mfs municipal high income fund state tax information 2020
He holds the Chartered Financial Analyst (CFA) and Certified Public Accountant (CPA) designations.Our portfolio managers are supported by our entire team of investment professionals in nine worldwide offices. Jason joined the firm in 2003 as a municipal bond research analyst and took on portfolio management responsibilities in 2014. Investment return and principal value fluctuate so your shares, when sold, may be worth more or less than the original cost; current performance may be lower or higher than quoted. High Yield: Investments in below investment grade quality debt instruments can be more volatile and have greater risk of default, or already be in default, than higher-quality debt instruments. While MFS may use derivatives for any investment purpose, to the extent MFS uses derivatives, MFS expects to use derivatives primarily to increase or decrease exposure to a particular market, segment of the market, or security, to increase or decrease interest rate exposure, or as alternatives to direct investments. As of Concentrated: The portfolio's performance could be more volatile than the performance of more diversified portfolios. Consider the fund's investment objectives, risks, charges, and expenses, and otherwise read these documents carefully before you invest. Register MFS Access For Shareholders Only Access your MFS mutual fund, IRA, 529 savings plan accounts, quarterly statements, and sign up for eDelivery. Megan Poplowski is an investment officer, fixed income portfolio manager and director of municipal research with MFS Investment Management (MFS). In this role, he is responsible for final buy and sell decisions, portfolio construction and risk and cash management. None of the content should be viewed as a suggestion that you take or refrain from taking any action nor as a recommendation for any specific investment product, strategy, plan feature or other such purpose. The following filings are periodically made with the SEC via EDGAR, an online submission and database website, by insiders of MFS' closed-end funds (i.e. As of Portfolio characteristics are based on equivalent exposure, which measures how a portfolio's value would change due to price changes in an asset held either directly or, in the case of a derivative contract, indirectly. MFS uses an active bottom-up investment approach to buying and selling investments for the fund. Upside capture ratio for a portfolio is calculated by taking the portfolio's return during periods when the benchmark had a positive return and dividing it by the benchmark return during that same period. She co-manages several portfolios and leads a team of analysts focused on investing in US municipal debt. For tax purposes the profit realized from the sale of securities or other capital assets held for less than 12 months. Ex-Dividend Date is the date on which a fund goes ex-dividend. Megan joined MFS in 2015 as a fixed income analyst and was named director of research in 2017, adding portfolio management responsibilities in 2022. She previously worked for Eaton Vance Management for seven years. Class B shares ("B") results include the applicable contingent deferred sales charge (CDSC), which declines over six years from 4% to 0%. Jason joined the firm in 2003 as a municipal bond research analyst and took on portfolio management responsibilities in 2014. MFS registered investment products are offered through MFS Fund Distributors, Inc., 111 Huntington Avenue, Boston, MA 02199-7632. Closed-end funds are only available for purchase/sale on the NYSE at the current market price (NYSE American for MFS California Municipal Fund). Which type of investor describes you best? Certain types of debt instruments can be more sensitive to these factors and therefore more volatile. Highlights the distinguishing characteristics of MFS municipal bonds. Index portfolios will tend to have values very close to 100. The Morningstar Rating for funds, or "star rating", is calculated for funds with at least a three-year history. Long-term Capital Gain In addition, debt instruments entail interest rate risk (as interest rates rise, prices usually fall). In this role, he is responsible for final buy and sell decisions, portfolio construction and risk and cash management. He holds the Chartered Financial Analyst (CFA) and Certified Public Accountant (CPA) designations. MFS registered investment products are offered through MFS Fund Distributors, Inc., 111 Huntington Avenue, Boston, MA 02199. Megan Poplowski is an investment officer, fixed income portfolio manager and director of municipal research with MFS Investment Management (MFS). The Record Date is the date on which a fund declares a distribution. 