MFS High Yield Municipal Trust

Frequently Asked Questions About CMU

What does CMU invest in?

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. It was formerly known as Colonial Municipal Income Trust. MFS High Yield Municipal Trust was founded in March 19, 1987 and is domiciled in the United States.

What is the expense ratio of CMU?

MFS High Yield Municipal Trust (CMU) charges an expense ratio of 0.00%. This is the annual fee deducted from fund assets to cover management and operations.

How big is CMU?

MFS High Yield Municipal Trust (CMU) manages $2.50B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is CMU actively managed or an index fund?

CMU's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was CMU launched?

MFS High Yield Municipal Trust (CMU) launched in March 1987 and is managed by the fund issuer.

How has CMU performed?

CMU's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.