income’. Any such returns of capital will decrease the fund's total assets and, therefore, could have the effect of increasing the fund's expense ratio. In addition, in order to make the level of distributions called for under its plan, the fund may have to sell portfolio securities at a less than opportune time. For estimated source information for distributions paid in prior periods, please see MFS.com and click on the following links: Products & Strategies, Closed-End Funds, Dividend Source Information. *Distribution from "Other Sources" may contain sources of income other than ordinary income, such as short term capital gains, long term capital gains, or return of capital, which can not be determined until the close of the fund's fiscal year end. Distributions that are treated for federal income tax purposes as a return of capital will reduce a shareholder's tax basis in his or her shares and, to the extent the distribution exceeds a shareholder's adjusted tax basis, will be treated as a gain to the shareholder from a sale of shares. Please see the fund's most recent dividend source information available from payable date at MFS.com for the breakdown of the distribution. Investors who want to make changes to their accounts should contact their financial advisor, brokerage firm, or other nominee with whom the shares are registered. If shares are registered with the funds’ transfer agent, Computershare, the transfer agent may be contacted directly at 800-637-2304, or www.computershare.com. About MFS Investment Management In 1924, MFS launched the first US open-end mutual fund, opening the door to the markets for millions of everyday investors. Today, as a full-service global investment manager serving financial advisors, intermediaries and institutional clients, MFS still serves a single purpose: to create long-term value for clients by allocating capital responsibly. That takes our powerful investment approach combining collective expertise, thoughtful risk management and long-term discipline. Supported by our culture of shared values and collaboration, our teams of diverse thinkers actively debate ideas and assess material risks to uncover what we believe are the best investment opportunities in the market. As of November 30, 2022, MFS manages US$568.6 billion in assets on behalf of individual and institutional investors worldwide. Please visit mfs.com for more information. The funds are closed-end investment products. Common shares of the funds are only available for purchase/sale on the NYSE at the current market price. Shares may trade at a discount to NAV. MFS Investment Management 111 Huntington Ave, Boston, MA 02199 15812.172