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    MFS Municipal Income A1 (MMIDX)

    8.85 0.00(0.00%) Apr 17

    Profile as of Mar 30, 2015Get Profile for:
    MFS Municipal Income A1
    MFS Municipal Series Trust111 Huntington Avenue, 24th FloorBoston, MA 2199
    Phone: 800-225-2606
    Fund Overview 
    Category:Muni National Long
    Fund Family:MFS
    Net Assets:2.23B
    Year-to-Date Return:1.14%
    Morningstar Rating:3 stars
    Fund Inception Date:Jun 25, 2007
    Morningstar Style Box 
    Muni National Long
    [View Category Definition]
    View Top Muni National Long Funds
    About the Morningstar Style Box
    Management Information 
    Geoffrey L. Schechter
    Lead Manager since Mar 23, 2000
    Geoffrey L. Schechter, CFA, CPA, is an investment officer at MFS Investment Management® (MFS®) and a portfolio manager of the firm's government securities and municipal bond funds. He joined MFS as investment officer in 1993 after working as a municipal credit analyst with a major insurance company. He was named portfolio manager in 1993. Geoff is a graduate of the University of Texas and has an MBA degree from Boston University. He holds the Chartered Financial Analyst (CFA) and Certified Public Accountant (CPA) designations.
    Investment Information 
    Min Initial Investment:1,000
    Min Initial Investment, IRA:250
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    MMIDX can be purchased from 54 brokerages.

    Fund Summary 
    The investment seeks total return with an emphasis on income exempt from federal income tax, but also considering capital appreciation. The fund invests normally at least 80% of its net assets in securities and other investments, the interest on which is exempt from federal income tax. Interest from its investments may be subject to the federal alternative minimum tax. The fund normally invests its assets primarily in municipal instruments. It may invest 25% or more of its total assets in municipal instruments that finance similar projects, such as those relating to education, healthcare, housing, utilities, water, or sewers.

    Fund Operations 
    Last Dividend (Mar 30, 2015) : 0.03
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Apr 15, 2015) : 32.00%
    Average for Category:25.00%
    Fees & Expenses 
    ExpenseMMIDXCategory Avg
    Annual Report Expense Ratio (net):0.49%0.93%
    Prospectus Net Expense Ratio:0.51%N/A
    Prospectus Gross Expense Ratio:0.55%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:4.25%3.93%
    Max Deferred Sales Load: N/A2.47%
    3 Yr Expense Projection*:590477
    5 Yr Expense Projection*:715714
    10 Yr Expense Projection*:1,0811,369
    * Per $10,000 invested