MFS High Income Municipal Closed Fund (CXE) — Cash Flow Quality Index

Latest as of November 2025: 0.34x

MFS High Income Municipal Closed Fund (CXE) has a Cash Flow Quality Index of 0.34x as of November 2025. Operating cash flow of $3.10 Million is below net income of $9.24 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore MFS High Income Municipal Closed Fund cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.34x
Operating CF / Net Income

Operating Cash Flow

$3.10 Million
USD

Net Income

$9.24 Million
USD

Data as of

Nov 2025
Most recent filing

MFS High Income Municipal Closed Fund Cash Flow Quality Index (2006–2025)

Historical Cash Flow Quality Index for MFS High Income Municipal Closed Fund across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of MFS High Income Municipal Closed Fund.

Annual Cash Flow Quality Index for MFS High Income Municipal Closed Fund (2006–2025)

Year-by-year earnings quality comparison for MFS High Income Municipal Closed Fund.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 78.88x $5.97 Million $75.69K ▲ +22960.3%
2024 0.34x $5.60 Million $16.37 Million ▼ -91.6%
2023 4.08x $10.00 Million $2.45 Million ▲ +551.6%
2021 0.63x $7.89 Million $12.60 Million ▼ -93.4%
2020 9.53x $7.62 Million $799.43K ▲ +1856.3%
2019 0.49x $7.87 Million $16.16 Million ▼ -76.0%
2018 2.03x $9.06 Million $4.47 Million ▲ +189.1%
2017 0.70x $9.36 Million $13.35 Million ▼ -72.7%
2016 2.57x $9.07 Million $3.53 Million ▲ +93.0%
2015 1.33x $12.74 Million $9.58 Million ▲ +221.7%
2014 0.41x $9.90 Million $23.95 Million ▲ +108.5%
2012 0.20x $6.78 Million $34.17 Million ▼ -76.3%
2006 0.84x $20.61 Million $24.63 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.