CMU Profile
MFS High Yield Municipal Trust, managed by Massachusetts Financial Services Company, operates as a closed-end fixed income mutual fund specializing in the United States fixed income markets. Established on March 19, 1987, the fund was previously known as Colonial Municipal Income Trust before adopting its current name.
The primary investment strategy of MFS High Yield Municipal Trust focuses on tax-exempt bonds and tax-exempt notes within the municipal bond sector. It aims to generate income for its investors while preserving capital, leveraging its expertise in fixed income securities to achieve these goals.
To gauge its performance, the fund benchmarks against the Barclays Municipal Bond Index, ensuring transparency and accountability in tracking its investment outcomes against industry standards. This approach helps guide its investment decisions and strategy adjustments in response to market conditions.
Domiciled in the United States, MFS High Yield Municipal Trust continues to provide investors with access to tax-advantaged investment opportunities in the municipal bond market, supported by the extensive resources and experience of Massachusetts Financial Services Company in asset management and financial advisory services.
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