MFS Investment Grade Municipal Trust (CXH)

MFS Investment Grade Municipal Trust is a closed-end investment fund that focuses on providing investors with access to a diversified portfolio of municipal securities

The trust primarily invests in investment-grade municipal bonds, which are debt securities issued by state and local governments, as well as certain nonprofit organizations, to finance public projects. By targeting high-quality bonds, the trust aims to deliver income that is generally exempt from federal income tax, making it an attractive option for income-seeking investors. The fund seeks to enhance returns through active management and careful selection of securities while aiming to preserve capital in a fluctuating interest rate environment.