MFS Municipal Income Fund Class A1 (MMIDX)
| Fund Assets | 6.65B |
| Expense Ratio | 0.51% |
| Min. Investment | $1,000 |
| Turnover | 9.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.71% |
| Dividend Growth | 3.50% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 8.54 |
| YTD Return | 0.12% |
| 1-Year Return | 3.84% |
| 5-Year Return | 4.48% |
| 52-Week Low | 7.87 |
| 52-Week High | 8.57 |
| Beta (5Y) | n/a |
| Holdings | 2239 |
| Inception Date | Jun 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.
Performance
MMIDX had a total return of 3.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.61%.
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 | $0.02738 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02624 | Dec 1, 2025 |
| Oct 31, 2025 | $0.02756 | Nov 3, 2025 |
| Sep 30, 2025 | $0.02697 | Oct 1, 2025 |
| Aug 29, 2025 | $0.02707 | Sep 2, 2025 |
| Jul 31, 2025 | $0.027 | Aug 1, 2025 |