Equities

MFS® Investment Grade Municipal Trust

CXH:NYQ

MFS® Investment Grade Municipal Trust

Actions
FinancialsClosed End Investments
  • Price (USD)8.10
  • Today's Change-0.065 / -0.79%
  • Shares traded24.01k
  • 1 Year change+13.86%
  • Beta0.5902
Data delayed at least 15 minutes, as of Nov 22 2024 21:10 GMT.
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About the company

MFS Investment Grade Municipal Trust (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to seek high current income exempt from federal income tax, but may also consider capital appreciation. The Fund invests, under normal market conditions, at least 80% of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in tax-exempt bonds and tax-exempt notes. The Fund may also invest in below-investment grade quality debt instruments. It invests in various sectors, such as healthcare, general obligations, universities, water and sewer utilities, toll roads, student loan, airports, and state and local appropriations. The fund offers a Dividend Reinvestment and Cash Purchase Plan that allows common shareholders to reinvest either all the distributions paid by the fund or only the long-term capital gains. The Fund's investment adviser is Massachusetts Financial Services Company.

  • Revenue in USD (TTM)--
  • Net income in USD--
  • Incorporated1989
  • Employees--
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Insight Acquisition Corp0.00-3.59m62.94m-----------0.4228-0.42280.00-1.080.00-------39.53---90.99-------------5.91---------105.47------
Horizon Space Acquisition II Corp0.00-11.11k64.04m----8,197.19-----0.0014-0.00140.000.0012----------------------------0.00--------------
Futuretech II Acquisition Corp0.001.35m64.07m--89.603.0047.35--0.12270.12270.003.670.00------1.78--1.86--------------0.00------315.92------
Southport Acquisition Corp0.00-1.84m64.63m----9.81-----0.2718-0.27180.001.140.00-------6.13---7.16--------------0.00-------84.95------
MFS Investment Grade Municipal Trust-100.00bn-100.00bn66.91m--------------------------------------------------------------
Jun An Kang Group Inc4.47m-3.25m67.03m0.00------14.99-1,128.15-1,128.1524.83-3.451.25--8.10---91.08---654.07--49.14---72.75-----1.822.94--39.82---15.35------
Logan Ridge Finance Corp19.94m-3.28m67.70m----0.7858--3.40-1.34-1.347.1132.310.1039--6.45---1.71-5.11-1.75-5.4040.0728.69-16.43-65.00--0.52560.5278--35.17-15.6679.36-----30.68
Voya Asia Pacific High Divid Eqt Incm Fd-100.00bn-100.00bn68.16m--------------------------------------------------------------
Oak Woods Acquisition Corp0.00541.07k68.59m--157.411.63126.77--0.07220.07220.006.970.00------0.8688--1.04--------------0.0367------2,073.00------
Globalink Investment Inc0.00-613.79k68.73m2.00--3.44-----0.1052-0.10520.003.320.00-------1.51---1.69--------------0.1576------488.80------
Northview Acquisition Corp0.00-1.35m68.87m0.00--19.98-----0.2337-0.23370.000.5860.00-------13.85---21.83--------------0.3052-------83.79------
Healthcare AI Acquisition Corp0.00811.57k69.10m--85.1313.4985.14--0.13570.13570.000.85630.00------6.38--6.62--------------0.0405-------66.17------
Altenergy Acquisition Corp0.00-2.07m70.85m------1,399.10---0.2971-0.29710.00-1.060.00-------15.55---26.39-----------------------80.76------
Data as of Nov 22 2024. Currency figures normalised to MFS® Investment Grade Municipal Trust's reporting currency: US Dollar USD

Institutional shareholders

28.23%Per cent of shares held by top holders
HolderShares% Held
Almitas Capital LLCas of 30 Sep 2024477.45k5.82%
Bulldog Investors LLPas of 30 Sep 2024449.01k5.48%
Sit Investment Associates, Inc.as of 30 Sep 2024372.76k4.55%
RiverNorth Capital Management LLCas of 30 Sep 2024342.15k4.17%
ICON Advisers, Inc.as of 30 Sep 2024236.52k2.89%
Hennion & Walsh Asset Management, Inc.as of 30 Sep 2024109.12k1.33%
Morgan Stanley Smith Barney LLC (Investment Management)as of 30 Sep 202491.30k1.11%
Deschutes Portfolio Strategy LLCas of 30 Sep 202486.93k1.06%
Melfa Wealth Management , Inc.as of 30 Sep 202478.36k0.96%
Thomas J. Herzfeld Advisors, Inc.as of 30 Sep 202471.12k0.87%
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Data from 30 Sep 2024 - 30 Sep 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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