MFS Investment Grade Municipal Trust

CXHStock
$7.63+0.93%52W
Market Cap$65.23M
P/E
Div yield
Beta-0.19

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Price vs S&P 500 (26W)-12.19%
Price vs S&P 500 (4W)-8.89%
VGM Score17.63
Market Capitalization$65.23M

About

MFS Investment Grade Municipal Trust is a closed-end management company that invests primarily in investment-grade tax-exempt municipal bonds and notes. The fund's primary objective is to generate high current income exempt from federal income tax while seeking potential capital appreciation. It uses leverage through preferred shares and borrowing to enhance returns for shareholders.