CMU / MFS High Yield Municipal Trust - Insider Trading and Ownership Report - SEC Form 3, 4, 5

MFS High Yield Municipal Trust
US ˙ NYSE ˙ US59318E1029

Insider Shares2,486,578 shares
Total Insiders31
Insider Sentiment Score

The Insider Sentiment Score finds the companies being bought by corporate insiders.

It is the result of a sophisticated, multi-factor quantitative model that identifies companies with the highest levels of insider accumulation. The scoring model uses a combination of the net number of insiders buying the prior 90 days, the total shares bought as a percentage of float, and the total shares owned by insiders. The number ranges from 0 to 100, with higher numbers indicating a higher level of accumulation to its peers, and 50 being the average.

Update Frequency: Daily

See Insiders Top Picks, which provides a list of companies with highest insider accumulation.

Officer Sentiment Score

The Officer Sentiment Score finds companies being bought by Corporate Officers.

By definition Corporate Officers are Corporate Insiders, but unlike some of the other Insiders (10% Shareholders and Board Members), Officers work for the company on a daily basis, and they user their own money when trading. (10% Shareholders and Board Members are often fund managers managing other people’s money.) As such, insider trades made by Officers are much more significant and should be treated appropriately.

Like the Insider Sentiment Score, the Officer Sentiment Score is the result of a sophisticated, multi-factor quantitative model that identifies companies with the highest levels of officer accumulation.

Update Frequency: Daily

See Insiders Top Picks, which provides a list of companies with highest insider sentiment.

Key Insider Metrics

This card shows how the company ranks along various insider metrics. The percentile rank shows how this company compares to other companies in the US markets. Higher rankings are indicative of better situations.

For example, it is generally accepted that insider buying is a positive indicator, so companies with more insider buying would rank higher than companies with less insider buying (or even insider selling).

Net Number of Insiders Buying (Rank)

0 ( )

6406 out of 11305

Net Number of Insiders Buying is the total number of insiders buying minus the total number of insiders selling in the last 90 days. The percentile rank is shown here (range from 0 to 100%).

Percent of Float Bought by Insiders (Rank)

0.000 %( )

6334 out of 11224

Percent of Float Bought by Insiders is the total number of shares purchased by insiders minus the total number of shares sold by insiders in the last 90 days, divided by the total float and multiplied by 100.

Insider Trading Chart

MFS High Yield Municipal Trust insider trades are shown in the following chart. Insiders are officers, directors, or significant investors in a company. In general, it is generally illegal for insiders to make trades in their companies based on material, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4.

Insider Roster and Profitability Metrics

This table shows the list known insiders, and is generated automatically from filings disclosed to the SEC. In addition to the names, most recent title, and director, officer, or 10% owner designation, we provide the latest disclosed holdings. Additionally, when possible we provide the historical trade performance for the insider. The historical trade performance is a weighted average of the performance of actual open-market purchase transactions made by the insider. For more information on how this is calculated, watch this YouTube webinar.

See our leaderboard of most profitable insider traders.

Insider Avg Profit (%) Shares
Owned
Split
Adjusted
James R Jr Bordewick CLO, Secretary & Sr. V.P. - [O] 0 0
Kevin Beatty 0
Bohane Christopher R. 0
Bulldog Investors, LLC 10% Owner - [10%] 24,200 24,200
Steven E Buller 0
John A Caroselli 0
Citigroup Inc 10% Owner - [10%] 0 0
Thomas H Connors 0
Kristin V Collins 0
David L DiLorenzo 0
Insider Avg Profit (%) Shares
Owned
Split
Adjusted
Joseph F DiMaria Deputy Treasurer - [O] 0 0
Ty S Edwards Deputy Treasurer - [O] 0 0
Timothy M Fagan 0
Colm J Freyne 0
Geremia Carol W. 0
Jacques Jr Goulet 0
Heidi Hardin 0
Peter Darrell Jones 0
JPMorgan Chase Bank, N.A. 10% Owner - [10%] 510 510
Melissa Kennedy 0
Insider Avg Profit (%) Shares
Owned
Split
Adjusted
Kilman James W. 0
Maloney Edward M. 0
Clarence Jr Otis 0
Stephen Clarkson Peacher 0
Maryanne L Roepke 0
Robin A Stelmach 0
Saba Capital Management, L.P. 10% Owner - [10%] 2,461,868 2,461,868
Kevin D Strain 0
Barry S Vallan Controller - [O] 0 0
Martin J Wolin 0
Linda Wondrack CCO & Sr. VP - [O] 0 0

Report errors via our new Insider Auditing Tool

Track Records of Insider Purchases - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in CMU / MFS High Yield Municipal Trust. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical .

