MFS Municipal Income Fund Class A (MFIAX)
| Fund Assets | 6.95B |
| Expense Ratio | 0.76% |
| Min. Investment | $1,000 |
| Turnover | 9.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.45% |
| Dividend Growth | 4.20% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 8.25 |
| YTD Return | 1.36% |
| 1-Year Return | 3.96% |
| 5-Year Return | 4.63% |
| 52-Week Low | 7.85 |
| 52-Week High | 8.63 |
| Beta (5Y) | 0.31 |
| Holdings | 2252 |
| Inception Date | Sep 7, 1993 |
About MFIAX
MFS Municipal Income Fund Class A is a mutual fund designed to deliver a total return with a primary focus on generating income that is exempt from federal income tax, while also considering opportunities for capital appreciation. This fund predominantly invests in high-quality municipal bonds, allocating over 98% of its portfolio to municipal securities, with a minimal percentage in high yield and investment-grade corporate bonds as well as cash equivalents. Managed by a seasoned investment team, the fund utilizes a disciplined risk-budgeting approach and integrates both quantitative tools and fundamental credit research to identify and manage risks. Since its inception in 1986, it has aimed to provide stable, tax-advantaged income suitable for investors with long-term goals and varying risk tolerances. The fund tracks its performance against the Bloomberg Municipal Bond Index, acting as a benchmark for the broader municipal bond market. With substantial net assets, it plays a prominent role in the fixed income market, particularly for investors seeking federally tax-exempt income through a diversified municipal bond portfolio.
Performance
MFIAX had a total return of 3.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.51%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLUVX | Fidelity | Fidelity Advisor Municipal Income Fund - Class M | 0.75% |
| FKISX | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.51% |
| FUENX | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| FHIGX | Fidelity | Fidelity Municipal Income Fund | 0.44% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02596 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02559 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02451 | Dec 1, 2025 |
| Oct 31, 2025 | $0.02577 | Nov 3, 2025 |
| Sep 30, 2025 | $0.02527 | Oct 1, 2025 |
| Aug 29, 2025 | $0.02535 | Sep 2, 2025 |