Company MFS Investment Grade Municipal Trust

Equities

CXH

US59318B1089

Closed End Funds

Market Closed - Nyse 04:00:02 2024-03-28 pm EDT 5-day change 1st Jan Change
7.62 USD -0.65% Intraday chart for MFS Investment Grade Municipal Trust -0.39% +0.66%

Business Summary

MFS Investment Grade Municipal Trust (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to seek high current income exempt from federal income tax, but may also consider capital appreciation. The Fund invests, under normal market conditions, at least 80% of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in tax-exempt bonds and tax-exempt notes. The Fund may also invest in below-investment grade quality debt instruments. It invests in various sectors, such as healthcare, general obligations, universities, water and sewer utilities, toll roads, student loan, airports, and state and local appropriations. The fund offers a Dividend Reinvestment and Cash Purchase Plan that allows common shareholders to reinvest either all the distributions paid by the fund or only the long-term capital gains. The Fund's investment adviser is Massachusetts Financial Services Company.

Sales per Business

USD in Million2022Weight2023Weight Delta
Investment and Related Activities
100.0 %
2 100.0 % 2 100.0 % -25.97%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
2 100.0 % 2 100.0 % -25.97%

Managers

Managers TitleAgeSince
Chief Executive Officer 57 20-12-31
President 54 05-06-30
Compliance Officer 47 22-02-28
Corporate Secretary 56 17-03-31
Corporate Officer/Principal 52 05-06-30
Corporate Officer/Principal 50 06-05-31
Treasurer 63 90-08-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 67 04-11-30
Director/Board Member 69 18-12-31
Director/Board Member 70 17-02-28
Director/Board Member 72 14-01-31
Director/Board Member 68 14-04-30
Director/Board Member 68 08-12-31
Director/Board Member 68 08-12-31
Chief Executive Officer 57 20-12-31
Director/Board Member 65 05-02-28
Director/Board Member 63 18-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 9,110,245 9,110,245 ( 100.00 %) 0 100.00 %

Shareholders

NameEquities%Valuation
Saba Capital Management LP
5.771 %
525,732 5.771 % 4 M $
Almitas Capital LLC
5.400 %
491,954 5.400 % 4 M $
Saba Capital Management LP
4.826 %
439,632 4.826 % 3 M $
Bulldog Investors LLP
4.279 %
389,857 4.279 % 3 M $
RiverNorth Capital Management LLC
2.461 %
224,172 2.461 % 2 M $
ICON Advisers, Inc.
2.200 %
200,455 2.200 % 2 M $
Hennion & Walsh Asset Management, Inc.
1.234 %
112,430 1.234 % 843 225 $
Deschutes Portfolio Strategy LLC
0.9542 %
86,928 0.9542 % 651 960 $
Logan Stone Capital LLC
0.8863 %
80,744 0.8863 % 605 580 $
Morgan Stanley Smith Barney LLC
0.8793 %
80,104 0.8793 % 600 780 $
NameEquities%Valuation
438 22.46 % 3 285 $

Company contact information

MFS Investment Grade Municipal Trust

111 Huntington Avenue

02199-7927, Boston

+617 954 5000

address MFS Investment Grade Municipal Trust(CXH)
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