To receive the distribution, an investor must be a shareholder of record on that date. 04/28/23
Highlights the importance of diversification and striking the proper balance between stocks and bonds. 04/28/23
Ratings are shown in the S&P and Fitch scale (e.g., AAA). To the extent that investments are purchased through the use of leverage, the fund's net asset value will increase or decrease at a greater rate than a comparable unleveraged fund. You also might decide against this option if you visit the MFS site from work and others have access to your computer. Morningstar rankings do not take into account sales charges and are based on historical returns, which are not indicative of future results. Concentrated:The portfolio's performance could be closely tied to the economic, political, and other conditions in the state and other states and U.S. territories and possessions in which the portfolio invests and could be more volatile than the performance of more geographically diversified portfolios. The fund has benefitted from the experience, continuity and stability of the investment team and accessing our integrated global investment platform, Portfolio management-driven approach to risk budgeting; quantitative tools help analyze market risk; and, an experienced analyst team focuses on idiosyncratic risk, Risk-aware approach with a focus on consistent long-term outperformance. PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% 5%, BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% 5%, NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY MTG REV 4.5% 4.5%, TEXAS PRIVATE ACTIVITY BD SURFACE TRANSN CORP REV 5%, TUSCALOOSA CNTY ALA INDL DEV GULF OPPORTUNITY ZONE 5.25%, PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.33%, 25 Tips Every Mutual Fund Investor Should Know, 7 Questions to Ask When Buying a Mutual Fund. The core principles of our approach are integrated research, global collaboration and active risk management. Regardless of what computer you are using, NOT clicking the box is the more secure choice for you to make. 2023 MFS Investment Management. Without such subsidies and waivers the fund's performance results would be less favorable. For purposes of the funds 80% policy, net assets include the amount of any borrowings for investment purposes. If none of the 4 rating agencies listed above rate the security, but the security is rated by the Kroll Bond Rating Agency (KBRA), then the KBRA rating is assigned. She began her career in municipal finance at the New York City budget office. Please make the necessary corrections below: Access your MFS mutual fund, IRA, 529 savings plan accounts, quarterly statements, and sign up for eDelivery. Change ($) (since
Average Effective Maturity is a weighted average of maturity of the bonds held in a portfolio, taking into account any prepayments, puts, and adjustable coupons which may shorten the maturity. Portfolio characteristic data are based on unaudited net assets. If you are not a U.S. resident, please visit Other MFS Sites. 2023 Massachusetts Financial Services Company. Anais Favre is drinking a Betray'Ale by Brasserie Haarddrch. The portfolio itself has not been rated by any rating agency. The team employs a proprietary investment process to build better insights for our clients. MFS has been investing in municipal bonds since 1984. Form 5 - An annual statement of beneficial ownership of securities (to be filed, if necessary, on an annual basis). The MFS Tax Center page provides an overview of how mutual funds are taxed, details about MFS tax forms you receive, & tax return information. The credit quality of a particular security or group of securities does not ensure the stability or safety of an overall portfolio. Despite its mountain location, Grenoble is a low-lying city. Jason joined the firm in 2003 as a municipal bond research analyst and took on portfolio management responsibilities in 2014. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. Tracking error is the standard deviation of a portfolio's excess returns. He is a member of the National Federation of Municipal Analysts and the Boston Municipal Analysts Forum. Intraday Data provided by FACTSET and subject to terms of use. Portfolios that consist of debt instruments with longer durations are generally more sensitive to a rise in interest rates than those with shorter durations. The list of best things to do in Auvergne-Rhne-Alpes includes sightseeing, pretty towns, history, and natural wonders! For tax purposes the profit realized from the sale of securities or other capital assets held for less than 12 months. MFS may invest 25% or more of the fund's total assets in municipal instruments that finance similar projects, such as those relating to education, healthcare, housing, utilities, water, or sewers. This browser is no longer supported at MarketWatch. Average Effective Duration is a measure of how much a bond's price is likely to fluctuate with general changes in interest rates, e.g., if rates rise 1.00%, a bond with a 5-year duration is likely to lose about 5.00% of its value. He joined MFS in 2002 as a municipal fixed income research analyst. Full and Historical Holdings. Long-term Capital Gain Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. R squared is not a measure of performance. Students are turning to ChatGPT for study help, and Chegg stock plummets more than 30%, Biden invites congressional leaders to discuss debt limit at White House on May 9, DeSantis-appointed board sues Disney in latest tug-of-war in Florida, IBM expects to pause hiring for thousands of jobs that can be done by AI: report, Vice may file for bankruptcy in the coming weeks: report, The number of gig workers murdered on the job hits highest level since 2017, report says, Lawmakers call on SEC to assess Sheins supply chain before allowing IPO, NXP Semiconductors stock rallies 5% as results, outlook top Wall Street view. Geoff is a graduate of the University of Texas and has an MBA degree from Boston University.
Closed-end funds are only available for purchase/sale on the NYSE at the current market price (NYSE American for MFS California Municipal Fund). It is calculated by taking the annualized excess return over a benchmark and dividing it by the annualized standard deviation of excess return. Michael joined MFS in 1998 and was named to his current role in 1999. You also might decide against this option if you visit the MFS site from work and others have access to your computer. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Please consult your tax advisor for further information. Essentially the yield-to-worst is a bond's yield-to-maturity under the least desirable bond repayment pattern under the assumption that bond market yields are unchanged. The SEC yield is higher than the distribution yield in part due to unusual market conditions. Jason R. Kosty is an investment officer and fixed income portfolio manager of national municipal bond strategies at MFS Investment Management (MFS). Investments are selected primarily based on fundamental analysis of individual instruments and their issuers. Gary A. Lasman, CFA, is an Investment Officer of MFS Investment Management and Portfolio Manager of the firm's municipal bond portfolios. Please make the necessary corrections below: Access your MFS mutual fund, IRA, 529 savings plan accounts, quarterly statements, and sign up for eDelivery. To receive the distribution, an investor must be a shareholder of record on that date. MMIIX: MFS Municipal High Income Fund - MutualFunds.com The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. Global Recent Activity. 04/27/23
Average Coupon: Average Coupon is the equivalent exposure weighted coupon of all interest bearing instruments as a percent of the total equivalent exposure of all fixed income holdings, including short term and interest rate derivatives which have coupons. ): Maximum data displayed is for the most recent 10 years. The city sits at the confluence of the rivers Isre and Drac, encircled by the snow-covered Alps. Have Watchlists? Because many municipal instruments are issued to finance similar projects, conditions in certain industries can significantly affect the portfolio and the overall municipal market. PDF 2022 INCOME EARNED BY STATE INFORMATION - columbiathreadneedleus.com