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Morningstar

MFS Municipal High Income I MMIIX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 6.77  /  0.57 %
  • Total Assets 4.1 Bil
  • Adj. Expense Ratio
    0.610%
  • Expense Ratio 0.610%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 4.61%
  • Effective Duration 9.59 years

USD | NAV as of Oct 04, 2023 | 1-Day Return as of Oct 04, 2023, 12:25 AM GMT+0

Morningstar’s Analysis MMIIX

Will MMIIX 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 MMIIX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the MMIIX 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 MMIIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Remains a solid high-yield muni option despite recent missteps.

Analyst Thomas Murphy

Thomas Murphy

Analyst

Summary

MFS Municipal High Income’s experienced and collaborative team follows a structured process underpinned by strong analytical tools and a focus on risk management.

by Thomas Murphy
Rated on Published on

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Portfolio Holdings MMIIX

More MMIIX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 1919
  • Other Holdings 5
  • % Assets in Top 10 Holdings 8.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%

2.21
95,923,042
municipal

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

1.58
68,531,160
municipal

NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY MTG REV 4.5%

1.06
45,999,294
municipal

NEW JERSEY ST TRANSN TR FD AUTH 0%

0.63
27,287,955
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25%

0.62
27,089,689
municipal

CHICAGO ILL 5%

0.59
25,764,776
municipal

NEW YORK LIBERTY DEV CORP LIBERTY REV 5%

0.56
24,253,860
municipal

GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 3.85%

0.53
22,792,112
municipal

CHICAGO ILL BRD ED DEDICATED CAP IMPT 6%

0.49
21,330,902
municipal

PUBLIC FIN AUTH WIS LTD OBLIG GRNT REV 6.25%

0.48
20,911,475
municipal