MFS Municipal Limited Maturity Fund A
MTLFX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 111 Huntington Avenue Boston MA United States of America 2199
- IPO Date
- Mar 6, 1992
- CIK
- 0000063075
- Website
- mfs.com
- Similar Companies
- Business
- MFS Municipal Limited Maturity Fund A (MTLFX) is an open-end mutual fund that seeks total return with an emphasis on income exempt from federal income tax, while also considering capital preservation. The fund primarily invests in a diversified portfolio of investment-grade municipal bonds and notes with intermediate to limited maturities, typically featuring an average effective duration of approximately 3.54 years and average effective maturity of 5.12 years; it holds over 1,100 issues from around 460 issuers, including top holdings such as variable-rate bonds from the Industrial Development Authority of the City of Phoenix, California Community Choice Financing Authority sustainable and green bonds, Miami-Dade County aviation revenue bonds, and Tennessee energy acquisition corporation gas project bonds; the portfolio emphasizes municipal tax-exempt securities (95.65%), with minor allocations to cash equivalents, municipal taxable bonds, and corporate bonds, maintaining a credit quality profile predominantly in AA (35.38%) and A (35.26%) ratings. Launched on March 17, 1992, the fund is managed by a team at MFS Investment Management, including Geoffrey Schechter (since 2000), Jason Kosty (since 2014), Michael Dawson (since 2021), and Megan Poplowski (since 2022), and operates from MFS's headquarters in Boston, Massachusetts, with global research support from offices in Hong Kong, London, Singapore, Tokyo, Sydney, Toronto, and São Paulo. In December 2025, MFS entered into an agreement with Aberdeen Investments to transfer management of nine closed-end funds, including four municipal bond funds, consolidating them into larger vehicles such as a $1 billion municipal bond CEF, marking a strategic shift in select fixed-income offerings; the firm also launched multiple active ETFs in 2024 and 2025, including the MFS Blended Research Core Equity ETF (BRCE), International Equity ETF (BRIE), and Active Mid Cap ETF (MMID), expanding its product suite beyond traditional mutual funds like MTLFX; additionally, MFS announced executive transitions effective January 1, 2025, with Alison O’Neill succeeding as chief investment officer and Ted Maloney assuming the CEO role. The fund targets U.S. individual and institutional investors seeking tax-advantaged short-term fixed income exposure, with total net assets of approximately $2.87 billion as of September 30, 2025, a net expense ratio of 0.59%, and a front-end load of 2.50%, domiciled in the United States and available primarily to U.S. investors.