Back to top

Guide to MFS Municipal Income A Fund (MFIAX)

Read MoreHide Full Article

MFS Municipal Income A (MFIAX - Free Report) a Zacks Rank #1 (Strong Buy) invests, under normal market conditions, the majority of its net assets in securities and other investments, the interest on which is exempt from federal income tax.

The MFS Municipal Income A fund, managed by MFS, carries an expense ratio of 0.74%. Moreover, MFIAX requires a minimal initial investment of $1,000.

MFIAX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 6.19%, 3 year 6.27% and 5 year 5.10%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.

MFIAX’s performance, as of the last filing, when compared to funds in its category was in the top 31% in 1 year, top 26% over the past 3 years, and in the 26% over the past 5 years.

Want key mutual fund info delivered straight to your inbox?

Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

MFS Municipals Income Fund A (MFIAX) - free report >>

More from Zacks Best of Funds

You May Like