Potential Tender Offer At MFS High Income Municipal Trust Before Vote [Seeking Alpha]
MFS High Income Municipal Trust (CXE)
US:NYSE Investor Relations:
mfs.com/en-us/individual-investor/product-strategies/closed-end-funds/cxe-mfs-high-income-municipal-trust.html
Company Research
Source: Seeking Alpha
As a comparison, CMU and CXH boards authorized 50% tenders contingent on achieving the same vote. This is a binary situation. I expect merging into MFM absent a tender would be a money loser. Shareholders, including Saba, may not vote for the merger absent a tender offer plan similar to that at CMU and CXH. CXE currently trades at 92 cents per dollar of NAV. PM Images/DigitalVision via Getty Images I expect to see a tender offer plan announced for MFS High Income Municipal Trust ( CXE ) in the coming days or weeks. This is among three municipal Closed End Funds (“CEFs”) heavily owned by well-recognized institutional This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of CXE, CMU, CXH either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any com
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CXE
Sec Filings
- 2/12/26 - Form N-CEN
- 2/11/26 - Form 425
- 2/11/26 - Form 425
- CXE's page on the SEC website