MFS High Income Municipal Closed Fund (CXE) — Financial Flexibility Index

Latest as of November 2025: 0.04x

MFS High Income Municipal Closed Fund (CXE) has a Financial Flexibility Index of 0.04x as of November 2025. Free cash flow of $3.10 Million (operating CF $3.10 Million minus capex $3.00) represents 0% of total liabilities ($83.53 Million). Check MFS High Income Municipal Closed Fund cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.04x
Free Cash Flow / Total Liabilities

Free Cash Flow

$3.10 Million
Operating CF − Capex

Total Liabilities

$83.53 Million
USD

Capital Expenditures

$3.00
USD

MFS High Income Municipal Closed Fund Financial Flexibility Index (2006–2025)

Historical Financial Flexibility Index trend for MFS High Income Municipal Closed Fund across 17 annual periods. For the full cash flow conversion analysis, see MFS High Income Municipal Closed Fund operating cash flow efficiency.

Annual Financial Flexibility Index for MFS High Income Municipal Closed Fund (2006–2025)

Year-by-year free cash flow to debt coverage for MFS High Income Municipal Closed Fund. Explore CXE operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.07x $5.97 Million $5.97 Million $83.53 Million ▲ +5.0%
2024 0.07x $5.60 Million $5.60 Million $82.25 Million ▼ -42.7%
2023 0.12x $10.00 Million $10.00 Million $84.07 Million ▼ -40.2%
2022 0.20x $17.39 Million $17.39 Million $87.41 Million ▼ -75.2%
2021 0.80x $7.89 Million $7.89 Million $9.84 Million ▲ +938.1%
2020 0.08x $7.62 Million $7.62 Million $98.69 Million ▼ -3.9%
2019 0.08x $7.87 Million $7.87 Million $98.04 Million ▼ -11.7%
2018 0.09x $9.06 Million $9.06 Million $99.66 Million ▼ -3.2%
2017 0.09x $9.36 Million $9.36 Million $99.66 Million ▲ +2.1%
2016 0.09x $9.07 Million $9.07 Million $98.58 Million ▼ -32.9%
2015 0.14x $12.74 Million $12.74 Million $92.96 Million ▲ +27.7%
2014 0.11x $9.90 Million $9.90 Million $92.22 Million ▼ -1.7%
2013 0.11x $10.15 Million $10.15 Million $92.96 Million ▲ +52.9%
2012 0.07x $6.78 Million $6.78 Million $94.84 Million ▲ +101.4%
2008 -5.10x $-49.85 Million $-49.85 Million $9.77 Million ▲ +58.2%
2007 -12.20x $-11.08 Million $-11.08 Million $907.88K ▼ -356.8%
2006 4.75x $20.61 Million $20.61 Million $4.34 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities