On January 20, 2026, Bulldog Investors, LLP, along with its partners Phillip Goldstein and Andrew Dakos, completed a transaction to acquire 678 additional shares of MFS High Yield Municipal Trust, identified on the New York Stock Exchange under the symbol CMU. Each share was purchased at a price of $3.50, amounting to a total investment close to $2,373. At this time, CMU shares were trading near their 52-week peak, priced at $3.54, which is just marginally (0.98%) below the highest price point of $3.63 within the past year.
The MFS High Yield Municipal Trust fund remains attractive to income investors by offering a dividend yield of 5.59%. Notably, the fund has maintained an unbroken history of dividend payments for 40 years, underscoring its reliability and consistency in cash distributions. This longevity is an important factor for investors valuing an enduring income stream.
Following this latest buy, Phillip Goldstein now holds a direct ownership position of 24,878 shares in the MFS High Yield Municipal Trust. Both Bulldog Investors, LLP and Andrew Dakos have publicly stated that they disclaim any beneficial ownership beyond any pecuniary interest they might have in these shares. This distinction clarifies the nature of their investment holding and influence on the stock.
From a market standpoint, the MFS High Yield Municipal Trust currently boasts a market capitalization of $90.12 million. The fund has experienced positive momentum, with its share price increasing by approximately 12.79% over the preceding six months. This price movement, combined with a beta of 0.74, suggests the fund exhibits relatively moderate volatility compared to the broader market, an aspect appealing to investors seeking steadier performance.
For those analyzing municipal bond funds in depth, supplementary financial metrics and expert insights are accessible through dedicated research platforms, enabling a comprehensive evaluation of funds like CMU.