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Morningstar

MFS Municipal Income B MMIBX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 8.26  /  +0.02 %
  • Total Assets 5.3 Bil
  • Adj. Expense Ratio
    1.510%
  • Expense Ratio 1.510%
  • Distribution Fee Level Average
  • Share Class Type —
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Closed
  • TTM Yield 2.65%
  • Effective Duration 7.62 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis MMIBX

Will MMIBX outperform in future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MMIBX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MMIBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MMIBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A solid pick despite team changes on the horizon.

Analyst Thomas Murphy

Thomas Murphy

Analyst

Summary

MFS Municipal Income’s experienced and collaborative team follows a relative-value-driven process that has delivered for investors over the long haul.

by Thomas Murphy
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings MMIBX

More MMIBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 5.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Currency Cash CASH_USD

0.71 37.3 Mil
Cash and Equivalents

TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5%

0.65 34.0 Mil
municipal

NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV 5%

0.59 31.1 Mil
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 5.13%

0.58 30.3 Mil
municipal

NATIONAL FIN AUTH N H LEASE RENT REV 5.88%

0.55 28.9 Mil
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25%

0.54 28.0 Mil
municipal

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

0.52 27.0 Mil
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5.5%

0.49 25.6 Mil
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%

0.48 24.9 Mil
municipal

VIRGINIA ST HSG DEV AUTH 4.88%

0.44 23.0 Mil
municipal