Figma Shares Indicated To Open $105/$110
In a notable performance within the fixed-income sector, MFS Investment Grade Municipal Trust (CXH) stock has reached a 52-week high, touching $8.35. With a market capitalization of $67.73 million and an attractive dividend yield of 3.85%, the trust demonstrates strong fundamentals. InvestingPro data reveals a beta of 0.59, indicating lower volatility compared to the broader market. This peak reflects a significant uptrend for the trust, which specializes in investment-grade municipal bonds. The trust has posted a remarkable 13.04% year-to-date return, with a strong current ratio of 3.11 highlighting its solid financial position. InvestingPro analysis shows the trust has maintained dividend payments for 36 consecutive years, demonstrating exceptional stability. The trust's ability to reach this price level amidst fluctuating market conditions underscores its resilience and the enduring appeal of municipal bonds as a stable investment choice. Discover more insights and 5 additional ProTips by subscribing to InvestingPro.
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