Robert Manning - MFS High Trustee

CXE Stock  USD 3.79  0.01  0.26%   

Executive

Mr. Robert J. Manning is Trustee of the Company since 2010 since 2010.
Age 56
Tenure 14 years
Address 111 Huntington Avenue, Boston, MA, United States, 02199
Phone617 954 5000
Webhttps://www.mfs.com/en-us/individual-investor/prod
Manning is Chairman and CoChief Executive Officer of MFS and in this capacity heads its Board of Directors. He has substantial executive and investment management experience, having worked for MFS for 30 years.

Robert Manning Latest Insider Activity

Tracking and analyzing the buying and selling activities of Robert Manning against MFS High stock is an integral part of due diligence when investing in MFS High. Robert Manning insider activity provides valuable insight into whether MFS High is net buyers or sellers over its current business cycle. Note, MFS High insiders must abide by specific rules, including filing SEC forms every time they buy or sell MFS High'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
 
Robert Manning over two months ago
Insider Trading

MFS High Management Efficiency

The company has Return on Asset of 0.0249 % which means that on every $100 spent on assets, it made $0.0249 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0451 %, implying that it generated $0.0451 on every 100 dollars invested. MFS High's management efficiency ratios could be used to measure how well MFS High manages its routine affairs as well as how well it operates its assets and liabilities. At present, MFS High's Return On Assets are projected to slightly decrease based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.03, whereas Return On Capital Employed is forecasted to decline to 0.03. At present, MFS High's Net Tangible Assets are projected to decrease significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 28.6 K, whereas Total Current Assets are forecasted to decline to about 4.5 M.
MFS High Income has 81.46 M in debt with debt to equity (D/E) ratio of 0.68, which is OK given its current industry classification. MFS High Income has a current ratio of 1.98, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for MFS to invest in growth at high rates of return.

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MFS High Income Municipal Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. MFS High Income Municipal Trust was formed on February 17, 1989 and is domiciled in United States. Colonial High is traded on New York Stock Exchange in the United States. MFS High Income (CXE) is traded on New York Stock Exchange in USA. It is located in 111 Huntington Avenue, Boston, MA, United States, 02199 and employs 30 people. MFS High is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

MFS High Income Leadership Team

Elected by the shareholders, the MFS High's board of directors comprises two types of representatives: MFS High inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MFS. The board's role is to monitor MFS High's management team and ensure that shareholders' interests are well served. MFS High's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MFS High's outside directors are responsible for providing unbiased perspectives on the board's policies.
James Kilman, Independent Trustee
Amanda Mooradian, Assistant Secretary, Assistant Clerk
Susan Pereira, Assistant Secretary, Assistant Clerk
Laurie Thomsen, Independent Trustee
John Kavanaugh, Independent Chairman of the Board of Trustees
Robert Manning, Trustee
Maryanne Roepke, Independent Director
Clarence Otis, Independent Trustee
Christopher Bohane, Assistant Secretary, Assistant Clerk
Matthew Stowe, Assistant Secretary, Assistant Clerk
Peter Jones, Independent Trustee
Ethan Corey, Assistant Secretary and Assistant Clerk
James Yost, Deputy Treasurer
Steven Buller, Independent Director
Frank Tarantino, Independent Chief Compliance Officer
Thomas Connors, Assistant Secretary, Assistant Clerk
David DiLorenzo, Treasurer
Brian Langenfeld, Assistant Secretary, Assistant Clerk
Maureen Goldfarb, Independent Trustee
Michael Roberge, Trustee
Heidi Hardin, Secretary, Clerk
Kasey Philips, Assistant Treasurer
Kasey Phillips, Assistant Treasurer
Gary CFA, Portfolio Manager
Robin Stelmach, President, Trustee
John Clark, Assistant Treasurer
Richard Weitzel, Assistant Secretary, Assistant Clerk
Kino Clark, Assistant Treasurer
Martin Wolin, Chief Compliance Officer
John Caroselli, Independent Trustee

MFS Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is MFS High a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether MFS High Income is a strong investment it is important to analyze MFS High's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MFS High's future performance. For an informed investment choice regarding MFS Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in MFS High Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
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Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MFS High. If investors know MFS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MFS High listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.694
Dividend Share
0.161
Earnings Share
0.18
Revenue Per Share
0.32
Quarterly Revenue Growth
(0.03)
The market value of MFS High Income is measured differently than its book value, which is the value of MFS that is recorded on the company's balance sheet. Investors also form their own opinion of MFS High's value that differs from its market value or its book value, called intrinsic value, which is MFS High's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MFS High's market value can be influenced by many factors that don't directly affect MFS High's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MFS High's value and its price as these two are different measures arrived at by different means. Investors typically determine if MFS High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MFS High's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.