Longtime MFS municipal-bond manager Geoffrey Schechter will retire on Sept. 1, 2025, according to the firm. Schechter joined MFS in 1993 and has led MFS Municipal High Income and MFS Municipal Income since 2002 and 2000, respectively. His comanagers Megan Poplowski and Jason Kosty, who both have over two decades of muni experience, will absorb his management responsibilities and continue using the same team-based approach after Schechter retires.
MFS Municipal Income A MFIAX
- NAV / 1-Day Return 8.23 / +0.15 %
- Total Assets 5.2 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.760%
- Distribution Fee Level Average
- Share Class Type Front Load
- Category Muni National Long
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 3.42%
- Effective Duration 7.92 years
USD | NAV as of Jun 14, 2024 | 1-Day Return as of Jun 14, 2024, 10:57 PM GMT+0
Morningstar’s Analysis MFIAX
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People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 5.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Currency Cash CASH_USD | 1.39 | 70.7 Mil | Cash and Equivalents |
TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5% | 0.66 | 33.4 Mil | municipal |
NEW YORK TRANSN DEV CORP SPL FAC REV 5.13% | 0.61 | 30.8 Mil | municipal |
NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV 5% | 0.61 | 30.8 Mil | municipal |
NATIONAL FIN AUTH N H LEASE RENT REV 5.88% | 0.56 | 28.3 Mil | municipal |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% | 0.54 | 27.5 Mil | municipal |
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | 0.53 | 27.0 Mil | municipal |
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5.5% | 0.51 | 25.7 Mil | municipal |
PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | 0.49 | 24.7 Mil | municipal |
NEW YORK LIBERTY DEV CORP LIBERTY REV 5% | 0.45 | 23.1 Mil | municipal |