3 / 5 Stars
2 2 2 1 4
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
2 / 5 Stars
U.S. News evaluated 41 High Yield Muni Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned -5.12 percent over the past year, 6.40 percent over the past three years, 8.37 percent over the past five years, and 3.64 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||2.6%|
|3 Years (Annualized)||6.4%|
|5 Years (Annualized)||8.4%|
|10 Years (Annualized)||3.6%|
The investment seeks total return with an emphasis on high income exempt from federal income tax, but also considering capital appreciation. The fund invests normally at least 80% of its net assets in securities and other investments, the interest on which is exempt from federal income tax. Interest from the fund's investments may be subject to the federal alternative minimum tax. It 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.
Fees are High compared to funds in the same category.
MFS® Municipal High Income Fund has an expense ratio of 1.67 percent.
Risk is Average compared to funds in the same category according to Morningstar.