2 Winning Muni Funds
MFS Municipal Income MFIAX and T. Rowe Price Tax-Free Income have a lot to offer.
Elizabeth Foos: Both MFS Municipal Income and T. Rowe Price Tax-Free Income have a lot to offer muni investors.
Both funds are included in Morningstar’s muni national long category and are run by experienced teams with sophisticated analytic tools that they use to build their portfolios. Yet, a closer look at these funds reveals some noteworthy differences.
Elizabeth Foos does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.