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Max
Price at
Max
Max
Profit ($)
Max Return (%)
2023-11-08 Saba Capital Management, L.P. 10,448 2.9800 10,448 2.9800 31,135 329 3.6900 7,418 23.83
2023-07-24 Saba Capital Management, L.P. 46,009 3.3000 46,009 3.3000 151,830
2023-07-18 Saba Capital Management, L.P. 521 3.2600 521 3.2600 1,698
2023-06-27 Saba Capital Management, L.P. 7,194 3.2400 7,194 3.2400 23,309
2023-06-21 Saba Capital Management, L.P. 3,070 3.1800 3,070 3.1800 9,763
2023-06-08 Saba Capital Management, L.P. 12,874 3.1900 12,874 3.1900 41,068
2023-06-06 Saba Capital Management, L.P. 358,678 3.1500 358,678 3.1500 1,129,836
2023-05-19 Saba Capital Management, L.P. 10,923 3.1800 10,923 3.1800 34,735
2023-05-18 Saba Capital Management, L.P. 179 3.2000 179 3.2000 573

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

CMU / MFS High Yield Municipal Trust Insider Trades
Track Records of Insider Sales - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in CMU / MFS High Yield Municipal Trust. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical .

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Min
Price at
Min
Max Loss
Avoided ($)
Max Loss
Avoided (%)
2023-10-09 Saba Capital Management, L.P. 2,925 3.0500 2,925 3.0500 8,921 18 2.7950 -746 -8.36
2023-10-06 Saba Capital Management, L.P. 2,485 3.0600 2,485 3.0600 7,604
2023-10-05 Saba Capital Management, L.P. 9,230 3.0800 9,230 3.0800 28,428
2023-10-04 Saba Capital Management, L.P. 11,899 3.0900 11,899 3.0900 36,768
2023-10-03 Saba Capital Management, L.P. 6,358 3.1000 6,358 3.1000 19,710

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

CMU / MFS High Yield Municipal Trust Insider Trades
Transaction History

Click the link icon to see the full transaction history. Transactions reported as part of a 10b5-1 automatic trading plan will have an X in the column marked 10b-5.

