Skip to Content

MFS Municipal High Income C MMHCX

Analyst rating as of
NAV / 1-Day Return
8.76  /  0.01 %
Total Assets
6.5 Bil
Adj. Expense Ratio
1.650%
Expense Ratio
1.650%
Fee Level
Above Average
Longest Manager Tenure
18.81 years
Category
High Yield Muni
Credit Quality / Interest Rate Sensitivity
Low / Extensive
Min. Initial Investment
1,000
Status
Open
TTM Yield
2.34%
Effective Duration
7.62 years
Premium

Morningstar’s Analysis

Will MMHCX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

MFS Municipal High Income Adds a Manager

Senior Analyst

Analyst Note

| |

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.

Unlock our full analysis with Morningstar Premium

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

We’d like to share more about how we work and what drives our day-to-day business.

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

How we use your information depends on the product and service that you use and your relationship with us. We may use it to:

  • Verify your identity, personalize the content you receive, or create and administer your account.
  • Provide specific products and services to you, such as portfolio management or data aggregation.
  • Develop and improve features of our offerings.
  • Gear advertisements and other marketing efforts towards your interests.

To learn more about how we handle and protect your data, visit our privacy center.

Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.