MFS Municipal Income Fund Class C (MMICX)
| Fund Assets | 6.95B |
| Expense Ratio | 1.51% |
| Min. Investment | $1,000 |
| Turnover | 9.00% |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 2.88% |
| Dividend Growth | 5.83% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 8.27 |
| YTD Return | 0.99% |
| 1-Year Return | 3.87% |
| 5-Year Return | 0.03% |
| 52-Week Low | 7.59 |
| 52-Week High | 8.27 |
| Beta (5Y) | n/a |
| Holdings | 2252 |
| Inception Date | Jan 3, 1994 |
About MMICX
MFS Municipal Income Fund Class C is a mutual fund focused on providing investors with income that is generally exempt from federal income tax, predominantly through investments in U.S. municipal bonds. Managed under the MFS Municipal Series Trust, this fund allocates at least 80% of its net assets to securities whose interest income is free from federal taxation, making it attractive to individuals seeking tax-advantaged income. Its portfolio is broadly diversified, with investments across state and local government bonds, spanning many issuers and sectors to help mitigate risk. The fund primarily holds investment-grade municipal debt but may also include below investment grade securities in pursuit of its total return objective, which combines tax-exempt income with the potential for some capital appreciation. MFS Municipal Income Fund Class C distributes income monthly and is designed for investors preferring steady cash flows. The fund has a long-standing track record, having been in operation since 1994, and has a moderate expense ratio relative to comparable municipal bond funds. Its role in the market is to serve as a core tax-sensitive bond holding for investors seeking diversification, income stability, and tax efficiency within their fixed-income allocation.
Performance
MMICX had a total return of 3.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.03%.
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 | $0.02085 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02049 | Dec 31, 2025 |
| Nov 28, 2025 | $0.01956 | Dec 1, 2025 |
| Oct 31, 2025 | $0.02066 | Nov 3, 2025 |
| Sep 30, 2025 | $0.02037 | Oct 1, 2025 |
| Aug 29, 2025 | $0.0204 | Sep 2, 2025 |