Longtime MFS municipal-bond manager Geoffrey Schechter will retire on Sept. 1, 2025, according to the firm. Schechter joined MFS in 1993 and has led MFS Municipal High Income and MFS Municipal Income since 2002 and 2000, respectively. His comanagers Megan Poplowski and Jason Kosty, who both have over two decades of muni experience, will absorb his management responsibilities and continue using the same team-based approach after Schechter retires.
MFS Municipal High Income I MMIIX
- NAV / 1-Day Return 7.46 / +0.17 %
- Total Assets 4.3 Bil
-
Adj. Expense Ratio
0.610%
- Expense Ratio 0.610%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category High Yield Muni
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment —
- Status Open
- TTM Yield 4.30%
- Effective Duration 7.23 years
USD | NAV as of Jul 05, 2024 | 1-Day Return as of Jul 05, 2024, 10:18 PM GMT+0
Morningstar’s Analysis MMIIX
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People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 9.3
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | 2.49 | 104.7 Mil | municipal |
Currency Cash CASH_USD | 1.79 | 75.1 Mil | Cash and Equivalents |
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | 1.68 | 70.5 Mil | municipal |
NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY MTG REV 4.5% | 1.11 | 46.7 Mil | municipal |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% | 0.64 | 26.9 Mil | municipal |
NEW YORK TRANSN DEV CORP SPL FAC REV 5.13% | 0.62 | 26.0 Mil | municipal |
CHICAGO ILL 5% | 0.62 | 25.9 Mil | municipal |
NEW YORK LIBERTY DEV CORP LIBERTY REV 5% | 0.59 | 24.6 Mil | municipal |
NATIONAL FIN AUTH N H LEASE RENT REV 5.88% | 0.57 | 23.9 Mil | municipal |
PUBLIC FIN AUTH WIS LTD OBLIG GRNT REV 6.25% | 0.51 | 21.4 Mil | municipal |