MFS Municipal Income Fund Class A (MFIAX)
| Fund Assets | 6.65B |
| Expense Ratio | 0.76% |
| Min. Investment | $1,000 |
| Turnover | 9.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.48% |
| Dividend Growth | 3.91% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 8.53 |
| YTD Return | n/a |
| 1-Year Return | 3.46% |
| 5-Year Return | 3.20% |
| 52-Week Low | 7.88 |
| 52-Week High | 8.57 |
| Beta (5Y) | 0.30 |
| Holdings | 2239 |
| 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 3.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.48%.
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% |
Top 10 Holdings
6.15% of assets| Name | Symbol | Weight |
|---|---|---|
| Currency Cash CASH_USD | n/a | 2.37% |
| TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5% | TX.TMGUTL 01.01.2054 | 0.52% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 5.25% | NY.NYTTRN 5.25 06.30.2060 | 0.45% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 5.13% | NY.NYTTRN 5.12 06.30.2060 | 0.45% |
| NATIONAL FIN AUTH N H LEASE RENT REV 5.88% | NH.NFADEV 5.88 12.15.2038 | 0.43% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% | CA.CCEDEV 01.01.2054 | 0.42% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5.5% | AL.BBEUTL 10.01.2054 | 0.40% |
| NATIONAL FIN AUTH N H REV 5.5% | NH.NFADEV 5.5 06.01.2050 | 0.38% |
| PHILADELPHIA PA AUTH FOR INDL DEV HOSP REV 5.5% | PA.PHIMED 5.5 07.01.2053 | 0.37% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | PR.PRCGEN 5 07.01.2058 | 0.36% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Jul 31, 2025 | $0.02528 | Aug 1, 2025 |