MFS Municipal High Income C (MMHCX)
| Fund Assets | 5.03B |
| Expense Ratio | 1.61% |
| Min. Investment | $1,000 |
| Turnover | 12.00% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 3.35% |
| Dividend Growth | 1.14% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 7.40 |
| YTD Return | -0.13% |
| 1-Year Return | -0.75% |
| 5-Year Return | 1.38% |
| 52-Week Low | 7.08 |
| 52-Week High | 7.67 |
| Beta (5Y) | 0.33 |
| Holdings | 1950 |
| Inception Date | Sep 25, 1998 |
About MMHCX
MFS Municipal High Income Fund Class C is a mutual fund specializing in high-yield municipal securities. Its primary purpose is to generate a total return, emphasizing high levels of income that are exempt from federal income tax, while also considering capital appreciation. The fund typically invests at least 80% of its net assets in municipal bonds, including those that are unrated or rated below investment grade, which classifies them as high-yield or non-investment grade within the municipal debt market. Notably, over 98% of the portfolio is allocated to municipal securities, with a small fraction in high-yield corporates and cash equivalents. The fund’s diversified holdings provide exposure to various issuers and sectors across the U.S. municipal bond landscape. Managed by an experienced investment team, this fund leverages rigorous risk analysis, both quantitative and qualitative, to maintain a risk-aware, consistent approach. With monthly dividend payouts and a net expense ratio of 1.61%, it caters to investors seeking regular, tax-advantaged income. Since its inception in 1998, the fund has maintained a presence in the high-yield muni category, providing a crucial role for investors wanting federal tax-exempt income and willing to accept higher credit risk for potentially greater income yields.
Performance
MMHCX had a total return of -0.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.11%.
Top 10 Holdings
6.78% of assets| Name | Symbol | Weight |
|---|---|---|
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | PR.PRCGEN 5 07.01.2058 | 1.95% |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | OH.BUCGEN 5 06.01.2055 | 0.66% |
| BERKS CNTY PA MUN AUTH REV 5% | PA.BERFAC 5 06.30.2039 | 0.63% |
| Currency Cash CASH_USD | n/a | 0.56% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% | CA.CCEDEV 01.01.2054 | 0.56% |
| CHICAGO ILL 5% | IL.CHI 5 01.01.2033 | 0.51% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 5.13% | NY.NYTTRN 5.12 06.30.2060 | 0.49% |
| NATIONAL FIN AUTH N H LEASE RENT REV 5.88% | NH.NFADEV 5.88 12.15.2038 | 0.48% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 5.25% | NY.NYTTRN 5.25 06.30.2060 | 0.47% |
| TOBACCO SETTLEMENT AUTH IOWA TOB SETTLEMENT REV 0% | IA.TOBGEN 0 06.01.2065 | 0.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.02069 | Oct 1, 2025 |
| Aug 29, 2025 | $0.02115 | Sep 2, 2025 |
| Jul 31, 2025 | $0.02124 | Aug 1, 2025 |
| Jun 30, 2025 | $0.02028 | Jul 1, 2025 |
| May 30, 2025 | $0.02065 | Jun 2, 2025 |
| Apr 30, 2025 | $0.01974 | May 1, 2025 |