MFS Municipal High Income R6 (MMHKX)
| Fund Assets | 5.03B |
| Expense Ratio | 0.52% |
| Min. Investment | $1,000 |
| Turnover | 12.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 4.41% |
| Dividend Growth | 1.07% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 7.39 |
| YTD Return | -0.50% |
| 1-Year Return | -1.11% |
| 5-Year Return | 5.56% |
| 52-Week Low | 7.06 |
| 52-Week High | 7.66 |
| Beta (5Y) | n/a |
| Holdings | 1950 |
| Inception Date | Jun 2, 2017 |
About MMHKX
MFS Municipal High Income Fund Class R6 is a mutual fund designed to achieve total return, placing strong emphasis on providing high income that is exempt from federal income tax, while also seeking capital appreciation. The fund primarily invests at least 80% of its net assets in municipal bonds and related securities, focusing on high yield municipal debt instruments. Notably, these investments are structured to offer tax-advantaged income, making the fund particularly relevant for investors aiming to optimize after-tax returns. With a diversified portfolio of over 1,900 holdings, the fund maintains a heavy allocation to municipal securities—over 98% as of the latest reporting period—with a minor allocation to high yield corporate bonds and cash equivalents. MFS Municipal High Income Fund Class R6 is managed by an experienced team and utilizes a rigorous, risk-aware investment process underpinned by quantitative and qualitative research. Monthly income distributions are a hallmark, alongside a competitive net expense ratio of approximately 0.52%. The fund plays a significant role in the market by providing access to municipal bond markets for high-income-seeking institutional and retirement plan investors who desire tax-exempt income and broad sector diversification.
Performance
MMHKX had a total return of -1.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.21%.
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 | $0.0271 | Oct 1, 2025 |
| Aug 29, 2025 | $0.02763 | Sep 2, 2025 |
| Jul 31, 2025 | $0.02771 | Aug 1, 2025 |
| Jun 30, 2025 | $0.02661 | Jul 1, 2025 |
| May 30, 2025 | $0.02722 | Jun 2, 2025 |
| Apr 30, 2025 | $0.02604 | May 1, 2025 |