8.53% of total net assets | Total Number of Holdings: 1939 The gain on the sale of a capital asset where the holding period was more than 12 months and the profit was subject to the long-term capital gains tax. Cookie Notice (). At the time of sale, shares may have a market price that is above or below net asset value, and may be worth more or less than the original cost; current performance may be lower or higher than quoted. Investments are selected primarily based on fundamental analysis of individual instruments and their issuers. You can unsubscribe at any time. If you are not a U.S. resident, please visit Other MFS Sites. 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. If you do NOT click this box, you will have to enter your user name and password each time you wish to view your mfs.com homepage. The distribution rates are computed by annualizing the current distribution rate per share (excluding short-term capital gains), and dividing the result by the public offering price (for the distribution rate including sales charge) or net asset value (for the distribution rate not including sales charge) at the end of the business day. Seeks total return with an emphasis on high income exempt from federal income tax, but also considering capital appreciation. A beta less than 1.0 indicates lower risk than the market; a beta greater than 1.0 indicates higher risk than the market. She is a member of the National Federation of Municipal Analysts and its Boston chapter. Federal Agencies includes rated and unrated U.S. Agency fixed-income securities, U.S. Agency MBS, and CMOs of U.S. Agency MBS. This website is a general communication and is provided for informational and/or educational purposes only. 03/31/23, 8.53% of total net assets | Bloomberg Municipal Bond Index measures the municipal bond market. Daily NAV is the Net Asset Value per share determined using the amortized cost of portfolio securities rounded to two decimal places and is the price at which fund shares are transacted. 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. 05/01/23. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. Tracking error is the standard deviation of a portfolio's excess returns. Total Number of Holdings: She also spent five years with Financial Guaranty Insurance and two years at Moody's Investors Service. Regardless of what computer you are using, NOT clicking the box is the more secure choice for you to make. Therefore, the portfolio's value may decline during rising rates. These reductions will continue until at least05/31/24. The larger the portfolio's standard deviation, the greater the portfolio's volatility. To the extent that investments are purchased with the issuance of preferred shares, the fund's net asset value will increase or decrease at a greater rate than a comparable unleveraged fund. Knowing your investable assets will help us build and prioritize features that will suit your investment needs. Consider the fund's investment objectives, risks, charges, and expenses, and otherwise read these documents carefully before you invest. 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. Prior to joining the firm, he worked in institutional sales -- fixed income for Fidelity Capital Markets and Goldman Sachs. It uses a standard deviation and excess return. Benchmark: Bloomberg Municipal Bond Index. The core principles of our approach are integrated research, global collaboration and active risk management. Because many municipal instruments are issued to finance similar projects, conditions in certain industries can significantly affect the portfolio and the overall municipal market. ): Change $ (since Certain types of debt instruments can be more sensitive to these factors and therefore more volatile. 1939, Enter date for which you wish to obtain a Historical NAV for this fund, Enter date for which you wish to obtain a Historical MP for this fund, Holding Based Portfolio - Fixed Income Level Data, Updated Monthly As of Regardless of what computer you are using, NOT clicking the box is the more secure choice for you to make. The interval between the announcement and the payment of the next dividend. Longer-maturity funds are generally considered more interest-rate sensitive than shorter maturity funds. It measures the amount of excess return over the risk free rate earned per unit of systematic risk (beta) assumed. Cookie Notice (). View Overall Morningstar Ratings Information. She also spent five years with Financial Guaranty Insurance and two years at Moody's Investors Service. Full and Historical Holdings. Historical MP may not be available for all dates. It is most reliable as a risk measure when the return fluctuations of the portfolio are highly correlated with the return fluctuations of the index chosen to represent the market. Treynor Ratio: Treynor Ratio is a risk adjusted measure of performance. Change ($) (since Change ($) (since There are currently no items in this Watchlist. U.S. Government includes securities issued by the U.S. Department of the Treasury. Historical NAV may not be available for all