Calculated Bets Pay Off for This Muni Fund
Silver-rated MFS Municipal Income Fund is willing to bet on lower quality bonds, if the price is right.
Beth Foos: MFS Municipal Income Fund is a strong choice for investors looking for tax-free income over the long term.
This fund is managed by a seasoned team that delivers solid returns at a very competitive price. Veteran manager Geoff Schechter has been running this portfolio since 2000. In July 2015, Jason Kosty moved over from the research team to become his comanager here, bringing with him roughly 20 years of industry experience. These two managers work closely with a team of dedicated muni analysts and traders to build this portfolio from the bottom up.
Elizabeth Foos does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.