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Public snapshot

CMU Income Quality Score

MFS High Yield Municipal Trust (CMU) has an Income Quality Score of 49/100, classified as a Question Mark with high confidence, based on a 10-year income and total-return history.

MFS High Yield Municipal Trust (CMU) is a closed-end fund and is part of the IQ Score universe.

July 2026 snapshotAs of June 30, 2026Lookback: 10-year
Long-term focused10-year income and total-return analysis
Data-drivenObjective scoring across 5 quality, distribution and risk signals
Clear classificationFriends to own. Foes to avoid.
IQ Score
49/100
Question MarkHigh confidence
Asset Type
CEF
Exchange
Trailing Yield (TTM)
Not published
No normalized trailing yield is published for closed-end funds in this snapshot.
Rank in CEF Universe
205 of 358
Lookback
10-year
Data as of
June 30, 2026
How the IQ Score works →
About this snapshot
This is the public July 2026 snapshot. Public snapshots are delayed and frozen: once released, a month's scores do not change, and current data is reserved for members. The July 2026 snapshot is published as the public launch snapshot.
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CMUMFS High Yield Municipal Trust
49Question MarkHigh confidence
Snapshot
2026-06
Data as of
2026-06-30
Lookback
10-year
Asset type
Closed-End Fund

IQ Score History

6535FRIENDQUESTION MARKFOE050100Methodology updatedMethodology updated on 2026-06-05 (iq-4class-v1 → iq-4class+ca:on+distcut:direct+disttrend:legacy-r3)2023-052025-062026-062023-05-31 · 31.2 · Foe · Historical Reconstruction · iq-4class-v12023-07-31 · 35.4 · Question Mark · Historical Reconstruction · iq-4class-v12023-09-29 · 31.7 · Foe · Historical Reconstruction · iq-4class-v12023-11-30 · 25.5 · Foe · Historical Reconstruction · iq-4class-v12024-01-31 · 27.9 · Foe · Historical Reconstruction · iq-4class-v12024-03-28 · 28.6 · Foe · Historical Reconstruction · iq-4class-v12024-05-31 · 37.6 · Question Mark · Historical Reconstruction · iq-4class-v12024-07-31 · 41.3 · Question Mark · Historical Reconstruction · iq-4class-v12024-09-30 · 43.0 · Question Mark · Historical Reconstruction · iq-4class-v12024-11-29 · 43.0 · Question Mark · Historical Reconstruction · iq-4class-v12025-01-31 · 41.7 · Question Mark · Historical Reconstruction · iq-4class-v12025-03-31 · 39.4 · Question Mark · Historical Reconstruction · iq-4class-v12025-05-30 · 36.0 · Question Mark · Historical Reconstruction · iq-4class-v12025-07-31 · 35.0 · Question Mark · Historical Reconstruction · iq-4class-v12025-09-30 · 43.4 · Question Mark · Historical Reconstruction · iq-4class-v12025-11-28 · 47.5 · Question Mark · Historical Reconstruction · iq-4class-v12026-01-30 · 46.9 · Question Mark · Historical Reconstruction · iq-4class-v12026-03-31 · 45.2 · Question Mark · Historical Reconstruction · iq-4class-v12026-05-15 · 44.0 · Question Mark · Published Snapshot History · iq-4class-v12026-05-20 · 44.1 · Question Mark · Published Snapshot History · iq-4class-v12026-05-22 · 45.1 · Question Mark · Published Snapshot History · iq-4class-v12026-05-27 · 46.2 · Question Mark · Published Snapshot History · iq-4class-v12026-05-29 · 48.0 · Question Mark · Published Snapshot History · iq-4class-v12026-06-02 · 48.8 · Question Mark · Published Snapshot History · iq-4class-v12026-06-04 · 49.1 · Question Mark · Published Snapshot History · iq-4class-v12026-06-05 · 48.4 · Question Mark · Historical Reconstruction · iq-4class+ca:on+distcut:direct+disttrend:legacy-r36535FRIENDQUESTION MARKFOE050100Methodology updated on 2026-06-05 (iq-4class-v1 → iq-4class+ca:on+distcut:direct+disttrend:legacy-r3)2023-052026-06

Reconstructed monthly scores are computed from current data and methodology. Published snapshots are the frozen monthly releases, marked on the line. Where the methodology changed, the line is broken rather than joined across the change.

Signals & Drivers

IQ signal scores

Each signal is normalised to 0–100 and combined by weight into the overall IQ Score.

Economic Payout Coverage
33/100
Working Capital Preservation
58/100
Distribution Cut Score
10/100
Distribution Trend
100/100
NAV CAGR
70/100

What is working

  • Distributions growing year-over-year
  • Stable NAV over available history

What to watch

  • Distributions exceed long-term total return
  • 3+ years with a material annual distribution decline

Flags & gates

  • Stale Prices
  • Chronic Dist Cuts

Distribution Safety

7Years raised
3Years cut
32Years of data
RisingCurrent trend

High confidence (10-year history)

  1. 19880.528Held
  2. 19890.771Raised
  3. 19900.72Lower total
  4. 19910.706Lower total
  5. 19920.265Lower total
  6. 20000.1735Lower total
  7. 20010.384Raised
  8. 20020.427Raised
  9. 20030.428Held
  10. 20040.425Held
  11. 20050.374Lower total
  12. 20060.342Lower total
  13. 20070.307Lower total
  14. 20080.324Raised
  15. 20090.333Held
  16. 20100.353Raised
  17. 20110.355Held
  18. 20120.325Lower total
  19. 20130.289Lower total
  20. 20140.291Held
  21. 20150.2805Lower total
  22. 20160.271Held
  23. 20170.271Held
  24. 20180.254Lower total
  25. 20190.2275Cut
  26. 20200.217Lower total
  27. 20210.2045Lower total
  28. 20220.1744Cut
  29. 20230.1342Cut
  30. 20240.165Raised
  31. 20250.189Raised
  32. 20260.1688Partial year

Distributions per year, from the frozen distribution-stability signal. “Lower total” means the calendar-year sum was smaller than the prior year (often a special-distribution rolloff or timing shift), but did not decline more than the engine's 10% material-decline threshold — see Years Cut above for years that did.

The IQ Score is a research classification of historical income quality. It is not investment advice, not a recommendation and not a prediction of future returns.

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