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Brief Study of MFS Municipal Income I Fund (MIMIX)

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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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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