MFS High Yield Municipal Trust (NYSE:CMU) Stake Raised by International Assets Investment Management LLC

International Assets Investment Management LLC raised its holdings in shares of MFS High Yield Municipal Trust (NYSE:CMU) by 270.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,398 shares of the company’s stock after acquiring an additional 33,890 shares during the quarter. International Assets Investment Management LLC’s holdings in MFS High Yield Municipal Trust were worth $170,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in CMU. Allspring Global Investments Holdings LLC boosted its holdings in shares of MFS High Yield Municipal Trust by 65.0% during the second quarter. Allspring Global Investments Holdings LLC now owns 487,176 shares of the company’s stock worth $1,671,000 after purchasing an additional 192,000 shares during the period. Bank of New York Mellon Corp purchased a new stake in MFS High Yield Municipal Trust in the 2nd quarter worth approximately $356,000. Graham Capital Wealth Management LLC acquired a new stake in shares of MFS High Yield Municipal Trust during the 2nd quarter valued at $285,000. Wolverine Asset Management LLC grew its holdings in shares of MFS High Yield Municipal Trust by 20.6% during the 2nd quarter. Wolverine Asset Management LLC now owns 149,212 shares of the company’s stock valued at $512,000 after acquiring an additional 25,460 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC increased its stake in shares of MFS High Yield Municipal Trust by 137.5% in the second quarter. Blue Bell Private Wealth Management LLC now owns 39,301 shares of the company’s stock worth $135,000 after acquiring an additional 22,754 shares during the last quarter. Institutional investors and hedge funds own 32.39% of the company’s stock.

MFS High Yield Municipal Trust Trading Down 0.8 %

Shares of NYSE:CMU opened at $3.54 on Thursday. MFS High Yield Municipal Trust has a 1 year low of $2.92 and a 1 year high of $3.70. The business has a fifty day simple moving average of $3.61 and a 200 day simple moving average of $3.48.

MFS High Yield Municipal Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Tuesday, November 12th will be paid a dividend of $0.0145 per share. This represents a $0.17 dividend on an annualized basis and a dividend yield of 4.92%. The ex-dividend date of this dividend is Tuesday, November 12th.

MFS High Yield Municipal Trust Profile

MFS High Yield Municipal Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in tax-exempt bonds and tax-exempt notes. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index.