MFS California Municipal Fund (MFS California Municipal Fund) Quality Rank

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What is MFS California Municipal Fund Quality Rank?

The Quality Rank measures the business quality of a company relative to other companies. It is ranked based on the strength of the balance sheet, as well as the profitability and growth of the business. The ranked companies are split in equal numbers and then ranked from 1 to 10, with 10 being the highest.

The rank of balance sheet (30%)

The rank of balance sheet is done through the ranking of:

Interest coverage
Zscore
Debt to revenue
Equity to asset
Cash to debt

The rank of Profitability (70%)

The ranking of Profitability is done by ranking:

Operating margin mean rank (10-year mean average profit margine)
Operating margin growth rank
Fscore
Predictability rank
Revenue growth rank (5 year), when the growth is higher than 25%, set it as 25%
Num of year profit (number of years that is profitable within the last 10 years)
ROIC median (10-year median of ROIC)

MFS California Municipal Fund Quality Rank Related Terms

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MFS California Municipal Fund (MFS California Municipal Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MFS California Municipal Fund (AMEX:CCA) » Definitions » Quality Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Huntington Avenue, Boston, MA, USA, 02199

Website

http://www.mfs.com

MFS California Municipal Fund is a closed-end fund. The fund's investment objective is to seek high current income exempt from federal income tax and California personal income tax as well as capital appreciation. It offers a dividend reinvestment and cash purchase plan that allows common shareholders to reinvest either all the distributions paid by the fund or only the long-term capital gains. The fund invests majority of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in debt securities the interest on which in the opinion of issuer counsel is exempt from federal regular income tax and California personal income tax. It invests the fund's assets primarily in municipal instruments.

Executives

Jacques Jr Goulet	other: OFFICER OF THE ADVISOR	111 HUNTINGTON AVENUE, BOSTON MA 02199
Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
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
Richard O Hawkins	other: PORTFOLIO MANAGER	500 BOYLSTON STREET, BOSTON MA 02116
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
Clarence Jr Otis	director	1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John A Caroselli	director	ONE METROTECH CENTER, BROOKLYN NY 11201
Heidi Hardin	officer: Secretary	MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 02199
Christopher R. Bohane	officer: Assistant Secretary	111 HUNTINGTON AVENUE, BOSTON MA 02199
Kristin V Collins	officer: Assistant Secretary	MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 02199
Martin J Wolin	officer: Chief Compliance Officer	6 ST JAMES AVENUE 9TH FLOOR, BOSTON MA 02116