MFS Municipal Income R6
MPMNX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Boston, MA 2199 Boston MA United States of America 2199
- IPO Date
- Aug 1, 2017
- CIK
- 0000751656
- Website
- mfs.com
- Similar Companies
- Business
- MFS Municipal Income Fund R6 (MPMNX) is an open-end mutual fund managed by Massachusetts Financial Services Company (MFS) that seeks total return with a primary emphasis on income exempt from federal income tax, while also considering capital appreciation. The fund normally invests at least 80% of its net assets in municipal securities and other investments generating interest exempt from federal income tax (though a portion may be subject to the federal alternative minimum tax), including tax-exempt bonds and notes issued by states, territories, possessions, and their political subdivisions to finance projects such as education, healthcare, housing, utilities, water, and sewers; it may also allocate up to 25% or more to municipal instruments financing similar projects and holds a diversified portfolio across approximately 2,100 issues from 740 issuers, with top holdings including Texas Municipal Gas Acquisition & Supply Corp revenue bonds, New York Transportation Development Corp sustainable bonds, and California Community Choice Financing Authority green bonds. Geographically, the fund focuses on U.S. municipal bonds, with portfolio exposure primarily to issuers in states including Texas, New York, California, New Hampshire, Alabama, Puerto Rico, Virginia, and others, benchmarked against the Bloomberg Municipal Bond Index. MFS, headquartered in Boston, Massachusetts, commenced the fund on December 29, 1986, with the R6 share class launched on August 1, 2017; as of September 30, 2025, net assets total approximately $6.17 billion, an average effective duration of 8.37 years, average maturity of 19.40 years, yield to worst of 5.11%, and a net expense ratio of 0.44%. In recent developments, portfolio manager Geoff Schechter retired from MFS effective September 30, 2025, relinquishing his responsibilities on the fund, which is now managed by Jason Kosty (since July 29, 2015) and Megan Poplowski (since March 1, 2022), continuing MFS's approach leveraging its municipal bond expertise since the 1970s, integrated global platform, portfolio management-driven risk budgeting, quantitative market risk analysis, and analyst focus on idiosyncratic risks. The fund maintains a risk-aware strategy emphasizing consistent long-term performance amid municipal market volatility, with no reported recent partnerships, acquisitions, funding rounds, new product launches, or major strategic shifts specific to this share class.