MFS Municipal Income Trust (MFM)
Company Info
| ISIN | US5527381066 |
|---|---|
| CUSIP | 552738106 |
| Sector | Financial Services |
| Industry | Asset Management |
| IPO Date | Nov 5, 1987 |
Highlights
| Market Cap | $228.18M |
|---|---|
| EPS (TTM) | $0.17 |
| PE Ratio | 32.59 |
| Total Revenue (TTM) | $8.53M |
| Gross Profit (TTM) | $7.32M |
| EBITDA (TTM) | $24.16M |
| Year Range | $4.60 - $5.74 |
| Short Ratio | 0.31 |
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: MFM vs. VKQ, MFM vs. SPY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in MFS Municipal Income 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 Municipal Income Trust had a return of 11.86% year-to-date (YTD) and 25.02% in the last 12 months. Over the past 10 years, MFS Municipal Income Trust had an annualized return of 3.36%, while the S&P 500 had an annualized return of 11.39%, indicating that MFS Municipal Income Trust did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 11.86% | 25.45% |
| 1 month | -2.05% | 2.91% |
| 6 months | 8.25% | 14.05% |
| 1 year | 25.02% | 35.64% |
| 5 years (annualized) | -0.36% | 14.13% |
| 10 years (annualized) | 3.36% | 11.39% |
Monthly Returns
The table below presents the monthly returns of MFM, 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 | 1.72% | 0.95% | 2.30% | -4.92% | 2.28% | 5.82% | -0.33% | 3.36% | 2.90% | -1.72% | 11.86% | ||
| 2023 | 3.64% | -5.46% | 6.35% | -1.91% | -1.77% | 0.16% | 5.45% | -7.32% | -7.74% | -2.26% | 14.89% | 2.33% | 4.20% |
| 2022 | -7.53% | 2.70% | -6.93% | -9.13% | 5.83% | -6.49% | 6.65% | -4.68% | -11.51% | -1.04% | 9.44% | -0.03% | -22.57% |
| 2021 | 0.10% | 0.08% | 3.10% | 1.56% | 5.46% | -1.15% | 2.46% | -0.62% | -2.84% | -0.94% | 1.64% | 0.52% | 9.48% |
| 2020 | 2.65% | -3.11% | -8.04% | -8.13% | 6.43% | 1.08% | 6.69% | -2.33% | 0.10% | -1.46% | 5.49% | 1.15% | -0.85% |
| 2019 | 8.14% | 3.93% | 1.60% | -1.61% | 2.33% | 1.40% | 1.97% | 0.52% | -0.46% | -0.11% | 1.31% | 0.39% | 20.84% |
| 2018 | -2.46% | -0.74% | -0.59% | 0.32% | 2.79% | -0.59% | 3.04% | 0.44% | -3.55% | -6.34% | 5.79% | -3.15% | -5.50% |
| 2017 | 6.06% | -0.55% | 0.76% | 1.46% | 2.89% | -0.66% | 2.86% | -0.92% | 0.74% | -2.88% | -0.83% | 0.47% | 9.49% |
| 2016 | 1.21% | 3.39% | 1.89% | 2.12% | -0.37% | 5.56% | -0.90% | -1.45% | 2.47% | -7.73% | -2.16% | -0.59% | 2.86% |
| 2015 | 4.34% | -2.07% | 0.94% | -0.10% | -3.24% | 0.04% | 0.04% | -1.68% | 2.61% | 2.71% | 4.19% | 0.94% | 8.75% |
| 2014 | 2.00% | 0.87% | 2.75% | 2.37% | 2.32% | -1.59% | -1.78% | 0.51% | 2.08% | 0.20% | -0.26% | 2.98% | 13.02% |
| 2013 | 3.37% | -1.28% | 0.71% | 0.23% | -6.82% | -3.82% | -6.80% | -3.05% | 5.73% | -1.44% | -3.10% | 3.93% | -12.45% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of MFM is 85, placing it in the top 15% 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 Municipal Income Trust (MFM) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
MFS Municipal Income Trust provided a 4.85% dividend yield over the last twelve months, with an annual payout of $0.27 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.27 | $0.22 | $0.26 | $0.31 | $0.32 | $0.33 | $0.37 | $0.39 | $0.38 | $0.39 | $0.40 | $0.44 |
Dividend yield | 4.85% | 4.20% | 4.92% | 4.37% | 4.72% | 4.71% | 5.98% | 5.65% | 5.75% | 5.78% | 6.04% | 7.07% |
Monthly Dividends
The table displays the monthly dividend distributions for MFS Municipal Income 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 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 | |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.22 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.26 |
| 2021 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.31 |
| 2020 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.32 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.33 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.37 |
| 2017 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.39 |
| 2016 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
| 2015 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.39 |
| 2014 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.40 |
| 2013 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.44 |
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 Municipal Income 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 Municipal Income Trust was 54.24%, occurring on Dec 16, 2008. Recovery took 327 trading sessions.
The current MFS Municipal Income Trust drawdown is 13.00%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -54.24% | Apr 3, 2007 | 432 | Dec 16, 2008 | 327 | Apr 7, 2010 | 759 |
| -34.29% | Jul 30, 2021 | 566 | Oct 27, 2023 | — | — | — |
| -29.36% | Feb 18, 2020 | 22 | Mar 18, 2020 | 286 | May 6, 2021 | 308 |
| -26.33% | Nov 13, 1998 | 276 | Dec 17, 1999 | 267 | Jan 9, 2001 | 543 |
| -24.77% | Oct 2, 2012 | 220 | Aug 19, 2013 | 593 | Dec 24, 2015 | 813 |
Volatility
Volatility Chart
The current MFS Municipal Income Trust volatility is 3.30%, 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 Municipal Income Trust compared to its peers in the Asset Management industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for MFM in comparison to other companies of the Asset Management industry. Currently, MFM has a PE value of 32.6. 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 MFM in comparison to other companies of the Asset Management industry. Currently, MFM 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 Municipal Income Trust.
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Income Statement
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