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MFS Municipal Income Trust (MFM)

National Muni Bond Funds - Muni High Yield

Data as of June 20, 2024
Market Price $5.31 (- $0.02)
NAV (June 20, 2024) $6.11 (- $0.01)
Fund Listed NYSE
Premium / Discount -13.09% (-0.18%)
Fund Info
Inception Nov. 25, 1986
Sponsor Massachusetts Financial Services
Website https://www.mfs.com/en...
Phone 1-800-637-2304
Location Massachusetts
Incorporated Massachusetts
Staggered Board Yes
Term Date N/A
Objective: High current income exempt from federal income tax; Tax-Exempt Bond
Related Indexes
High Yield Municipal Index
Capital & Leverage
Outstanding Shares 41,187,631
Total Assets (Reported: Oct. 31, 2023) $336M
Estimated Total Assets $370M
Net Assets $252M
Market Cap $219M
Portfolio Turnover 28.00%
Total Leverage 32.00%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 3.08%
Non Lev Exp Ratio 1.09%
Rel Lev Cost 4.01%
Discount Data
Average Discount (3 Yr) -11.12%
Discount Low(3 Yr) -16.82%
Discount High(3 Yr) -2.82%
Discount Rel Range (3 Yr) 26.60%
Comp Discount -4.42
Discount St Dev (1Yr) 1.33
Z-Stat (6mo) -0.19
Z-Stat (1Yr) 0.22
Z-Stat (3Yr) -0.59
Comp Z-Stat (6mo) -1.13
Comp Z-Stat (3Yr) -0.24
Distribution Data
Market Yield 4.63%
Income Yield 4.63%
Lev Adj NAV Yield 3.05%
Distribution Frequency M
Current Distribution $0.021
Current Income $0.021
Ex-Date 6/18/24
Payable Date 6/28/24
Div Growth (3yr) -19.61%
Dividend Change 5.1% on 3/1/24
Expected Div 7/1/24
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2022 2020 - 2022
Income 2.4% 1.8%
ST Gains 0% 0%
QDI 0% 0%
LT Gains 1.0% 0.3%
RoC 0% 0%
Volume & Liquidity
Average Daily $ (K) $395
Avg Volume 30 day 74,428
Avg Volume 90 day 74,425
Volume Trend 0.00%
Comp Volume Trend -2.70%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's High Yield Municipal Index
Most Correlated Peer (Mk Pr): DMB 82.0%
NAV - Price Correlation (30 d) 94.9%
NAV - Price Correlation (90 d) 88.7%
NAV - Price Correlation (1 Yr) 96.5%
Price St Dev (1Yr) 15.6%
NAV St Dev (1Yr) 7.0%
Earnings / Share (4/30/24) $0.019
Earn Coverage 92.68%
Earnings Trend Up
UNII / Share (4/30/24) $0.092
Rel UNII 37.40
UNII Trend Down
Bond Specific Data
Maturity 21.28
Duration 11.11
Credit Rating (rbo) BB
Investment Grade 44.89%
Non Investment Grade 20.41%
Unrated Bonds 34.69%
Average Bond Price 121.84
Discount vs Price 8.75
Coupon 6.14%
Zero Coupon 3.18%
AMT 22.00%
AMT Yield 4.35%
Bond Calls Risk 12.00%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's High Yield Municipal Index


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