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MFS Municipal High Income C MMHCX

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Morningstar’s Analysis

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MFS Municipal High Income Adds a Manager

Senior Analyst

Analyst Note

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On March 31, 2021, MFS muni portfolio manager Jason Kosty will join managers Gary Lasman and Geoffrey Schechter on MFS Municipal High Income. Kosty joined the firm in 2003 as a research analyst and became a named manager of MFS Municipal Income MFIAX in 2015. Prior to joining MFS, Kosty worked as a research associate and a municipal-bond analyst for Columbia Management Group. In his current role as investment officer and a portfolio manager, he's responsible for final buy-and-sell decisions, portfolio construction, and risk and cash management, and he also participates in the research process and strategy discussions. Schechter and Lasman, who have managed MFS Municipal High Income since 2002 and 2006, respectively, will continue to serve as managers on the strategy, and the investment approach to building the portfolio will remain unchanged. The management team remains experienced and supported by a strong research group. With that, the strategy retains its Above Average People Pillar rating and Morningstar Analyst Ratings of Bronze on its cheaper share classes and Neutral on its more expensive shares.

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