CXH Research | Milton Maxwell

CXH

MFS Investment Grade Municipal Trust

7.88

-0.01-0.14%

Dec 16, 3:41:37 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

64.65M

P/E (TTM)

98.56

Basic EPS (TTM)

0.08

Dividend Yield

0.04%

Recent Filings

8-K

Trust revises income-focused objective

12/28/07Dec 28, 2007

MFS Investment Grade Municipal Trust revised its investment objective on December 21, 2007, shifting from a balanced pursuit of after-tax returns and long-term appreciation to prioritizing high current income exempt from federal taxes, while still considering capital appreciation. The changes eliminate certain investment limits and derivative restrictions, granting the portfolio manager greater flexibility within the core 80% allocation to tax-exempt, investment-grade municipal bonds and notes. Leverage via preferred shares persists. This tweak aims to boost income amid market conditions, yet risks remain tied to credit quality and interest rate shifts.

About

MFS Investment Grade Municipal 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 Investment Grade Municipal Trust was founded in May 16, 1989 and is domiciled in United States.

CEO

Ms. Robin Ann Stelmach

IPO

5/19/1989

Website

https://www.mfs.com/en-us/individual-investor/product-strategies/closed-end-funds/CXH-mfs-investment-grade-municipal-trust.html#tab-overview

Sector

Financial Services

Industry

Asset Management