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MFS High Yield Municipal Trust - CMU STOCK NEWS

Welcome to our dedicated news page for MFS High Yield Municipal Trust (Ticker: CMU), a resource for investors and traders seeking the latest updates and insights on MFS High Yield Municipal Trust.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MFS High Yield Municipal Trust's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MFS High Yield Municipal Trust's position in the market.

News
MFS High Yield Municipal Trust Announces Final Results of Tender Offer
Rhea-AI Summary
MFS® High Yield Municipal Trust (CMU) Announces Acceptance of 10% of Outstanding Common Shares in Tender Offer
Rhea-AI Impact
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End-of-Day
0.67%
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MFS High Yield Municipal Trust Announces Preliminary Results of Tender Offer
Rhea-AI Summary
MFS High Yield Municipal Trust (NYSE: CMU) completed a tender offer for approximately 10% of its outstanding shares, with around 10,971,133.93 shares tendered. The estimated proration for a tendering shareholder is approximately 25.82 percent, with final numbers yet to be announced.
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End-of-Day
2.42%
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MFS High Yield Municipal Trust Commences Tender Offer
Rhea-AI Summary
MFS High Yield Municipal Trust (CMU) initiates cash tender offer for common shares
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MFS High Income Municipal Trust, MFS High Yield Municipal Trust, and MFS Investment Grade Municipal Trust Announce Optional Partial Redemption of Preferred Shares
Rhea-AI Summary
MFS High Income Municipal Trust, MFS High Yield Municipal Trust, and MFS Investment Grade Municipal Trust will complete an optional partial redemption of their Remarketable Variable Rate MuniFund Term Preferred Shares on November 3, 2023. CXE will redeem up to 50 of the 865 Series 2051 RVMTP Shares, CXH will redeem up to 50 of the 488 Series 2051 RVMTP Shares, and CMU will redeem up to 100 of the 700 Series 2051 RVMTP Shares. The redemption price is $100,000 per share plus unpaid dividends and other distributions accumulated from the original issue date to, but excluding, the Redemption Date. The redemption will reduce the amount of leverage attributable to preferred shares.
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Rhea-AI Sentiment
End-of-Day
-1.94%
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MFS High Yield Municipal Trust Announces Tender Offer
Rhea-AI Summary
MFS Investment Management authorized a cash tender offer for up to 10% of the Fund's outstanding common shares at a price per Share equal to 98% of the Fund's NAV per Share. The Fund expects to commence the Tender Offer on or before October 6, 2023. The Fund had total net assets of $105.4 million as of July 31, 2023. The Board has also agreed to propose a liquidity event at the Fund's 2025 annual meeting of shareholders if the average trading discount of the Shares is equal to or less than 7.50% for any consecutive 30 calendar day period between the expiration date of the Tender Offer and July 15, 2025.
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MFS Announces Portfolio Management Team Update for Three Closed End Funds
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MFS High Income Municipal Trust and MFS High Yield Municipal Trust Announce Optional Partial Redemption of Preferred Shares
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MFS Closed End Fund Portfolio Management Team Announcement
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0.45%
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MFS High Yield Municipal Trust

NYSE:CMU

CMU Rankings

#4424 Ranked by Market Cap
#2176 Ranked by Stock Gains
N/A Ranked by Dividends

CMU Stock Data

83.13M
38.36%
0.19%
All Other Insurance Related Activities
Finance and Insurance
Link
US
Boston

About CMU

for almost a century, investors have trusted mfs to achieve their investment goals because we stay true to our convictions, and to who we are as active managers. we take the long view. we favor the strongest idea over the strongest individual. our employees are aligned with what matters most to our clients: long-term vision, powerful risk-managed results and good decisions born from collaborative thinking. robust integrated research is in our heritage and combining it with uncompromised information sharing is how we turn good ideas into great outcomes. doing what's right for clients is not a choice we make each day, it's who we are. learn more about our social media terms of use here: (paste link into browser) www.mfs.com/literms for current career opportunities visit www.mfs.com/careers mfs investment management is an equal opportunity employer.