MFS Municipal Income Fund Class B1 (MMIGX)
| Fund Assets | 4.84B |
| Expense Ratio | 1.26% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 3.13% |
| Dividend Growth | 5.35% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 30, 2025 |
| Previous Close | 7.94 |
| YTD Return | -2.70% |
| 1-Year Return | 0.10% |
| 5-Year Return | 0.51% |
| 52-Week Low | 7.77 |
| 52-Week High | 8.43 |
| Beta (5Y) | n/a |
| Holdings | 2120 |
| Inception Date | Jun 25, 2007 |
About MMIGX
The Fund's investment strategy focuses on Gen & Ins Muni with 1.27% total expense ratio. The minimum amount to invest in MFS Municipal Series Trust: MFS Municipal Income Fund; Class B1 Shares is $1,000 on a standard taxable account. MFS Municipal Series Trust: MFS Municipal Income Fund; Class B1 Shares seeks total return with an emphasis on income exempt from federal income tax, but also considering capital appreciation. MMIGX, 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.
Performance
MMIGX had a total return of 0.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.65%.
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
5.62% of assets| Name | Symbol | Weight |
|---|---|---|
| Currency Cash CASH_USD | n/a | 1.35% |
| TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5% | TX.TMGUTL 01.01.2054 | 0.56% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 5.13% | NY.NYTTRN 5.12 06.30.2060 | 0.52% |
| NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV 5% | NC.NCSTRN 5 01.01.2058 | 0.51% |
| NATIONAL FIN AUTH N H LEASE RENT REV 5.88% | NH.NFADEV 5.88 12.15.2038 | 0.49% |
| 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 | 0.44% |
| 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 | 0.41% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 30, 2025 | $0.0216 | Jun 2, 2025 |
| Apr 30, 2025 | $0.02074 | May 1, 2025 |
| Mar 31, 2025 | $0.0211 | Apr 1, 2025 |
| Feb 28, 2025 | $0.01913 | Mar 3, 2025 |
| Jan 31, 2025 | $0.02137 | Feb 3, 2025 |
| Dec 31, 2024 | $0.02087 | Dec 31, 2024 |