Kasey Phillips - MFS Municipal Assistant Treasurer

MFM Stock  USD 5.66  0.08  1.43%   

Insider

Kasey Phillips is Assistant Treasurer of MFS Municipal Income since 2012.
Age 49
Tenure 12 years
Address 111 Huntington Avenue, Boston, MA, United States, 02199
Phone617 954 5000
Webhttps://www.mfs.com/en-us/individual-investor/prod

MFS Municipal Management Efficiency

The company has Return on Asset of 0.025 % which means that on every $100 spent on assets, it made $0.025 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0286 %, implying that it generated $0.0286 on every 100 dollars invested. MFS Municipal's management efficiency ratios could be used to measure how well MFS Municipal manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of November 2024, Return On Capital Employed is likely to grow to 0.08, while Return On Tangible Assets are likely to drop 0. At this time, MFS Municipal's Total Assets are very stable compared to the past year. As of the 28th of November 2024, Net Tangible Assets is likely to grow to about 259.6 M, while Total Current Assets are likely to drop about 5.7 M.
MFS Municipal Income has 113.74 M in debt with debt to equity (D/E) ratio of 0.43, which is OK given its current industry classification. MFS Municipal Income has a current ratio of 0.06, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. 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 Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. MFS Municipal Income Trust was founded in November 25, 1986 and and is domiciled in United States. MFS Muni is traded on New York Stock Exchange in the United States. MFS Municipal Income (MFM) is traded on New York Stock Exchange in USA. It is located in 111 Huntington Avenue, Boston, MA, United States, 02199 and employs 31 people. MFS Municipal is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

MFS Municipal Income Leadership Team

Elected by the shareholders, the MFS Municipal's board of directors comprises two types of representatives: MFS Municipal 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 Municipal's management team and ensure that shareholders' interests are well served. MFS Municipal'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 Municipal'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 and Assistant Clerk
Laurie Thomsen, Independent Trustee
John Kavanaugh, Independent Chairman of the Board of Trustees
Robert Manning, Interested Trustee, CEO of MFS Investment Management and President of MFS Investment Management
CFA CPA, Portfolio Manager
Maryanne Roepke, Independent Trustee
Clarence Otis, Independent Trustee
Christopher Bohane, Assistant Secretary and Assistant Clerk
Matthew Stowe, Assistant Secretary and Assistant clerk
Peter Jones, Independent Trustee
Robyn Griffin, Assistant Officer
Ethan Corey, Assistant Secretary and Assistant Clerk
James Yost, Deputy Treasurer
Steven Buller, Independent Trustee
Frank Tarantino, Independent Chief Compliance Officer
Thomas Connors, Assistant Secretary and Assistant Clerk
David DiLorenzo, Treasurer
Brian Langenfeld, Assistant Secretary and Assistant Clerk
Maureen Goldfarb, Independent Trustee
Michael Roberge, Trustee
Heidi Hardin, Secretary , Clerk
Kasey Philips, Assistant Treasurer
Kasey Phillips, Assistant Treasurer
Robin Stelmach, President Trustee
John Clark, Assistant Treasurer
Richard Weitzel, Assistant Secretary and 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 Municipal 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.

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When determining whether MFS Municipal Income is a strong investment it is important to analyze MFS Municipal'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 Municipal's future performance. For an informed investment choice regarding MFS Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MFS Municipal 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 census.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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 Municipal. 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 Municipal 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
0.228
Dividend Share
0.22
Earnings Share
0.17
Revenue Per Share
0.415
Quarterly Revenue Growth
0.053
The market value of MFS Municipal 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 Municipal's value that differs from its market value or its book value, called intrinsic value, which is MFS Municipal'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 Municipal's market value can be influenced by many factors that don't directly affect MFS Municipal'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 Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if MFS Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MFS Municipal'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.