File
Date
Trade
Date
Form Insider Ticker Security Title Code 10b5-1 Direct Exercise
Price
Unit
Price
Units
Changed
Value
Changed (1K)
Remaining
Options
Remaining
Shares
2025-02-14 3 Bulldog Investors, LLC CMU Common Stock D 24,200
2024-09-13 2024-09-05 4 JPMorgan Chase Bank, N.A. By Trust CMU Remarketable Variable Rate MuniFund Term Preferred Shares J - Other I 510 510
2024-09-13 2024-09-05 4 JPMorgan Chase Bank, N.A. CMU Remarketable Variable Rate MuniFund Term Preferred Shares J - Other D -510 0
2024-09-03 2024-08-30 4 JPMorgan Chase Bank, N.A. CMU Remarketable Variable Rate MuniFund Term Preferred Shares J - Other D -13 510
2024-08-06 2024-08-02 4 JPMorgan Chase Bank, N.A. CMU Remarketable Variable Rate MuniFund Term Preferred Shares J - Other D -77 523
2023-11-13 2023-04-06 4 Saba Capital Management, L.P. - CMU Common Stock P - Purchase I 3.2500 400 1 2,865,443
2023-11-13 2023-11-08 4/A Saba Capital Management, L.P. - CMU Common Stock U - Other I 3.3900 -856,816 -2,905 2,461,868
2023-11-09 2023-11-08 4 Saba Capital Management, L.P. - CMU Common Stock U - Other I 3.3900 -856,816 -2,905 2,472,316
2023-11-09 2023-11-08 4 Saba Capital Management, L.P. - CMU Common Stock P - Purchase I 2.9800 10,448 31 3,329,132
2023-11-07 2023-11-03 4 JPMorgan Chase Bank, N.A. CMU Remarketable Variable Rate MuniFund Term Preferred Shares J - Other D -100 600
2023-10-10 2023-10-09 4 Saba Capital Management, L.P. - CMU Common Stock S - Sale I 3.0500 -2,925 -9 3,318,684
2023-10-10 2023-10-06 4 Saba Capital Management, L.P. - CMU Common Stock S - Sale I 3.0600 -2,485 -8 3,321,609
2023-10-06 2023-10-05 4 Saba Capital Management, L.P. - CMU Common Stock S - Sale I 3.0800 -9,230 -28 3,324,094
2023-10-06 2023-10-04 4 Saba Capital Management, L.P. - CMU Common Stock S - Sale I 3.0900 -11,899 -37 3,333,324
2023-10-03 2023-10-03 4 Saba Capital Management, L.P. - CMU Common Stock S - Sale I 3.1000 -6,358 -20 3,345,223
2023-07-25 2023-07-24 4 Saba Capital Management, L.P. - CMU Common Stock P - Purchase I 3.3000 46,009 152 3,351,581
2023-07-19 2023-07-18 4 Saba Capital Management, L.P. - CMU Common Stock P - Purchase I 3.2600 521 2 3,305,572
2023-06-28 2023-06-27 4 Saba Capital Management, L.P. - CMU Common Stock P - Purchase I 3.2400 7,194 23 3,305,051
2023-06-22 2023-06-21 4 Saba Capital Management, L.P. - CMU Common Stock P - Purchase I 3.1800 3,070 10 3,297,857
2023-06-08 2023-06-08 4 Saba Capital Management, L.P. - CMU Common Stock P - Purchase I 3.1900 12,874 41 3,294,787
2023-06-08 2023-06-06 4 Saba Capital Management, L.P. - CMU Common Stock P - Purchase I 3.1500 358,678 1,130 3,281,913
2023-05-23 2023-05-19 4 Saba Capital Management, L.P. - CMU Common Stock P - Purchase I 3.1800 10,923 35 2,923,235
2023-05-19 2023-05-18 4 Saba Capital Management, L.P. - CMU Common Stock P - Purchase I 3.2000 179 1 2,912,312
2023-05-17 2023-05-16 4 Saba Capital Management, L.P. - CMU Common Stock P - Purchase I 3.2200 12,601 41 2,912,133
2023-05-17 2023-05-15 4 Saba Capital Management, L.P. - CMU Common Stock P - Purchase I 3.2000 12,046 39 2,899,532
2023-05-15 2023-05-12 4 Saba Capital Management, L.P. - CMU Common Stock P - Purchase I 3.1900 576 2 2,887,486
2023-05-15 2023-05-11 4 Saba Capital Management, L.P. - CMU Common Stock P - Purchase I 3.1900 14,574 46 2,886,910
2023-05-08 2023-05-05 4 Saba Capital Management, L.P. - CMU Common Stock P - Purchase I 3.1800 6,893 22 2,872,336
2023-04-10 3 Weinstein Boaz - CMU Common Stock I 2,865,443
2022-11-30 2022-11-28 4 JPMorgan Chase Bank, N.A. CMU Remarketable Variable Rate MuniFund Term Preferred Shares, S S - Sale D -50 700
2021-07-27 3 JPMorgan Chase Bank, N.A. CMU Variable Rate MuniFund Term Preferred Shares, Series 2051 D 750
2021-07-22 2021-07-20 4 CITIGROUP INC By Subsidiary CMU Variable Rate Municipal Term Preferred Shares, Series 2019/3 J - Other I 25,000.0000 -3,000 -75,000 0
2016-04-06 3 CITIGROUP INC By Subsidiary CMU Variable Rate Municipal Term Preferred Shares Series 2019/3 I 6,000
2016-04-06 3 CITIGROUP INC By Subsidiary CMU Variable Rate Municipal Term Preferred Shares Series 2019/3 I 6,000
2016-04-06 2016-03-24 4 CITIGROUP INC By Subsidiary CMU Variable Rate Municipal Term Preferred Shares Series 2016/9 J - Other I 25,000.0000 -2,844 -71,100 0
2012-09-14 2012-09-12 4 CITIGROUP INC By Subsidiary CMU Variable Rate Municipal Term Preferred Shares Series 2016/9 P - Purchase I 25,000.0000 2,844 71,100 2,844
2012-09-14 2012-09-12 4 CITIGROUP INC By Subsidiary CMU Auction Rate Preferred J - Other I 23,750.0000 -1,315 -31,231 0
2007-01-09 3 Wondrack Linda CMU Shares of beneficial interest, no par value per share D 0
2006-02-16 3 Edwards Ty S CMU Shares of beneficial interest, no par value per share D 0
2006-02-15 3 DiMaria Joseph F CMU Shares of beneficial interest, no par value per share D 0
2006-02-14 3 Vallan Barry S CMU Shares of beneficial interest, no par value per share D 0
2006-02-10 3 BORDEWICK JAMES R JR CMU Shares of beneficial interest, no par value per share D 0
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)
Fintel data has been cited in the following publications:
Daily Mail Fox Business Business Insider Wall Street Journal The Washington Post Bloomberg Financial Times Globe and Mail
NASDAQ.com Reuters The Guardian Associated Press FactCheck.org Snopes Politifact
Federal Register The Intercept Forbes Fortune Magazine TheStreet Time Magazine Canadian Broadcasting Corporation International Business Times
Cambridge University Press Investopedia MarketWatch NY Daily News Entrepreneur Newsweek Barron's El Economista