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MFS California Municipal Fund (MFS California Municipal Fund) Gross-Profit-to-Asset % : 9.16% (As of May. 2019)


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What is MFS California Municipal Fund Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. MFS California Municipal Fund's annualized Gross Profit for the quarter that ended in May. 2019 was $5.39 Mil. MFS California Municipal Fund's average Total Assets over the quarter that ended in May. 2019 was $58.87 Mil. Therefore, MFS California Municipal Fund's annualized Gross-Profit-to-Asset % for the quarter that ended in May. 2019 was 9.16%.


MFS California Municipal Fund Gross-Profit-to-Asset % Historical Data

The historical data trend for MFS California Municipal Fund's Gross-Profit-to-Asset % 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 California Municipal Fund Gross-Profit-to-Asset % Chart

MFS California Municipal Fund Annual Data
Trend Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only 9.11 3.46 0.14 4.68 -0.30

MFS California Municipal Fund Semi-Annual Data
May10 Nov10 May11 Nov11 May12 Nov12 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.13 1.15 0.62 -1.23 9.16

Competitive Comparison of MFS California Municipal Fund's Gross-Profit-to-Asset %

For the Asset Management subindustry, MFS California Municipal Fund's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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 California Municipal Fund's Gross-Profit-to-Asset % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MFS California Municipal Fund's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where MFS California Municipal Fund's Gross-Profit-to-Asset % falls into.



MFS California Municipal Fund Gross-Profit-to-Asset % Calculation

MFS California Municipal Fund's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Nov. 2018 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Nov. 2018 )/( (Total Assets (A: Nov. 2017 )+Total Assets (A: Nov. 2018 ))/ count )
=-0.175/( (59.192+57.67)/ 2 )
=-0.175/58.431
=-0.30 %

MFS California Municipal Fund's annualized Gross-Profit-to-Asset % for the quarter that ended in May. 2019 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: May. 2019 )/( (Total Assets (Q: Nov. 2018 )+Total Assets (Q: May. 2019 ))/ count )
=5.392/( (57.67+60.079)/ 2 )
=5.392/58.8745
=9.16 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (May. 2019) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


MFS California Municipal Fund Gross-Profit-to-Asset % Related Terms

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

Traded in Other Exchanges
N/A
Address
111 Huntington Avenue, Boston, MA, USA, 02199
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

MFS California Municipal Fund (MFS California Municipal Fund) Headlines