dates. The MFS closed-end funds are subject to the provisions of Section 16 of the Securities Exchange Act of 1934 by virtue of Section 30(h) of the Investment Company Act of 1940. Dividends are generally subject to state and local taxes. (Source: Barron's Dictionary of Finance and Investment Terms), Updated Daily As of It is most reliable as a risk measure when the return fluctuations of the portfolio are highly correlated with the return fluctuations of the index chosen to represent the market. The fund's overall Morningstar Rating measures are based on risk-adjusted returns as of 02/28/23. She is a member of the National Federation of Municipal Analysts and its Boston chapter. Compares four national municipal funds across the credit quality and maturity spectrum to help make the selection process easier. At times, and particularly during periods of market turmoil, all or a large portion of segments of the market may not have an active trading market. As a result, it may be difficult to value these investments and it may not be possible to sell a particular investment or type of investment at any particular time or at an acceptable price. Dividend Rate per Share is the amount of dividend that a shareholder will receive for each share held. It is the ratio of the annualized excess return of the portfolio over the risk free rate for a given period divided by the Beta of the portfolio versus its benchmark for the same period. Alpha is a measure of the portfolio's risk-adjusted performance. Benchmark: Bloomberg Municipal Bond Index. He also participates in the research process and strategy discussions. The fund may at . Daily, 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. Analyze the Fund MFS Municipal High Income Fund Class A having Symbol MMHYX for type mutual-funds and perform research on other mutual funds. Form 3 - An initial statement of beneficial ownership of securities (to be filed upon becoming an insider); Form 4 - A statement of changes of beneficial ownership of securities (to be filed upon certain transactions of funds shares); and. Its flat streets are ideal for exploring on foot. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Visit Place St. Andr, the heart of the city's historic quarter. Monthly, The price of an instrument trading at a negative interest rate responds to interest rate changes like other debt instruments; however, an instrument purchased at a negative interest rate is expected to produce a negative return if held to maturity. The team employs a proprietary investment process to build better insights for our clients. All ratings are subject to change. A beta less than 1.0 indicates lower risk than the market; a beta greater than 1.0 indicates higher risk than the market. The Payable Date is the date on which the distribution is paid to shareholders. A high relative ranking does not always mean the fund achieved a positive return during the period. Please make the necessary corrections below: Access your MFS mutual fund, IRA, 529 savings plan accounts, quarterly statements, and sign up for eDelivery. Massachusetts Dev Finance Agency MA Ref-Ser A 4.000 JUL 01 44, City & County of Denver CO Etm-Ser C 6.125 NOV 15 25, Tennessee Energy Acquisition Corp TN Var-Ref-Gas Proj-Ser A-1 5.000 MAY 01 53, Downey Unified School District CA Election 2014-Ser B 4.000 AUG 01 41, Buckeye Tobacco Settlement Financing Auth OH Ref-Senior-Class 2-Ser B-2 5.000 JUN 01 55, Public Finance Authority WI Amt-Ref-Sr-Oblig Group 5.250 JUL 01 28, Main Street Natural Gas Inc GA Ser A 5.000 JUN 01 53, WA Health Care Facilities Authority Providence Hlth & Svcs-Ser A 5.000 OCT 01 33, City of Houston TX Airport System Revenue Amt-Ser B-1 5.000 JUL 15 30, CA State Public Works Board Ser A 5.000 SEP 01 33, Nomination and Compensation Committee Charter, Municipal Bond Funds: Computing Your State Tax, MFS Closed End Fund Portfolio Management Team Announcement. Privacy Policy. Bond:Investments in debt instruments may decline in value as the result of, or perception of, declines in the credit quality of the issuer, borrower, counterparty, or other entity responsible for payment, underlying collateral, or changes in economic, political, issuer-specific, or other conditions. Other Not Rated includes other fixed income securities not rated by any rating agency. (*YTD Updated If you are working in a public space, such as a library, you would not want to select this option. Fact Sheets are available approximately 15 days after month end. (Source: Barron's Dictionary of Finance and Investment Terms), Short-term Capital Gain 05/01/23. Bloomberg Municipal Bond Index measures the municipal bond market. The weighted average yield-to-worst of all portfolio holdings. . View Overall Morningstar Ratings Information. The Payable Date is the date on which the distribution is paid to shareholders. a day ago View Detailed Check-in. Historical and current end-of-day data