Catalina Capital Group LLC Acquires New Shares in MFS High Income Municipal Trust (NYSE:CXE)

Catalina Capital Group LLC acquired a new stake in shares of MFS High Income Municipal Trust (NYSE:CXE) during the 1st quarter, HoldingsChannel.com reports. The firm acquired 29,474 shares of the company’s stock, valued at approximately $109,000.

Several other hedge funds also recently modified their holdings of the company. Bank of America Corp DE boosted its holdings in shares of MFS High Income Municipal Trust by 4.7% during the 4th quarter. Bank of America Corp DE now owns 1,262,545 shares of the company’s stock valued at $4,646,000 after acquiring an additional 56,854 shares in the last quarter. Almitas Capital LLC boosted its holdings in shares of MFS High Income Municipal Trust by 27.9% during the 4th quarter. Almitas Capital LLC now owns 921,837 shares of the company’s stock valued at $3,392,000 after acquiring an additional 200,984 shares in the last quarter. Sit Investment Associates Inc. boosted its holdings in shares of MFS High Income Municipal Trust by 1.9% during the 4th quarter. Sit Investment Associates Inc. now owns 620,203 shares of the company’s stock valued at $2,282,000 after acquiring an additional 11,405 shares in the last quarter. Whitebox Advisors LLC boosted its holdings in shares of MFS High Income Municipal Trust by 96.5% during the 4th quarter. Whitebox Advisors LLC now owns 229,223 shares of the company’s stock valued at $844,000 after acquiring an additional 112,598 shares in the last quarter. Finally, Noble Wealth Management PBC boosted its holdings in shares of MFS High Income Municipal Trust by 4.8% during the 1st quarter. Noble Wealth Management PBC now owns 142,585 shares of the company’s stock valued at $526,000 after acquiring an additional 6,560 shares in the last quarter. Institutional investors and hedge funds own 34.37% of the company’s stock.

MFS High Income Municipal Trust Price Performance

NYSE CXE opened at $3.53 on Friday. MFS High Income Municipal Trust has a twelve month low of $3.38 and a twelve month high of $4.03. The business’s fifty day moving average is $3.52 and its 200 day moving average is $3.65.

MFS High Income Municipal Trust Announces Dividend

The business also recently announced a — dividend, which will be paid on Monday, June 30th. Shareholders of record on Tuesday, June 17th will be issued a dividend of $0.018 per share. This represents a yield of 5.5%. The ex-dividend date of this dividend is Tuesday, June 17th.

About MFS High Income Municipal Trust

MFS High Income Municipal Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets. It primarily invests in municipal bonds and local general obligations of various sectors, such as multifamily, hospitals, care retirement, and investor-owned utilities.