UBS Group AG Has $4.57 Million Holdings in MFS High Income Municipal Trust $CXE

UBS Group AG increased its stake in shares of MFS High Income Municipal Trust (NYSE:CXE) by 76.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,235,110 shares of the company’s stock after purchasing an additional 535,091 shares during the period. UBS Group AG’s holdings in MFS High Income Municipal Trust were worth $4,570,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Bank of America Corp DE grew its stake in shares of MFS High Income Municipal Trust by 4.0% during the third quarter. Bank of America Corp DE now owns 1,049,363 shares of the company’s stock worth $3,904,000 after purchasing an additional 40,753 shares during the period. Whitebox Advisors LLC grew its stake in shares of MFS High Income Municipal Trust by 7.4% during the second quarter. Whitebox Advisors LLC now owns 483,300 shares of the company’s stock worth $1,730,000 after purchasing an additional 33,258 shares during the period. NewEdge Advisors LLC grew its stake in shares of MFS High Income Municipal Trust by 185.0% during the third quarter. NewEdge Advisors LLC now owns 93,180 shares of the company’s stock worth $347,000 after purchasing an additional 60,480 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of MFS High Income Municipal Trust by 10.3% during the third quarter. Envestnet Asset Management Inc. now owns 54,685 shares of the company’s stock worth $203,000 after purchasing an additional 5,094 shares during the period. Finally, Citadel Advisors LLC grew its stake in shares of MFS High Income Municipal Trust by 19.1% during the third quarter. Citadel Advisors LLC now owns 25,812 shares of the company’s stock worth $96,000 after purchasing an additional 4,142 shares during the period. 34.37% of the stock is owned by institutional investors and hedge funds.

MFS High Income Municipal Trust Stock Down 0.1%

Shares of MFS High Income Municipal Trust stock opened at $3.63 on Friday. MFS High Income Municipal Trust has a 12 month low of $3.40 and a 12 month high of $3.88. The business has a fifty day simple moving average of $3.73 and a 200 day simple moving average of $3.75.

MFS High Income Municipal Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, May 29th. Shareholders of record on Thursday, May 21st will be issued a dividend of $0.018 per share. The ex-dividend date is Thursday, May 21st. This represents a c) annualized dividend and a yield of 6.0%.

MFS High Income Municipal Trust Company Profile

MFS High Income Municipal Trust (NYSE: CXE) is a diversified, closed-end management investment company that seeks to provide shareholders with high current income exempt from regular federal income tax. The fund achieves this objective by investing primarily in a portfolio of municipal obligations, which may include general obligation bonds, revenue bonds and other municipal securities issued by state and local governments throughout the United States.

The trust focuses on both investment-grade and below-investment-grade municipal securities, aiming to capture wider spreads in the high-yield segment of the municipal bond market.