MFS Municipal Income A1 (MMIDX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.18
+0.02 (0.25%)
Oct 10, 2025, 4:00 PM EDT
0.25%
Fund Assets6.16B
Expense Ratio0.51%
Min. Investment$1,000
Turnover9.00%
Dividend (ttm)0.31
Dividend Yield3.68%
Dividend Growth4.05%
Payout FrequencyMonthly
Ex-Dividend DateSep 30, 2025
Previous Close8.16
YTD Return0.85%
1-Year Return0.65%
5-Year Return4.93%
52-Week Low7.76
52-Week High8.39
Beta (5Y)n/a
Holdings2141
Inception DateJun 25, 2007

About MMIDX

MFS Municipal Income Fund Class A1 is a mutual fund that centers its investment strategy on generating tax-exempt income, primarily by investing in municipal bonds issued by U.S. state and local governments. Its objective is to deliver total return with a strong emphasis on income that is generally exempt from federal income tax, while also considering opportunities for capital appreciation. The fund maintains a diversified portfolio, with over 98% of assets in municipal securities, and minimal allocations to high yield and investment-grade corporate bonds. Managed by an experienced team leveraging a data-driven, risk-averse approach, it focuses on consistent long-term performance and robust risk management. The fund features a monthly dividend payout structure, making it relevant for investors prioritizing steady, tax-advantaged income streams. With net assets exceeding $5.8 billion as of mid-2025, MFS Municipal Income Fund Class A1 holds a significant place in the national long-term municipal bond category, supporting public infrastructure while serving as a key offering for investors seeking efficient exposure to the municipal fixed-income market.

Fund Family MFS
Category Muni National Long
Stock Exchange NASDAQ
Ticker Symbol MMIDX
Share Class A1
Index Bloomberg Municipal Bond TR

Performance

MMIDX had a total return of 0.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.48%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FLUVXFidelityFidelity Advisor Municipal Income M0.75%
FKISXFidelityFidelity Advisor Municipal Income C1.50%
FROGXFidelityFidelity Advisor Municipal Income I0.51%
FUENXFidelityFidelity Flex Municipal Incomen/a
FHIGXFidelityFidelity Municipal Income0.44%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
MPMNXR60.44%
MIMIXI0.51%
MFIAXA0.76%
MMIGXB11.26%

Top 10 Holdings

5.36% of assets
NameSymbolWeight
Currency Cash CASH_USDn/a1.31%
TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5%TX.TMGUTL 01.01.20540.55%
NEW YORK TRANSN DEV CORP SPL FAC REV 5.25%NY.NYTTRN 5.25 06.30.20600.49%
NEW YORK TRANSN DEV CORP SPL FAC REV 5.13%NY.NYTTRN 5.12 06.30.20600.48%
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25%CA.CCEDEV 01.01.20540.48%
NATIONAL FIN AUTH N H LEASE RENT REV 5.88%NH.NFADEV 5.88 12.15.20380.47%
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5.5%AL.BBEUTL 10.01.20540.43%
NATIONAL FIN AUTH N H REV 5.5%NH.NFADEV 5.5 06.01.20500.41%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%PR.PRCGEN 5 07.01.20580.38%
VIRGINIA ST HSG DEV AUTH 4.88%VA.VASHSG 4.88 08.01.20650.36%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Sep 30, 2025$0.02697Oct 1, 2025
Aug 29, 2025$0.02707Sep 2, 2025
Jul 31, 2025$0.027Aug 1, 2025
Jun 30, 2025$0.02599Jul 1, 2025
May 30, 2025$0.02666Jun 2, 2025
Apr 30, 2025$0.02564May 1, 2025
Full Dividend History