Welcome to our dedicated page for MFS Investment Grade Municipal Trust news (Ticker: CXH), a resource for investors and traders seeking the latest updates and insights on MFS Investment Grade Municipal Trust stock.
MFS Investment Grade Municipal Trust reports developments as a NYSE-listed closed-end management investment company advised by MFS Investment Management. The fund seeks high current income exempt from federal income tax and invests primarily in tax-exempt municipal bonds and notes, with common shares trading in the open market and potentially at a discount to net asset value.
Recurring news for CXH centers on cash tender offers for common shares, net asset value pricing mechanics, shareholder liquidity actions, and optional partial redemptions of Remarketable Variable Rate MuniFund Term Preferred Shares, Series 2051. Updates also address fund leverage tied to preferred shares and board-level matters involving discounts to NAV.
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MFS Investment Grade Municipal Trust (NYSE:CXH) has declared a long-term capital gain distribution of $0.04633 per share and a short-term capital gain distribution of $0.01932. Both distributions have an ex-dividend date of December 14, 2021 and a record date of December 15, 2021, with payments on December 31, 2021. Additionally, MFS Municipal Income Trust (NYSE:MFM) also announced a long-term capital gain distribution of $0.00254 per share, following the same ex-dividend and record dates.
MFS Investment Grade Municipal Trust (NYSE:CXH) has announced a long-term capital gain distribution of $0.02964 per share. Key dates are set for the ex-dividend on December 15, 2020, record date on December 16, 2020, and payable date on December 31, 2020. The trust, managed by MFS Investment Management, focuses on creating long-term value for clients, having over $535.8 billion in assets under management as of October 2020. Investors should consult their financial advisors for account changes.