MFS Municipal Limited Maturity Fund A

Frequently Asked Questions About MTLFX

What does MTLFX invest in?

Under typical market conditions, this fund primarily dedicates at least 80% of its total assets to securities and other holdings that produce interest exempt from federal income tax, with municipal instruments being a central investment focus. While the interest earned is generally federal tax-exempt, it may still be subject to the federal alternative minimum tax. The fund also aims to maintain a relatively short duration, as its dollar-weighted average effective maturity usually does not surpass five years.

What is the expense ratio of MTLFX?

MFS Municipal Limited Maturity Fund A (MTLFX) charges an expense ratio of 0.59%. This is the annual fee deducted from fund assets to cover management and operations.

What is MTLFX's dividend yield?

MTLFX's trailing-twelve-month yield is 3.15%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of MTLFX?

Effective duration measures MTLFX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MTLFX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of MTLFX?

MTLFX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of MTLFX?

Yield to maturity (YTM) is the total return you'd earn from MTLFX if every bond in the portfolio is held to maturity at the current price. MTLFX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.