MTLIX

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.