GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MFS Municipal Income Trust (NYSE:MFM) » Definitions » Selling, General, & Admin. Expense

MFS Municipalome Trust (MFS Municipalome Trust) Selling, General, & Admin. Expense : $0.37 Mil (TTM As of Oct. 2023)


View and export this data going back to . Start your Free Trial

What is MFS Municipalome Trust Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. MFS Municipalome Trust's selling, general, & admin. expense for the six months ended in Oct. 2023 was $0.19 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Oct. 2023 was $0.37 Mil.


MFS Municipalome Trust Selling, General, & Admin. Expense Historical Data

The historical data trend for MFS Municipalome Trust's Selling, General, & Admin. 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.

* Premium members only.

MFS Municipalome Trust Selling, General, & Admin. Expense Chart

MFS Municipalome Trust Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 0.41 0.39 0.36 0.36 0.37

MFS Municipalome Trust Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.17 0.19 0.18 0.19

Competitive Comparison of MFS Municipalome Trust's Selling, General, & Admin. Expense

For the Asset Management subindustry, MFS Municipalome Trust's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MFS Municipalome Trust's Selling, General, & Admin. Expense Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MFS Municipalome Trust's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where MFS Municipalome Trust's Selling, General, & Admin. Expense falls into.



MFS Municipalome Trust Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.37 Mil.

* 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.


MFS Municipalome Trust  (NYSE:MFM) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


MFS Municipalome Trust Selling, General, & Admin. Expense Related Terms

Thank you for viewing the detailed overview of MFS Municipalome Trust's Selling, General, & Admin. Expense provided by GuruFocus.com. Please click on the following links to see related term pages.


MFS Municipalome Trust (MFS Municipalome Trust) Business Description

Traded in Other Exchanges
N/A
Address
111 Huntington Avenue, Boston, MA, USA, 02199
MFS Municipal Income Trust is a 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 borrowings for investment purposes, in municipal bonds.
Executives
Linda Dougherty other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Rosa Licea-mailloux other: CHIEF COMPLIANCE OFFICER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Michael L Dawson other: PORTFOLIO MANAGER 500 BOYLSTON STREET, BOSTON MA 02116
Robert J Manning director 1201 THIRD AVE, STE 4900, SEATTLE WA 98101
Jpmorgan Chase Bank, N.a. 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240
Manjit Singh director 111 HUNTINGTON AVENUE, BOSTON MA 02072
Jason Kosty other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Jacques Jr Goulet other: ADVISOR TO OFFICER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Melissa Kennedy other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
James W. Kilman director 111 HUNTINGTON AVENUE, BOSTON MA 02199
Edward M. Maloney officer: Officer of Advisor 111 HUNTINGTON AVENUE, BOSTON MA 02199
Peter Darrell Jones 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
Clarence Jr Otis director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036

MFS Municipalome Trust (MFS Municipalome Trust) Headlines

From GuruFocus

MFS Municipal Income Trust's Dividend Analysis

By GuruFocus Research 10-16-2023