Closed-End Funds: Screening For The Best Municipal Bond Exposure

Municipal bond closed-end funds (CEFs) are seeing narrowing discounts, with NXP and MHF offering the most compelling value in the space at present. Leverage costs are easing as the Fed cuts rates, which should improve distribution coverage and make leveraged muni CEFs more attractive. Of course, there are always risks that include increased volatility from leverage and sensitivity to long-term Treasury rates, but we've seen long-term rate stabilization within a fairly narrow range.

Seeking Alpha • Feb 4, 2026

MFS Closed-end Funds Announce Special Shareholder Meetings Relating to Proposed Reorganizations and Proposed Appointment of Aberdeen Investments as Investment Adviser

BOSTON--(BUSINESS WIRE)--MFS CLOSED-END FUNDS ANNOUNCE SPECIAL SHAREHOLDER MEETINGS RELATING TO PROPOSED REORGANIZATIONS, PROPOSED APPOINTMENT OF ABERDEEN AS INVEST. ADVISER.

Business Wire • Dec 11, 2025

MFS High Income Municipal Trust, MFS High Yield Municipal Trust, MFS Investment Grade Municipal Trust, and MFS Municipal Income Trust Announce Optional Partial Redemption of Preferred Shares

BOSTON--(BUSINESS WIRE)--MFS announces optional partial redemption RVMTP shares of four closed end funds, CXE, CMU, CXH and MFM, from July 18, 2024 to Dec 31, 2024.

Business Wire • Jun 17, 2024

MFS Closed End Fund Portfolio Management Team Announcement

BOSTON--(BUSINESS WIRE)--MFS Closed End Fund Portfolio Management Team Announcement.

Business Wire • May 9, 2024

Weekly CEF Commentary | March 3, 2024 | PDX Makes The Change

Markets were flat, but upcoming events like the jobs report, PMIs, and ECB meeting are important.

Seeking Alpha • Mar 8, 2024

CEF Weekly Review: Take Care With Total NAV Returns

We review CEF market valuation and performance through the fourth week of January and highlight recent market action. All sectors were up for the week, with MLPs and Preferreds leading the way. Investors should be wary in taking CEF total NAV returns at face value given various conventions and data issues.

Seeking Alpha • Feb 3, 2024

MFS High Income Municipal Trust and MFS High Yield Municipal Trust Announce Optional Partial Redemption of Preferred Shares

BOSTON--(BUSINESS WIRE)--NYSE: CXE and NYSE: CMU announce an optional partial redemption of Remarketable Variable Rate MuniFund Term Preferred Shares on November 28, 2022.

Business Wire • Oct 28, 2022

Weekly Closed-End Fund Roundup: November 28, 2021

4 out of 24 CEF sectors positive on price and 2 out of 24 sectors positive on NAV last week. Date for PIMCO merger of PCI and PKO into PDI announced.

Seeking Alpha • Dec 7, 2021

Weekly Closed-End Fund Roundup: November 7, 2021

21 out of 24 CEF sectors positive on price and 22 out of 24 sectors positive on NAV last week. US equity leads while emerging market income lags.

Seeking Alpha • Nov 15, 2021

Weekly Closed-End Fund Roundup: Sept. 26, 2021

Three out of 23 CEF sectors positive on price and six out of 23 sectors positive on NAV last week.

Seeking Alpha • Oct 5, 2021