MFS Investment Grade Municipal Trust (CXH)
Company Info
| ISIN | US59318B1089 |
|---|---|
| CUSIP | 59318B108 |
| Sector | Financial Services |
| Industry | Asset Management |
| IPO Date | Jun 30, 1989 |
Highlights
| Market Cap | $65.76M |
|---|---|
| EPS (TTM) | $0.26 |
| PE Ratio | 30.85 |
| Total Revenue (TTM) | $4.09M |
| Gross Profit (TTM) | $3.43M |
| EBITDA (TTM) | $485.58K |
| Year Range | $6.73 - $8.26 |
| Short Ratio | 1.43 |
Share Price Chart
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Compare to other instruments
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Popular comparisons: CXH vs. ETX, CXH vs. SPY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in MFS Investment Grade Municipal Trust, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
MFS Investment Grade Municipal Trust had a return of 10.72% year-to-date (YTD) and 19.40% in the last 12 months. Over the past 10 years, MFS Investment Grade Municipal Trust had an annualized return of 3.49%, while the S&P 500 had an annualized return of 11.31%, indicating that MFS Investment Grade Municipal Trust did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 10.72% | 24.72% |
| 1 month | -0.89% | 2.30% |
| 6 months | 9.15% | 12.31% |
| 1 year | 19.40% | 32.12% |
| 5 years (annualized) | 0.72% | 13.81% |
| 10 years (annualized) | 3.49% | 11.31% |
Monthly Returns
The table below presents the monthly returns of CXH, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.49% | 0.18% | 1.95% | -3.60% | 1.99% | 6.54% | 2.37% | 0.96% | 1.69% | -1.50% | 10.72% | ||
| 2023 | 6.79% | -4.55% | 2.85% | -0.10% | -2.14% | 2.76% | 3.77% | -1.02% | -5.58% | -5.65% | 9.67% | 4.43% | 10.39% |
| 2022 | -10.37% | -1.51% | -5.19% | -7.39% | 2.04% | -5.01% | 8.84% | -7.35% | -11.01% | -2.00% | 11.45% | -2.06% | -27.89% |
| 2021 | 0.59% | -1.07% | 1.73% | 2.01% | 1.68% | 2.15% | 3.76% | -2.27% | -3.10% | -2.06% | 1.46% | 5.51% | 10.50% |
| 2020 | 3.37% | -0.84% | -7.36% | -1.20% | 1.30% | 3.98% | 4.07% | -1.98% | -1.29% | -2.59% | 5.79% | 2.79% | 5.41% |
| 2019 | 7.27% | 1.04% | -0.12% | 0.72% | 1.23% | 1.12% | 3.51% | 0.55% | 0.78% | -1.38% | 1.29% | -0.26% | 16.64% |
| 2018 | -1.37% | -2.01% | 1.27% | 0.40% | -1.30% | 0.64% | 0.10% | 0.22% | -2.08% | -2.69% | 1.72% | 0.22% | -4.88% |
| 2017 | 2.99% | 0.11% | 1.06% | 3.53% | 3.24% | -0.38% | 0.50% | 2.06% | -2.81% | -1.92% | -0.33% | 0.60% | 8.77% |
| 2016 | 1.03% | -0.38% | 2.96% | 2.26% | 0.04% | 2.92% | -0.19% | 0.38% | -0.85% | -3.85% | -5.44% | 0.42% | -1.04% |
| 2015 | 5.16% | -3.95% | 1.09% | 0.13% | -1.65% | 1.44% | 4.34% | -0.70% | 2.55% | 1.27% | -0.88% | 2.93% | 11.96% |
| 2014 | 3.35% | 0.95% | 0.95% | 3.32% | 3.77% | -1.75% | -0.87% | 1.74% | -0.94% | 1.57% | 0.79% | 1.54% | 15.23% |
| 2013 | 2.25% | -2.02% | -1.48% | -0.43% | -5.81% | -0.78% | -5.94% | -2.91% | 3.51% | -0.38% | -3.19% | 4.37% | -12.60% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of CXH is 89, placing it in the top 11% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for MFS Investment Grade Municipal Trust (CXH) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
MFS Investment Grade Municipal Trust provided a 3.81% dividend yield over the last twelve months, with an annual payout of $0.31 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.31 | $0.28 | $0.34 | $0.49 | $0.47 | $0.46 | $0.46 | $0.48 | $0.49 | $0.51 | $0.53 | $0.55 |
Dividend yield | 3.81% | 3.63% | 4.76% | 4.77% | 4.79% | 4.67% | 5.28% | 4.92% | 5.24% | 5.15% | 5.62% | 6.39% |
Monthly Dividends
The table displays the monthly dividend distributions for MFS Investment Grade Municipal Trust. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.29 | |
| 2023 | $0.02 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.28 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.34 |
| 2021 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.10 | $0.49 |
| 2020 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.07 | $0.47 |
| 2019 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.06 | $0.46 |
| 2018 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.46 |
| 2017 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.48 |
| 2016 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.49 |
| 2015 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.51 |
| 2014 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.53 |
| 2013 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.55 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the MFS Investment Grade 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 Investment Grade Municipal Trust was 49.10%, occurring on Dec 16, 2008. Recovery took 301 trading sessions.
The current MFS Investment Grade Municipal Trust drawdown is 12.59%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -49.1% | Mar 14, 2007 | 446 | Dec 16, 2008 | 301 | Mar 1, 2010 | 747 |
| -34.68% | Aug 5, 2021 | 311 | Oct 27, 2022 | — | — | — |
| -28.16% | Mar 9, 2020 | 8 | Mar 18, 2020 | 218 | Jan 28, 2021 | 226 |
| -25.09% | Sep 9, 1993 | 303 | Nov 17, 1994 | 478 | Oct 9, 1996 | 781 |
| -24.38% | Nov 27, 1998 | 230 | Oct 26, 1999 | 435 | Jul 24, 2001 | 665 |
Volatility
Volatility Chart
The current MFS Investment Grade Municipal Trust volatility is 2.65%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Valuation
The Valuation section provides an assessment of the market value of MFS Investment Grade Municipal Trust compared to its peers in the Asset Management industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for CXH in comparison to other companies of the Asset Management industry. Currently, CXH has a PE value of 30.8. This PE ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.PEG Ratio
The chart displays the price to earnings to growth (PEG) ratio for CXH in comparison to other companies of the Asset Management industry. Currently, CXH has a PEG value of 0.0. This PEG ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for MFS Investment Grade Municipal Trust.
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Income Statement
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