mfs municipal high income fund state tax information 2020

Performance results reflect any applicable expense subsidies and waivers in effect during the periods shown. 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. Find an overview of how mutual funds are taxed, details about the tax forms you receive from MFS, and instructions for using this information to complete your tax return. 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. 03/31/23, 8.53% of total net assets | These reductions will continue until at least05/31/24. US Inflation Persists, Growth Revised Down, Explore resources to help educate on investing basics, New IRS Withholding Form for Retirement Plan Tax Withholding Elections (PDF), 2023 Dividend and Capital Gain Schedule (PDF). Prior to joining the firm, he worked in institutional sales -- fixed income for Fidelity Capital Markets and Goldman Sachs. Without such subsidies and waivers the fund's performance results would be less favorable. Leverage can cause increased volatility by magnifying gains or losses. a day ago View Detailed Check-in. These results represent the percent change in net asset value. Downside capture ratio is calculated by taking the portfolio's return during the periods of negative benchmark performance and dividing it by the benchmark return for that period. . Please make the necessary corrections below: Access your MFS mutual fund, IRA, 529 savings plan accounts, quarterly statements, and sign up for eDelivery. 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. Concentrated: The portfolio's performance could be more volatile than the performance of more diversified portfolios. Performance data shown represents past performance and is no guarantee of future results. All results are historical and assume the reinvestment of dividends and capital gains. Non-accruing securities are treated as having a coupon equal to zero. 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. 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. Please see the prospectus for further information on these and other risk considerations. 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. Morningstar Overall Rating As of 02/28/23 Class I Shares, Net Assets The portfolio itself has not been rated by any rating agency. 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. There are currently no items in this Watchlist. Flyer showing MFS' annual rankings from Barron's since 2008. Something went wrong while loading Watchlist. Fact Sheets are available approximately 15 days after month end. 04/28/23 Ex-Dividend Date is the date on which a fund goes ex-dividend. Copyright 2023 MarketWatch, Inc. All rights reserved. Shares of the funds are not FDIC-insured and are not deposits or other obligations of, or guaranteed by, any bank. The SEC yield is higher than the distribution yield in part due to unusual market conditions. 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. ): Change (%) (since Leverage: Leverage involves investment exposure in an amount exceeding the initial investment. Other Not Rated includes fixed income securities which have not been rated by any rating agency. Total Number of Holdings: It measures the amount of excess return over the risk free rate earned per unit of systematic risk (beta) assumed. 05/01/23. MMIIX | MFS Municipal High Income Fund;I Overview | MarketWatch Learn more about mutual funds at fidelity.com. For purposes of the funds 80% policy, net assets include the amount of any borrowings for investment purposes. As of 04/30/23 , subject to revision and not annualized.). M), (*YTD Updated This piece shows annual returns for broad-based asset classes ranked from best to worst, and includes the growth of $100,000 for each asset class over two separate decades. Megan Poplowski is an investment officer, fixed income portfolio manager and director of municipal research with MFS Investment Management (MFS). Cookie Notice (). Seeks total return with an emphasis on high income exempt from federal income tax, but also considering capital appreciation. Earned the Fruits of Your Labor (Level 58) badge! He began his career in the financial services industry in 1995. Performance results reflect any applicable expense subsidies and waivers in effect during the periods shown. . Net Assets R squared is not a measure of performance. Historical MP may not be available for all dates. The Fund invests, under normal market conditions, at least 80 . Ex-Dividend Date is the date on which a fund goes ex-dividend. For all securities other than those specifically described below, ratings are assigned to underlying securities utilizing ratings from Moody's, Fitch, and Standard & Poor's rating agencies and applying the following hierarchy: If all three agencies provide a rating, the middle rating (after dropping the highest and lowest ratings) is assigned; if two of the three agencies rate a security, the lower of the two is assigned. Daily, Compares four national municipal funds across the credit quality and maturity spectrum to help make the selection process easier. Short-term gains are taxable at ordinary income rates to the extent they are not reduced by offsetting capital losses. As of Seeks total return with an emphasis on high income exempt from federal income tax, but also considering capital appreciation. Information ratio is a measure of consistency in excess return. Net Expense Ratio: The Net Expense Ratio reflects the reduction of expenses from contractual fee waivers and reimbursements. If none of the 3 Rating Agencies above assign a rating, but the security is rated by DBRS Morningstar, then the DBRS Morningstar rating is assigned. The Fund seeks total return with an emphasis on high income exempt from federal income tax, but also considering capital appreciation. Privacy Policy. Effective after the close of business on September 29, 2023, Class R1 and R2 shares of applicable MFS funds will be closed to purchases from new eligible investors. 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. Full and Historical Holdings. The team employs a proprietary investment process to build better insights for our clients. Have Watchlists? ): Change $ (since Visit Place St. Andr, the heart of the city's historic quarter. Log in to see them here or sign up to get started. Beta is a measure of the volatility of a portfolio relative to the overall market. Subscriber Agreement & Terms of Use | For the best MarketWatch.com experience, please update to a modern browser. Copyright 2023 MarketWatch, Inc. All rights reserved. MMHYX - MFS Municipal High Income A Fund Stock Price | Morningstar Index portfolios will tend to have values very close to 100. 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. Class I shares are available without a sales charge to eligible investors. Dividend Reinvestment at NAV is the automatic reinvestment of shareholder dividends in more shares at net asset value. Megan joined MFS in 2015 as a fixed income analyst and was named director of research in 2017, adding portfolio management responsibilities in 2022. In this role, he is responsible for final buy and sell decisions, portfolio construction and risk and cash management. 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. ($ 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. Shareholders may request a printed version of an MFS Closed-End Fund's Annual or Semiannual report by calling (800) 637-2304 any business day between the hours of 9:00 am and 5:00 pm. 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. If you check this box, anyone using the computer you are working from now will be able to enter your mfs.com homepage without having to know or enter your user name and password. MMIIX: MFS Municipal High Income Fund - MutualFunds.com -0.75%. INRAE center Clermont-Auvergne-Rhne-Alpes 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.

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