MMHKX

About MMHKX

MFS Municipal High Income Fund Class R6 is a mutual fund designed to achieve total return, placing strong emphasis on providing high income that is exempt from federal income tax, while also seeking capital appreciation. The fund primarily invests at least 80% of its net assets in municipal bonds and related securities, focusing on high yield municipal debt instruments. Notably, these investments are structured to offer tax-advantaged income, making the fund particularly relevant for investors aiming to optimize after-tax returns. With a diversified portfolio of over 1,900 holdings, the fund maintains a heavy allocation to municipal securities—over 98% as of the latest reporting period—with a minor allocation to high yield corporate bonds and cash equivalents. MFS Municipal High Income Fund Class R6 is managed by an experienced team and utilizes a rigorous, risk-aware investment process underpinned by quantitative and qualitative research. Monthly income distributions are a hallmark, alongside a competitive net expense ratio of approximately 0.52%. The fund plays a significant role in the market by providing access to municipal bond markets for high-income-seeking institutional and retirement plan investors who desire tax-exempt income and broad sector diversification.