MMIDX

About MMIDX

MFS Municipal Income Fund Class A1 is a mutual fund that centers its investment strategy on generating tax-exempt income, primarily by investing in municipal bonds issued by U.S. state and local governments. Its objective is to deliver total return with a strong emphasis on income that is generally exempt from federal income tax, while also considering opportunities for capital appreciation. The fund maintains a diversified portfolio, with over 98% of assets in municipal securities, and minimal allocations to high yield and investment-grade corporate bonds. Managed by an experienced team leveraging a data-driven, risk-averse approach, it focuses on consistent long-term performance and robust risk management. The fund features a monthly dividend payout structure, making it relevant for investors prioritizing steady, tax-advantaged income streams. With net assets exceeding $5.8 billion as of mid-2025, MFS Municipal Income Fund Class A1 holds a significant place in the national long-term municipal bond category, supporting public infrastructure while serving as a key offering for investors seeking efficient exposure to the municipal fixed-income market.