MFS Municipal Limited Maturity Fund Class I (MTLIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.10
+0.01 (0.12%)
At close: Mar 17, 2026
Fund Assets3.11B
Expense Ratio0.44%
Min. Investment$1,000
Turnover29.00%
Dividend (ttm)0.26
Dividend Yield3.20%
Dividend Growth6.70%
Payout FrequencyMonthly
Ex-Dividend DateFeb 27, 2026
Previous Close8.09
YTD Return0.77%
1-Year Return5.66%
5-Year Return9.58%
52-Week Low7.80
52-Week High8.17
Beta (5Y)n/a
Holdings1073
Inception DateAug 30, 2010

About MTLIX

MFS Municipal Limited Maturity Fund Class I is an open-end municipal bond mutual fund focused on generating total return with an emphasis on income that is exempt from federal income tax while also considering capital preservation. The strategy primarily invests in short- to intermediate-maturity municipal securities, aligning with a limited maturity profile that targets lower interest-rate sensitivity than broad municipal markets. Managed by MFS, which has invested in municipal bonds since the 1970s, the fund employs a portfolio management–driven risk-budgeting process supported by quantitative tools and fundamental analyst coverage to balance market and issuer-specific risks. Its benchmark is the Bloomberg 1–9 Year Municipal Bond Index, reflecting its medium-term, tax-exempt focus. As of mid-2025, the portfolio is predominantly municipal holdings, supplemented by cash and cash equivalents to manage liquidity and duration, consistent with its risk-aware positioning. The fund’s Class I share structure is designed for institutional or fee-based platforms, with no front-end sales charge and a focus on operational efficiency for long-term, tax-advantaged income exposure.

Fund Family MFS
Category Muni National Short
Performance Rating High
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol MTLIX
Share Class I
Index Bloomberg Municipal Bond 1-9 Y TR USD

Performance

MTLIX had a total return of 5.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.40%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
MTLRXR60.36%
MTLFXA0.59%
MTLBXB1.34%
MTLCXC1.44%

Dividend History

Ex-DividendAmountPay Date
Feb 27, 2026$0.02011Mar 2, 2026
Jan 30, 2026$0.0223Feb 2, 2026
Dec 31, 2025$0.02223Dec 31, 2025
Nov 28, 2025$0.02136Dec 1, 2025
Oct 31, 2025$0.02224Nov 3, 2025
Sep 30, 2025$0.02163Oct 1, 2025
Full Dividend History