MFS Municipal Income I Fund ( MIMIX ) seeks to provide performance and income that is comparable to the Standard & Poor's MidCap 400 Index (S&P MidCap 400). MIMIX normally invests at least 80% of its net assets in equity securities of companies in the S&P MidCap 400.
This Muni Bond product has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 3, 5 year benchmarks; 3 year 4.5% and 5 year 3.7%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here .
MIMIX's performance, as of the last filing, when compared to funds in its category was in the top 17% over the past 1 year, and in the top 17% over the past 3 years and in the top 20% over the past 5 years.
This Zacks Rank #2 (Buy) was incepted in February 1998 and is managed by MFS . MIMIX carries an expense ratio of 0.48% and requires a minimal initial investment of $0.
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