About MTLCX
MFS Municipal Limited Maturity Fund Class C is an open-end municipal bond mutual fund designed to deliver total return with an emphasis on income that is generally exempt from federal income tax while maintaining a focus on capital preservation. The fund invests primarily in a diversified portfolio of short- to intermediate-maturity municipal securities, with a dollar‑weighted average effective maturity that typically does not exceed five years, aligning it with the muni national short category. Managed by MFS, which has invested in municipal bonds since the 1970s, the strategy employs a research-driven, risk-aware approach that uses quantitative tools to analyze market risk and an experienced analyst team to assess issuer-specific risks. The portfolio spans a broad set of municipal issuers and sectors, including airports, housing finance, utilities, healthcare, and sustainable energy projects, reflecting active management and broad diversification. The fund distributes income on a monthly basis and maintains a sizeable asset base, underscoring its presence in the tax-exempt short-duration space. It is benchmarked to the Bloomberg 1–9 Year Municipal Bond Index, which represents the medium-term tax-exempt bond market.
Fund Family MFS
Category Muni National Short
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol MTLCX
Share Class C
Index Bloomberg Municipal Bond 1-9 Y TR USD
MTLCX had a total return of 4.44% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.78%.
