MFS Municipal Income Fund Class A1 (MMIDX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.26
+0.04 (0.49%)
Feb 5, 2025, 4:00 PM EST
0.85%
Fund Assets 4.84B
Expense Ratio 0.51%
Min. Investment $1,000
Turnover n/a
Dividend (ttm) 0.31
Dividend Yield 3.57%
Dividend Growth 6.74%
Payout Frequency Monthly
Ex-Dividend Date Jan 31, 2025
Previous Close 8.22
YTD Return 0.61%
1-Year Return 4.35%
5-Year Return 3.70%
52-Week Low n/a
52-Week High n/a
Beta (5Y) n/a
Holdings 2104
Inception Date Jun 25, 2007

About MMIDX

The Fund's investment strategy focuses on Gen & Ins Muni with 0.52% total expense ratio. The minimum amount to invest in MFS Municipal Series Trust: MFS Municipal Income Fund; Class A1 Shares is $1,000 on a standard taxable account. MFS Municipal Series Trust: MFS Municipal Income Fund; Class A1 Shares seeks total return with an emphasis on income exempt from federal income tax, but also considering capital appreciation. MMIDX, under normal market conditions, invests the funds assets in investment grade quality debt instruments, but may also invest in below investment grade quality debt instruments.

Category Muni National Long
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol MMIDX
Share Class A1
Index Bloomberg Municipal Bond TR

Performance

MMIDX had a total return of 4.35% in the past year. Since the fund's inception, the average annual return has been 3.60%, including dividends.

Equivalent Funds

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

Symbol Provider Name Expense Ratio
FKISX Fidelity Fidelity Advisor Municipal Income Fund - Class C 1.50%
SWHYX Schwab Schwab Opportunistic Municipal Bond 0.50%
FHUGX Fidelity Fidelity Advisor Municipal Income Fund - Class A 0.77%
FROGX Fidelity Fidelity Advisor Municipal Income Fund - Class I 0.52%

Other Share Classes

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

Symbol Share Class Expense Ratio
MPMNX R6 0.44%
MIMIX I 0.51%
MFIAX A 0.76%
MMIGX B1 1.26%

Top 10 Holdings

6.21% of assets
Name Symbol Weight
Currency Cash CASH_USD n/a 1.93%
TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5% TX TMGUTL 01.01.2054 0.56%
NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV 5% NC NCSTRN 5 01.01.2058 0.52%
NEW YORK TRANSN DEV CORP SPL FAC REV 5.13% NY NYTTRN 5.12 06.30.2060 0.50%
NATIONAL FIN AUTH N H LEASE RENT REV 5.88% NH NFADEV 5.88 12.15.2038 0.48%
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% CA CCEDEV 01.01.2054 0.47%
NEW YORK TRANSN DEV CORP SPL FAC REV 5.25% NY NYTTRN 5.25 12.31.2054 0.47%
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5.5% AL BBEUTL 10.01.2054 0.42%
PHILADELPHIA PA AUTH FOR INDL DEV HOSP REV 5.5% PA PHIMED 5.5 07.01.2053 0.42%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% PR PRCGEN 5 07.01.2058 0.42%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Jan 31, 2025 $0.02655 Feb 3, 2025
Dec 31, 2024 $0.02612 Dec 31, 2024
Nov 29, 2024 $0.02513 Dec 2, 2024
Oct 31, 2024 $0.02731 Nov 1, 2024
Sep 30, 2024 $0.0256 Oct 1, 2024
Aug 30, 2024 $0.02588 Sep 3, 2024
Full Dividend History