An experienced team equipped with strong analytic tools remains at the helm of MFS Municipal Income. The strategy earns a Morningstar Analyst Rating of Bronze on its cheaper share classes and Neutral on its more expensive shares.
MFS Municipal Income B1 MMIGX
NAV / 1-Day Return
9.07
/
0.01
%
Total Assets
5.6 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.230%
Expense Ratio
1.270%
Fee Level
Low
Longest Manager Tenure
20.94
years
Category
Muni National Long
Credit Quality / Interest Rate Sensitivity
Medium / ExtensiveMin. Initial Investment
1,000
Status
Limited
TTM Yield
2.07%
Effective Duration
7.08
years
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will MMIGX 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 MMIGX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the MMIGX 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 MMIGX’s parent organization’s priorities and whether they’re in line with investors’ interests.
An experienced team and solid process anchor this effort.
