Mfs Investment Grade Municipal Trust (Mfs Investment Grade Municipal Trust) Accounts Payable & Accrued Expense : $1.79 Mil (As of Nov. 2023)

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What is Mfs Investment Grade Municipal Trust Accounts Payable & Accrued Expense?

Mfs Investment Grade Municipal Trust's quarterly accounts payable & accrued expense declined from Nov. 2022 ($3.56 Mil) to May. 2023 ($2.52 Mil) and declined from May. 2023 ($2.52 Mil) to Nov. 2023 ($1.79 Mil).

Mfs Investment Grade Municipal Trust's annual accounts payable & accrued expense declined from Nov. 2021 ($8.77 Mil) to Nov. 2022 ($3.56 Mil) and declined from Nov. 2022 ($3.56 Mil) to Nov. 2023 ($1.79 Mil).

Mfs Investment Grade Municipal Trust Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mfs Investment Grade Municipal Trust's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Mfs Investment Grade Municipal Trust Accounts Payable & Accrued Expense Chart

Mfs Investment Grade Municipal Trust Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Accounts Payable & Accrued Expense

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5.68

6.13

8.77

3.56

1.79

Mfs Investment Grade Municipal Trust Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								8.77	4.67	3.56	2.52	1.79

Mfs Investment Grade Municipal Trust Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Mfs Investment Grade Municipal Trust (Mfs Investment Grade Municipal Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mfs Investment Grade Municipal Trust (NYSE:CXH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Huntington Avenue, Boston, MA, USA, 02199

Website

https://www.mfs.com

Mfs Investment Grade Municipal Trust is a United States-based diversified closed-end management investment company. Its investment objective is to seek high current income exempt from federal income tax, but may also consider capital appreciation. The fund invests a majority of its net assets, including assets attributable to preferred shares and borrowing for investment purposes, in tax-exempt bonds and tax-exempt notes.

Executives

Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Linda Dougherty	other: OFFICER OF ADVISOR	111 HUNTINGTON AVENUE, BOSTON MA 02199
Boaz Weinstein	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Jason Kosty	other: PORTFOLIO MANAGER	111 HUNTINGTON AVENUE, BOSTON MA 02199
Rosa Licea-mailloux	other: CHIEF COMPLIANCE OFFICER	111 HUNTINGTON AVENUE, BOSTON MA 02199
Jpmorgan Chase Bank, N.a.	10 percent owner	1111 POLARIS PARKWAY, COLUMBUS OH 43240
Manjit Singh	director	111 HUNTINGTON AVENUE, BOSTON MA 02072
Melissa Kennedy	other: OFFICER OF ADVISOR	111 HUNTINGTON AVENUE, BOSTON MA 02199
Jacques Jr Goulet	other: OFFICER OF ADVISOR	111 HUNTINGTON AVENUE, BOSTON MA 02199
Peter Darrell Jones	director	111 HUNTINGTON AVENUE, BOSTON MA 02199
Edward M. Maloney	officer: Officer of Advisor	111 HUNTINGTON AVENUE, BOSTON MA 02199
James W. Kilman	director	111 HUNTINGTON AVENUE, BOSTON MA 02199
Carol W. Geremia	officer: PRESIDENT	111 HUNTINGTON AVENUE, BOSTON MA 02199
Kevin D Strain	other: Officer of Advisor	MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 02199
Karpus Management, Inc.	10 percent owner	183 SULLY'S TRAIL, PITTSFORD NY 14534