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Morningstar

MFS Municipal Income B1 MMIGX

Morningstar Analyst Rating
Analyst rating as of
  • NAV / 1-Day Return 8.22  /  0.02 %
  • Total Assets 4.5 Bil
  • Adj. Expense Ratio
    1.200%
  • Expense Ratio 1.220%
  • Distribution Fee Level Low
  • Share Class Type —
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Limited
  • TTM Yield 2.19%
  • Effective Duration 8.61 years

USD | NAV as of Jan 27, 2023 | 1-Day Return as of Jan 27, 2023, 11:12 PM GMT+00:00

Morningstar’s Analysis MMIGX

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 muni group manages this offering.

Analyst

Summary

| by Thomas Murphy

MFS Municipal Income’s experienced and collaborative team employs a structured, bottom-up approach underpinned by strong analytical tools and a focus on risk management. The strategy earns a Morningstar Analyst Rating of Bronze on its cheapest share classes, while its pricier shares range from Neutral to Negative.

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