provided by FACTSET. Because many municipal instruments are issued to finance similar projects, conditions in certain industries can significantly affect the portfolio and the overall municipal market. ): Maximum data displayed is for the most recent 10 years. Past performance is no guarantee of future results. Historical MP may not be available for all dates. If you do NOT click this box, you will have to enter your user name and password each time you wish to view your mfs.com homepage. The SEC yield is higher than the distribution yield in part due to unusual market conditions. Net Expense Ratio: The Net Expense Ratio reflects the reduction of expenses from contractual fee waivers and reimbursements. The information provided on this page should be read in conjunction with the fund's prospectus or summary prospectus for the portfolio being offered, which are available onlinehere or by contacting MFS. Portfolio characteristic data are based on unaudited net assets. You also might decide against this option if you visit the MFS site from work and others have access to your computer. Intraday data delayed at least 15 minutes or per exchange requirements. When compared to the portfolio's beta, a positive alpha indicates better-than-expected portfolio performance and a negative indicates alpha worse-than-expected portfolio performance. Prior to that, he served an assistant portfolio manager and senior municipal analyst for Liberty Funds Group. 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. MFS (Massachusetts Financial Services Company, the funds investment adviser) normally invests the funds assets primarily in municipal instruments. Michael L. Dawson is an investment officer and fixed income portfolio manager of state municipal bond strategies at MFS Investment Management (MFS). Without such subsidies and waivers the fund's performance results would be less favorable. ): Change (%) (since 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 portfolios.Geoff joined MFS as an investment officer in 1993 after working as a municipal credit analyst with a major insurance company. She began her career in municipal finance at the New York City budget office. Ex-Dividend Date is the date on which a fund goes ex-dividend. 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. Total Number of Holdings: The market value of the holding may differ. The yield-to-worst is computed by using the lower of either yield-to-maturity or the yield-to-call on every possible call date. He holds the Chartered Financial Analyst (CFA) and Certified Public Accountant (CPA) designations.Our portfolio managers are supported by our entire team of investment professionals in nine worldwide offices. Net Assets Gross Expense Ratio: The Gross Expense Ratio is the fund's total operating expense ratio from the fund's most recent prospectus. For Financial Advisors, RIAs, Analysts, Institutional Clients and Consultants only. All ratings are subject to change. Short-term gains are taxable at ordinary income rates to the extent they are not reduced by offsetting capital losses. The credit quality of a particular security or group of securities does not ensure the stability or safety of an overall portfolio. 04/28/23 Concentrated: The portfolio's performance could be more volatile than the performance of more diversified portfolios. As portfolio and market conditions change, the rate of distributions could change. As a result, it may be difficult to value these investments and it may not be possible to sell a particular investment or type of investment at any particular time or at an acceptable price. She previously worked for Eaton Vance Management for seven years. For all securities other than those described below, ratings are assigned utilizing ratings from Moodys, Fitch, and Standard & Poors and applying the following hierarchy: If all three agencies provide a rating, the consensus rating is assigned if applicable or the middle rating if not; if two of the three agencies rate a security, the lower of the two is assigned. Anais Favre is drinking a Betray'Ale by Brasserie Haarddrch. Other Not Rated includes fixed income securities which have not been rated by any rating agency. The data depicted here showing a breakdown of fund characteristics as a percentage of assets are calculated based on the total gross assets of the fund. Dividends are generally subject to state and local taxes. MFS Municipal Income I Inst (MIMIX) Fund MIMIX Price as of: MAR 31, 05:00 PM EDT $8.11 + $0.01 + 0.12% Primary Theme Municipal Bond fund company MFS Snapshot Profile Performance Holdings Expenses Distributions Managers Vitals YTD Return 2.0% 1 yr return -5.0% 3 Yr Avg Return -1.2% 5 Yr Avg Return -1.2% Net Assets $5.54 B Holdings in Top 10 4.1% Derivatives: Investments in derivatives can be used to take both long and short positions, be highly volatile, involve leverage (which can magnify losses), and involve risks in addition to the risks of the underlying indicator(s) on which the derivative is based, such as counterparty and liquidity risk. It can be calculated by taking the total amount of dividends paid and dividing it by the total shares outstanding. Because many municipal instruments are issued to finance similar projects, conditions in certain industries can significantly affect the portfolio and the overall municipal market. 