Welcome to our dedicated page for MFS High Yield Municipal Trust news (Ticker: CMU), a resource for investors and traders seeking the latest updates and insights on MFS High Yield Municipal Trust stock.
MFS High Yield Municipal Trust (NYSE: CMU) provides investors with federally tax-exempt income through strategic investments in municipal bonds. This dedicated news hub offers institutional-grade insights into the closed-end fund's operations, managed by MFS Investment Management's century-tested approach.
Access timely updates on portfolio allocations, dividend declarations, and credit rating changes. Our curated feed includes earnings announcements, regulatory filings, and strategic initiatives affecting tax-exempt bond positions. Investors gain a comprehensive view of CMU's risk-managed strategies and collaborative research processes.
Key updates cover bond portfolio rebalancing, distribution changes, and market commentary from MFS analysts. Bookmark this page for direct access to primary source materials, including SEC filings and shareholder communications. Monitor CMU's evolving position in the municipal debt market through verified, unfiltered data.
MFS High Yield Municipal Trust (NYSE: CMU) has announced an amendment to an existing agreement with a major shareholder regarding a potential liquidity event. The Board has extended the deadline for meeting the 7.50% trading discount threshold from July 15, 2025, to December 31, 2025.
The Fund, managed by MFS Investment Management, will need to maintain an average trading discount of shares at or below 7.50% for a consecutive 30-day period by the new deadline. As of June 30, 2025, MFS manages $635.4 billion in assets for individual and institutional investors worldwide.
MFS® has updated the portfolio management team for three closed-end funds: MFS® High Income Municipal Trust (NYSE: CXE), MFS® High Yield Municipal Trust (NYSE: CMU), and MFS® Municipal Income Trust (NYSE: MFM), effective immediately. The team will be led by portfolio managers Michael Dawson, Jason Kosty, and Geoffrey Schechter. This change follows the passing of Gary Lasman on March 28, 2023. MFS emphasizes that the investment objectives and strategies of the funds remain unchanged despite this personnel transition. MFS, established in 1924, manages approximately US$560.4 billion in assets as of February 28, 2023.
MFS High Income Municipal Trust (NYSE: CXE) and MFS High Yield Municipal Trust (NYSE: CMU) announced an optional partial redemption of their Remarketable Variable Rate MuniFund Term Preferred Shares, Series 2051, set for November 28, 2022. CXE will redeem up to 110 of its 975 shares, while CMU will redeem up to 50 of its 750 shares, both at a price of $100,000 per share plus unpaid dividends. This move aims to reduce each fund's leverage from preferred shares, with all regulatory requirements fulfilled by MFS Investment Management.
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