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Name

As of 04/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

MFS High Yield Municipal Trust

XCMUX | Fund

$3.73

$116 M

0.00%

1.85%

Vitals

YTD Return

-2.1%

1 yr return

0.0%

3 Yr Avg Return

-8.4%

5 Yr Avg Return

-4.7%

Net Assets

$116 M

Holdings in Top 10

N/A

52 WEEK LOW AND HIGH

$3.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.85%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 16.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Closed-end mutual fund

Name

As of 04/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

MFS High Yield Municipal Trust

XCMUX | Fund

$3.73

$116 M

0.00%

1.85%

XCMUX - Profile

Distributions

  • YTD Total Return -2.1%
  • 3 Yr Annualized Total Return -8.4%
  • 5 Yr Annualized Total Return -4.7%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.12%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    MFS High Yield Municipal Trust
  • Fund Family Name
    MFS
  • Inception Date
    Sep 26, 2001
  • Shares Outstanding
    28325314
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Gary Lasman

Fund Description

XCMUX - Performance

Return Ranking - Trailing

Period XCMUX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.1% -4.5% 3.1% 95.65%
1 Yr 0.0% -2.9% 8.7% 94.69%
3 Yr -8.4%* -10.0% 1.6% 97.03%
5 Yr -4.7%* -4.9% 524.9% 98.45%
10 Yr 0.6%* 0.0% 155.5% 96.06%

* Annualized

Return Ranking - Calendar

Period XCMUX Return Category Return Low Category Return High Rank in Category (%)
2023 3.8% -1.5% 7.5% 21.26%
2022 -24.5% -26.9% -3.5% 96.57%
2021 1.7% -1.9% 5.6% 65.67%
2020 -2.6% -10.1% 4.2% 94.97%
2019 4.9% 2.0% 9.1% 62.69%

Total Return Ranking - Trailing

Period XCMUX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.1% -4.5% 3.1% 95.65%
1 Yr 0.0% -2.9% 8.7% 94.69%
3 Yr -8.4%* -10.0% 1.6% 97.03%
5 Yr -4.7%* -4.9% 524.9% 98.45%
10 Yr 0.6%* 0.0% 155.5% 96.06%

* Annualized

Total Return Ranking - Calendar

Period XCMUX Return Category Return Low Category Return High Rank in Category (%)
2023 3.8% 0.4% 10.9% 89.37%
2022 -24.5% -26.9% -2.9% 96.57%
2021 1.7% -1.9% 10.0% 90.55%
2020 -2.6% -4.1% 8.2% 99.50%
2019 7.5% 3.5% 1028633.9% 75.13%

NAV & Total Return History

XCMUX - Holdings

Concentration Analysis

XCMUX Category Low Category High XCMUX % Rank
Net Assets 116 M 9.79 K 16.1 B 90.34%
Number of Holdings N/A 1 3076 25.00%
Net Assets in Top 10 N/A -102 M 3.44 B 91.52%
Weighting of Top 10 N/A 4.7% 100.7% 79.91%

Top 10 Holdings

  1. IDAHO HEALTH FACS AUTH REV 6.65% 1.38%
  2. COLORADO HEALTH FACS AUTH REV 4% 1.35%
  3. MASSACHUSETTS ST DEV FIN AGY REV 4% 1.27%
  4. BEVERLY HILLS CALIF UNI SCH DIST 0% 0.96%
  5. DOWNEY CALIF UNI SCH DIST 4% 0.90%
  6. GREEN BAY WIS REDEV AUTH EXEMPT FAC REDEV REV 0.15% 0.88%
  7. TENNESSEE ENERGY ACQUISITION CORP GAS REV 5.25% 0.87%
  8. PUBLIC FIN AUTH WIS ARPT FACS REV 5.25% 0.74%
  9. TUSCALOOSA CNTY ALA INDL DEV GULF OPPORTUNITY ZONE 5.25% 0.74%
  10. RAILSPLITTER TOB SETTLEMENT AUTH ILL SETTLEMENT REV 6% 0.70%

