MFS Intermediate High Income Fund Common Stock (CIF)

FairStock Score: 61/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

At the close on 2026-06-22, this closed-end fund traded at $1.77 with a $29.1 million market cap. FairStock's calculations show a P/E of 12.64, P/B of 0.96, ROE of 7.75%, ROCE of 3.68%, and debt-to-equity of 0.45. The 10.87% dividend yield is the main attraction, but a fund is not a business with a moat; it is a portfolio of high-yield debt managed by MFS. Its edge, if any, is manager skill and access to the high-yield market, not pricing power or brand. The small size hints at liquidity limits. Valuation has two sides. The Graham Number is $2.41, and FairStock reports a 26.56% margin of safety; P/B below 1 also suggests the price is modest versus book value. Yet Piotroski F-Score 2/9 and Altman Z-Score 0.87 point to weak financial health, though these operating-company tests fit a leveraged closed-end fund imperfectly. Beta of 0.69 implies lower volatility than the broad market, and the 52-week range $1.57-$1.77 places the price at the high end, not a distressed level. Growth is unproven: revenue and profit growth are N/A, and the Lynch category is none because only 0 years of filed results exist, while the rules need 3. FairStock Score 61/100 is middling. I would want evidence that distributions are covered by income and that book value is stable. Without that, a high yield plus a small discount is not enough. The price looks potentially cheap on asset and Graham measures, but the weak health scores and lack of filed history demand caution.

In plain English: This fund owns a mix of higher-income U.S. debt and is run by MFS. The main draw is its high income payout, but the financial health measures given are weak and growth is not proven. At $1.77, some value measures suggest the price is below what the numbers imply, though the shares sit at the top of their 52-week range.

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Data as of 2026-06-22 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer