US · CXE
MFS High Income Municipal Trust
- Sector
- Financial Services · Asset Management - Income
- Headquarters
- Boston, MA 02199
- Website
- mfs.com
Price · as of 2025-11-30
$3.70
Market cap 121.06M
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $29.92 | +708.65% |
| Intrinsic Value(DCF) | $3.03 | -18.11% |
| Graham-Dodd Method(GD) | $1.08 | -70.81% |
| Graham Formula(GF) | — | — |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | |||||
| 2012 | $2.81 | ||||
| 2013 | $2.42 | $22.06 | $1.02 | $0.00 | $0.00 |
| 2014 | $2.77 | $32.88 | $0.17 | $4.67 | $4.73 |
| 2015 | $2.99 | $22.96 | $0.00 | $2.45 | $4.10 |
| 2016 | $3.10 | $27.42 | $0.07 | $1.56 | $2.00 |
| 2017 | $3.29 | $22.39 | $1.96 | $3.04 | $0.00 |
| 2018 | $3.51 | $28.01 | $3.66 | $1.58 | $0.00 |
| 2019 | $4.02 | $43.56 | $0.00 | $4.53 | $140.17 |
| 2020 | $3.97 | $27.92 | $1.62 | $1.96 | $0.00 |
| 2021 | $3.72 | $40.65 | $0.00 | $3.73 | $20.61 |
| 2022 | $3.20 | $27.82 | $0.65 | $0.00 | $46.69 |
| 2023 | $3.25 | $39.59 | $0.00 | $2.02 | $6.14 |
| 2024 | $3.52 | $35.90 | $0.33 | $4.25 | $3.83 |
| 2025 | $3.78 | $29.92 | $2.38 | $1.08 | $0.00 |
AI valuation
Our deep-learning model estimates MFS High Income Municipal Trust's (CXE) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $29.92
- Current price
- $3.70
- AI upside
- +708.65%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$3.03
-18.11% upside
Graham-Dodd
$1.08
-70.81% upside
Graham Formula
—
— upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| CXE | MFS High Income Municipal… | $3.70 | 121.06M | +709% | -18% | -71% | — | 1575.35 | 0.91 | 37.98 | 58.54 | — | 0.91 | -0.11% | 102.52% | 2.41% | 0.06% | 1.59% | 0.03% | 0.53 | 1.02 | 0.27 | 0.27 | 21.50 | -9954.00% | -6907.00% | 659.00% | 5.01% | 0.42 | 2.94% | 5.42% | 8537.30% | 5.42% | 58.54 | 31.56 | 60.02 | 0.71 |
| BTA | BlackRock Long-Term Munic… | $9.72 | 130.64M | +592% | +66% | — | +58% | -14.37 | 0.98 | 11.89 | -36.55 | — | 0.98 | 81.88% | -53.26% | -82.71% | -6.39% | -3.21% | -3.92% | 0.65 | — | 0.03 | 0.07 | -14.79 | -17303.00% | -3349.00% | -5529.00% | 4.25% | 0.06 | 3.05% | 6.72% | -96.60% | 6.72% | -36.55 | 38.50 | 19.47 | 0.23 |
| GNT | GAMCO Natural Resources, … | $9.16 | 148.37M | +694% | -52% | -19% | — | 12.78 | 0.68 | 35.96 | 12.76 | — | 0.68 | 18.71% | 281.49% | 281.47% | 5.18% | 5.19% | 3.88% | 0.00 | 12397.61 | 9.12 | 9.12 | -0.01 | -4651.00% | -8026.00% | — | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.00% | 12.76 | — | 35.93 | 0.31 |
| JHI | John Hancock Investors Tr… | $13.83 | 120.94M | +142% | -51% | -81% | +5% | 11.84 | 0.92 | 8.08 | 20.42 | — | 0.92 | 69.98% | 68.30% | 68.30% | 7.77% | 4.68% | 4.56% | 0.67 | 2.28 | 1.15 | 1.15 | 8.58 | -5148.00% | 465.00% | -818.00% | 7.80% | 2.61 | 4.32% | 8.74% | 103.50% | 8.74% | 20.42 | 22.11 | 13.94 | 0.75 |
| MGF | MFS Government Markets In… | $2.99 | 97.44M | +1,005% | -25% | +42% | +238% | 14.39 | 0.88 | 36.22 | 14.39 | 1.17 | 0.88 | 262.65% | 251.79% | 251.79% | 6.04% | 6.08% | 5.78% | 0.00 | — | 25.19 | 25.19 | 0.00 | 122450.00% | 4481.00% | — | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.00% | 14.39 | — | 36.22 | 15.76 |
| MHF | Western Asset Municipal H… | $6.96 | 150.96M | +277% | -55% | +64% | +416% | 7.75 | 0.90 | 17.98 | 7.98 | 2.11 | 0.90 | 234.80% | 231.84% | 231.84% | 12.01% | 11.75% | 11.46% | 0.03 | 152.32 | 1.21 | 1.20 | 0.22 | 36667.00% | 3623.00% | — | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.00% | 7.98 | — | 18.49 | 12.22 |
| PAI | Western Asset Investment … | $12.65 | 120.31M | +234% | -24% | +18% | +68% | 29.75 | 0.92 | 18.84 | 29.53 | — | 0.92 | 87.23% | 63.32% | 63.32% | 3.06% | 3.07% | 3.05% | 0.00 | — | 4.88 | 14.88 | -0.02 | -6486.00% | 4738.00% | — | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 1.20% | 29.53 | — | 18.70 | 391.00 |
| PFO | Flaherty & Crumrine Prefe… | $9.54 | 124.76M | +172% | -40% | -51% | +12% | 11.93 | 0.93 | 8.62 | 13.86 | — | 0.93 | 89.74% | 101.46% | 72.28% | 7.86% | 6.91% | 4.89% | 0.60 | 3.48 | 0.00 | 5.69 | 5.45 | -5500.00% | 533.00% | 559.00% | 6.25% | 13.58 | 3.67% | 6.73% | 80.30% | 6.73% | 13.86 | 26.08 | 14.06 | 1.22 |
About MFS High Income Municipal Trust
MFS High Income Municipal Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets. It primarily invests in municipal bonds and local general obligations of various sectors, such as multifamily, hospitals, care retirement, and investor-owned utilities. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index. It was formerly known as Colonial High Income Municipal Trust. MFS High Income Municipal Trust was formed on February 17, 1989 and is domiciled in United States.
- CEO
- Robin Ann Stelmach
- Employees
- 0
- Beta
- 0.84
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($3.03 ÷ $3.70) − 1 = -18.11% (DCF, example).