Company: CXH
Filing Date: 2025-01-27
Form Type: N-CSR
Source: 0001683863-25-000339
Chunk: 36

Company: MFS INVESTMENT GRADE MUNICIPAL TRUST
Filing Date: 2025-01-27
Form: N-CSR
Chunk 36
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 Financial Statements - continued

| Affiliated Issuers                       | Dividend 
   Income | Capital Gain  
 Distributions |
| MFS Institutional Money Market Portfolio |  $87,143 | $—            |

(8) Preferred Shares As of August 1, 2024, the fund had 438 shares issued and outstanding of RVMTP shares. On August 2, 2024 and August 30, 2024, to reduce leverage attributable to preferred shares, the fund optionally redeemed 56 RVMTP shares and 10 RVMTP shares, respectively, at a redemption price equal to the liquidation preference of $100,000 per share, plus accumulated and unpaid dividends. Effective August 30, 2024, the fund has 372 shares issued and outstanding of RVMTP shares. The outstanding RVMTP shares are redeemable at the option of the fund in whole or in part at the liquidation preference of $100,000 per share, plus accumulated and unpaid dividends, but generally for the purpose of decreasing the leverage of the fund. The RVMTP shares have a stated maturity date of 2051 but are subject to a mandatory early term redemption date of January 20, 2028, and at each 42 month anniversary from that date and subsequent extensions of the RVMTP shares, unless the holder(s) of the RVMTP shares agrees to retain the RVMTP shares. Otherwise, the RVMTP shares are subject to mandatory tender for remarketing to another purchaser. In the event the remarketing is unsuccessful, the RVMTP shares would be subject to redemption at the liquidation preference of $100,000 per share, plus accumulated and unpaid dividends. There is no assurance that the term of the RVMTP shares will be extended or that the RVMTP shares will be replaced with any other preferred shares or other form of leverage upon the redemption of the RVMTP shares. Dividends on the RVMTP shares are cumulative and reset weekly to a fixed spread against the Securities Industry and Financial Markets Association (SIFMA) Municipal Swap Index. During the year ended November 30, 2024, the dividend rates on the RVMTP shares ranged from 2.90% to 5.55%. For the year ended November 30, 2024, the average dividend rate was 4.47%. In the fund’s Statement of Assets and Liabilities, the RVMTP shares aggregate liquidation preference is shown as a liability since they have