MFS Investment Grade Municipal Trust is a diversified closed-end management investment company focused on delivering high current income exempt from federal income tax. Its primary objective is to invest at least 80% of its net assets in investment-grade, tax-exempt municipal bonds and notes, making it a key option for investors seeking tax-advantaged income. The trust's portfolio spans multiple sectors typically financed through municipal issuance, including healthcare, general obligations, education, water and sewer utilities, transportation infrastructure, and state and local government projects. Managed by Massachusetts Financial Services Company, the fund may also allocate a portion of assets to below-investment-grade debt instruments and cash for liquidity purposes. MFS Investment Grade Municipal Trust offers a Dividend Reinvestment and Cash Purchase Plan, providing shareholders with options for compounding their returns. As an established player in the municipal bond market, the trust serves as a strategic vehicle for investors looking to access broad, professionally managed exposure to high-quality municipal credit, supporting essential public infrastructure and services while aiming to preserve capital and maintain steady tax-advantaged distributions.
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