03/31/23, Explore resources to help educate on investing basics. Change ($) (since 2023 Massachusetts Financial Services Company. Leverage: Leverage involves investment exposure in an amount exceeding the initial investment. Tagged Friends. If you are not a U.S. resident, please visit Other MFS Sites. See the results of our collaborative approach for MFS' "All Star" portfolios. Portfolio information is subject to change due to active management. Ratings are shown in the S&P and Fitch scale (e.g., AAA). 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. Net Assets Full and Historical Holdings. The market value of the holding may differ. The Record Date is the date on which a fund declares a distribution. Bond:Investments in debt instruments may decline in value as the result of, or perception of, declines in the credit quality of the issuer, borrower, counterparty, or other entity responsible for payment, underlying collateral, or changes in economic, political, issuer-specific, or other conditions. Municipal Bond: Investments in municipal instruments can be volatile and significantly affected by adverse tax or court rulings, legislative or political changes, market and economic conditions, issuer, industry-specific (including the credit quality of municipal insurers), and other conditions. Highlights the importance of diversification and striking the proper balance between stocks and bonds. Previously, he worked as a research associate and municipal bond analyst for Columbia Management Group. He also participates in the research process and strategy discussions. Flyer showing MFS' annual rankings from Barron's since 2008. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. (Source: Barron's Dictionary of Finance and Investment Terms), Short-term Capital Gain The interval between the announcement and the payment of the next dividend. For purposes of the funds 80% policy, net assets include the amount of any borrowings for investment purposes. The Fund seeks total return with an emphasis on high income exempt from federal income tax, but also considering capital appreciation. 1939, Enter date for which you wish to obtain a Historical NAV for this fund, Enter date for which you wish to obtain a Historical MP for this fund, Holding Based Portfolio - Fixed Income Level Data, Updated Monthly As of PR Sales Tax Financing Corp Sales Tax Revenue PR Restructured-Ser A-1 5.000 JUL 01 58, Buckeye Tobacco Settlement Financing Auth OH Ref-Senior-Class 2-Ser B-2 5.000 JUN 01 55, Housing Development Corp NY 8 Spruce Street-Class F 4.500 FEB 15 48, NJ Transportation Trust Fund Authority NJ Cap Apprec-Transn Sys-Ser A 0.000 DEC 15 37, California Community Choice Financing Authority CA Variable-Green Bonds-Ser C 5.250 JAN 01 54, Golden State Tobacco Securitization Corp CA Txbl-Ref-Subordinate Bonds-Ser 3.850 JUN 01 50, City of Chicago IL Ref-Ser A 5.000 JAN 01 33, New York Liberty Development Corp NY Ref-Class 1-3 World Trade Ctr 5.000 NOV 15 44, Chicago Board of Education IL 6.000 APR 01 46, Public Finance Authority WI American Dream @ Meadowlands P 6.250 AUG 01 27, Statement of Additional Information (SAI), 20 Years of the Best and Worst: A Case for Diversification, 20 Years Best and Worst: A Tale of Two Decades, Research and Risk Management Setting MFS Municipal Bond Funds Apart, Fixed Income Investing in a Changing Market Environment: Brochure, MFS National Municipal Fixed Income Capabilities, MFS National Municipal Fixed Income Capabilities (four funds), Important Announcement: MFS Family of Funds - Class R1 and R2 share availability, Important Announcement: Modification of Expense Limitation Agreements and or Changes to Management Fees, Important Announcement: Purchase Thresholds and Sales Charge Update, Important Announcement: Expansion of MFS Fixed Income Leadership Team. MFS High Income Municipal Trust (NYSE: CXE) $0.0130 $0.0000 $0.0130 MFS High Yield Municipal Trust (NYSE: CMU) $0.0110 $0.0000 $0.0110 MFS Intermediate High Income Fund (NYSE: CIF)^ . 2023 MFS Investment Management. 1. All quotes are in local exchange time. The Centre is part of a particularly dynamic ecosystem, within the second French . This website is a general communication and is provided for informational and/or educational purposes only. The credit quality of a particular security or group of securities does not ensure the stability or safety of an overall portfolio. Performance data shown represents past performance and is no guarantee of future results.
