MFS® Municipal High Income Fund

Fund Holdings

Asset Allocation

% Long % Short % Net
Cash 4.01 0.23 3.78
Stocks 0.0 0.0 0.0
Bonds 95.91 0.0 95.91
Other 0.31 0.0 0.31
Foreign Bonds 0.0 0.0 0.0
Foreign Stocks 0.0 0.0 0.0
Convertible 0.0 0.0 0.0
Preferred 0.0 0.0 0.0

Updated 02.28.2014

Top 10 Holdings

Performance as of 03.31.2014

Portfolio as of 02.28.2014

% Net Assets
Tobacco Settlement Fing Corp N Asset 5% 1.25
Tobacco Settlement Fing Corp N Ass 4.75% 1.12
Buckeye Ohio Tob Settlement Fi Toba 6.5% 1.05
New York N Y City Indl Dev Agy Re 7.625% 0.97
Houston Tex Arpt Sys Rev Spl Facs 6.75% 0.84
Tobacco Settlement Fing Corp N Asse 4.5% 0.81
Railsplitter Tob Settlement Au Tobacc 6% 0.77
J P Morgan Chase Putters / Dri Ctfs 5.5% 0.74
Public Fin Auth 5% 0.7
Washington St Ctfs 0.69

Bond Ratings (%)

Updated 02.28.2014

Sector MMIIX
AAA 2.76
AA 8.53
A 13.17
BBB 29.51
BB 12.94
B 12.06
Below B 1.11
Other 19.92