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MFS Municipal Limited Maturity C (MTLCX)

7.89 0.00 (0.00%)
At close: 8:00 PM EDT

Fund Summary

The fund invests, under normal market conditions, at least 80% of its net assets in securities and other investments, the interest on which is exempt from federal income tax. Interest from the fund's investments may be subject to the federal alternative minimum tax. Its investment adviser normally invests the fund's assets primarily in municipal instruments. The fund's dollar-weighted average effective maturity will normally not exceed five years.

MFS Municipal Limited Maturity C

Boston, MA 2199
111 Huntington Avenue, 24th Floor
1-800-637-2929

Fund Overview

Category Muni National Short
Fund Family MFS
Net Assets 2.64B
YTD Return 0.09%
Yield 1.65%
Morningstar Rating
Inception Date Mar 17, 1992

Fund Operations

Last Dividend 0.04
Last Cap Gain -5.00
Holdings Turnover 35.00%
Average for Category --

Fees & Expenses

Expense MTLCX Category Average
Annual Report Expense Ratio (net) 0.59% 0.60%
Prospectus Net Expense Ratio 0.59% --
Prospectus Gross Expense Ratio 0.72% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 2.24%
Max Deferred Sales Load -- 1.03%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

Michael L. Dawson, Lead Manager since March 31, 2021
Michael L. Dawson is an investment officer and a portfolio manager of MFS Investment Management® (MFS®). Michael joined MFS in 1998 and was named portfolio manager in 1999. Prior to joining MFS, Michael worked in institutional sales - fixed income for Fidelity Capital Markets and Goldman Sachs. Prior to that, he was a research analyst in the municipal bond group at Franklin Templeton. He is a graduate of Santa Clara University and received an MBA degree from Babson College in 1999. He is a member of the Boston Municipal Analysts Forum and the National Federation of Municipal Analysts.

Morningstar Style Box

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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