MFS High Yield Municipal Trust (CMU)

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MFS High Yield Municipal Trust (CMU) is up 0.5% since the beginning of the year. At $3 per share, CMU is trading 9.4% below its 52-week high of $4. Investors who bought $1,000 worth of CMU shares 5 years ago would now be looking at an investment worth $935.

MFS High Yield Municipal Trust (CMU) has returned 0.53% so far this year and 8.28% over the past 12 months. Over the last ten years, CMU has returned 1.58% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Mar 19, 1987, CMU's average daily return is +0.02%, while the average monthly return is +0.27%. At this rate, an investment would double in approximately 21.4 years.

Historically, 54% of months were positive and 46% were negative. The best month was Jan 2009 with a return of +23.4%, while the worst month was Sep 2008 at -17.1%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 8 months.

On a daily basis, CMU closed higher 40% of trading days. The best single day was Oct 13, 2008 with a return of +25.7%, while the worst single day was Oct 6, 2008 at -13.3%.

MFS High Yield Municipal Trust has an annualized alpha of 2.07%, beta of 0.21, and R2 of 0.04 versus S&P 500 Index. Calculated based on daily prices since March 19, 1987.

• This stock participated in 37.68% of S&P 500 Index downside but only 26.87% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.21 may look defensive, but with R2 of 0.04 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
• R2 of 0.04 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

CMU ranks 69 for risk / return — better than 69% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

MFS High Yield Municipal Trust provided a 7.97% dividend yield over the last twelve months, with an annual payout of $0.27 per share. The company has been increasing its dividends for 2 consecutive years.

The table displays the monthly dividend distributions for MFS High Yield Municipal Trust. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the MFS High Yield Municipal Trust. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the MFS High Yield Municipal Trust was 57.31%, occurring on Dec 16, 2008. Recovery took 450 trading sessions.

The current MFS High Yield Municipal Trust drawdown is 10.71%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of MFS High Yield Municipal Trust over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how MFS High Yield Municipal Trust is priced in the market compared to other companies in the Asset Management industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.