MFS High Yield Municipal Closed Fund (CMU) — Defensive Interval Ratio
MFS High Yield Municipal Closed Fund (CMU) has a Defensive Interval Ratio of 173 days as of November 2025. Defensive assets of $5.02 Million (cash $-, short-term investments $2.15 Million, receivables $2.87 Million) cover 173 days of daily cash needs of $29.00K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
MFS High Yield Municipal Closed Fund Defensive Interval Ratio (2012–2025)
This chart shows how MFS High Yield Municipal Closed Fund's Defensive Interval Ratio has evolved across 14 annual periods from 2012 to 2025. As of November 2025, the ratio stands at 173 days, meaning defensive assets of $5.02 Million can fund 173 days of operations without new revenue. For the complete balance sheet picture, see CMU asset base.
Annual Defensive Interval Ratio for MFS High Yield Municipal Closed Fund (2012–2025)
The table below presents the year-by-year Defensive Interval Ratio for MFS High Yield Municipal Closed Fund from 2012 to 2025, covering 14 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See MFS High Yield Municipal Closed Fund short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 173 days | $5.02 Million | $29.00K/day | $- | $2.15 Million | ▼ -2082 days |
| 2024 | 2255 days | $2.49 Million | $1.11K/day | $- | $- | ▲ +1791 days |
| 2023 | 465 days | $2.49 Million | $5.36K/day | $- | $- | ▼ -1096 days |
| 2022 | 1561 days | $3.01 Million | $1.93K/day | $- | $- | ▲ +1285 days |
| 2021 | 275 days | $5.91 Million | $21.46K/day | $- | $- | ▼ -1396 days |
| 2020 | 1672 days | $3.97 Million | $2.37K/day | $- | $- | ▼ -2895 days |
| 2019 | 4567 days | $4.18 Million | $915.73/day | $- | $- | ▲ +3654 days |
| 2018 | 913 days | $4.40 Million | $4.82K/day | $- | $223.50K | ▲ +97 days |
| 2017 | 815 days | $4.01 Million | $4.92K/day | $- | $229.50K | ▲ +420 days |
| 2016 | 395 days | $1.02 Million | $2.58K/day | $338.60K | $338.60K | ▼ -453 days |
| 2015 | 848 days | $2.08 Million | $2.45K/day | $- | $304.80K | ▲ +119 days |
| 2014 | 729 days | $3.93 Million | $5.39K/day | $- | $- | ▼ -729 days |
| 2013 | 1458 days | $3.62 Million | $2.48K/day | $- | $- | ▲ +792 days |
| 2012 | 666 days | $4.30 Million | $6.45K/day | $- | $- | — |