MFS Investment Grade Municipal Trust is a US-based company operating in industry. The company is headquartered in Boston, Massachusetts. MFS Investment Grade Municipal Trust (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to seek high current income exempt from federal income tax but may also consider capital appreciation. The Fund invests, under normal market conditions, at least 80% of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in tax-exempt bonds and tax-exempt notes. The company may also invest in below-investment grade quality debt instruments. The company may invest 25% or more of the Fund’s total assets in municipal instruments that finance similar types of projects, such as those relating to education, healthcare, housing, utilities, water, or sewers. The Fund offers a Dividend Reinvestment and Cash Purchase Plan that allows common shareholders to reinvest either all the distributions paid by the Fund or only the long-term capital gains. The Fund's investment adviser is Massachusetts Financial Services Company.
Industry: UNKNOWN
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