MFS Municipalome Trust (MFS Municipalome Trust) 12-1 Month Momentum % : 2.53% (As of Apr. 26, 2024)

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What is MFS Municipalome Trust 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-26), MFS Municipalome Trust's 12-1 Month Momentum % is 2.53%.

The industry rank for MFS Municipalome Trust's 12-1 Month Momentum % or its related term are showing as below:

MFM's 12-1 Month Momentum % is ranked better than
52.18% of 1742 companies
in the Asset Management industry
Industry Median: 1.71 vs MFM: 2.53

Competitive Comparison of MFS Municipalome Trust's 12-1 Month Momentum %

For the Asset Management subindustry, MFS Municipalome Trust's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % 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 12-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MFS Municipalome Trust's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where MFS Municipalome Trust's 12-1 Month Momentum % falls into.

MFS Municipalome Trust (NYSE:MFM) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %

( Price 1-month ago

Price 12-month ago

- 1 )

100 %

* 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) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

MFS Municipalome Trust 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of MFS Municipalome Trust's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.

MFS Municipalome Trust (MFS Municipalome Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MFS Municipal Income Trust (NYSE:MFM) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Huntington Avenue, Boston, MA, USA, 02199

Website

https://www.mfs.com

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

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