Asset Allocation

Weighting Return Low Return High XCMUX % Rank
Bonds 		99.70% 0.00% 146.69% 22.97%
Stocks 		0.00% 0.00% 99.38% 72.25%
Preferred Stocks 		0.00% -47.61% 1.89% 80.36%
Other 		0.00% -12.04% 9.96% 82.59%
Convertible Bonds 		0.00% 0.00% 0.00% 80.80%
Cash 		0.00% -0.64% 100.00% 66.52%

XCMUX - Expenses

Operational Fees

XCMUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.85% 0.21% 3.44% 8.29%
Management Fee 0.65% 0.00% 1.41% 89.95%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.02% 0.35% N/A

Sales Fees

XCMUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 4.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

XCMUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

XCMUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 16.00% 2.00% 121.00% 35.94%

XCMUX - Distributions

Dividend Yield Analysis

XCMUX Category Low Category High XCMUX % Rank
Dividend Yield 0.00% 0.00% 6.74% 96.17%

Dividend Distribution Analysis

XCMUX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

XCMUX Category Low Category High XCMUX % Rank
Net Income Ratio 4.12% 1.11% 5.70% 9.09%

Capital Gain Distribution Analysis

XCMUX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

XCMUX - Fund Manager Analysis

Managers

Gary Lasman

Start Date

Tenure

Tenure Rank

Jun 01, 2007

15.01

15.0%

Gary A. Lasman, CFA, is an Investment Officer of MFS Investment Management and Portfolio Manager of the firm's municipal bond portfolios. He joined MFS in 2002 as a municipal fixed income research analyst. Prior to that, he served an assistant portfolio manager and senior municipal analyst for Liberty Funds Group. Before that, he served as vice president in the municipal group for Thomson Financial Services; and senior account manager for The Industrial Indemnity Financial Corporation. Gary earned a Bachelor of Arts degree from the University of California and a Master of Business Administration degree from the University of Chicago. He is a member of the CFA Institute (formerly the Association for Investment Management and Research); Boston Security Analysts Society, Inc.; Boston Municipal Analysts Forum; and the National Federation of Municipal Analysts.

Geoffrey Schechter

Start Date

Tenure

Tenure Rank

Jun 01, 2007

15.01

15.0%

Geoffrey L. Schechter, CFA, CPA, is an investment officer at MFS Investment Management® (MFS®) and a portfolio manager of the firm's government securities and municipal bond portfolios. Geoff joined MFS as an investment officer in 1993 after working as a municipal credit analyst with a major insurance company. He was named portfolio manager in 1993. Geoff is a graduate of the University of Texas and has an MBA degree from Boston University. He holds the Chartered Financial Analyst (CFA) and Certified Public Accountant (CPA) designations. Our portfolio managers are supported by our entire team of investment professionals in nine worldwide offices. The team employs a proprietary investment process to build better insights for our clients. The core principles of our approach are integrated research, global collaboration and active risk management.

Jason Kosty

Start Date

Tenure

Tenure Rank

Mar 31, 2021

1.17

1.2%

Mr. Kosty, Investment Officer and Portfolio Manager of MFS Investment Management, has been employed in the investment area of MFS since 2003.

Michael Dawson

Start Date

Tenure

Tenure Rank

Mar 01, 2022

0.25

0.3%

Michael L. Dawson is an investment officer and a portfolio manager of MFS Investment Management® (MFS®). Michael joined MFS in 1998 and was named portfolio manager in 1999. Prior to joining MFS, Michael worked in institutional sales - fixed income for Fidelity Capital Markets and Goldman Sachs. Prior to that, he was a research analyst in the municipal bond group at Franklin Templeton. He is a graduate of Santa Clara University and received an MBA degree from Babson College in 1999. He is a member of the Boston Municipal Analysts Forum and the National Federation of Municipal Analysts.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 21.43 7.46 2.52

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