MFSM

MFS Active Intermediate Muni Bond ETF

$25.02

+0.00%

Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The MFS Active Intermediate Muni Bond ETF seeks to provide a high level of current income exempt from federal income tax, consistent with preservation of capital.

Overview

ETF tracking MFS Active Intermediate Muni Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2024-12-05

Market Cap $50.0M

Average Volume N/A

Dividend Yield 2.92%

52-Week Range $23.92 - $25.14

VWAP $25.03

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The MFS Active Intermediate Muni Bond ETF seeks to provide a high level of current income exempt from federal income tax, consistent with preservation of capital.

🎯 Investment Strategy

The fund invests primarily in municipal bonds, which are debt securities issued by state and local governments and their agencies. The fund's portfolio managers use fundamental research and active management to construct a diversified portfolio of municipal bonds with intermediate-term maturities.

✨ Key Features

Actively managed municipal bond fund focused on intermediate-term maturities
Seeks to provide high levels of tax-exempt income while preserving capital
Diversified portfolio of municipal bonds across sectors and issuers
Experienced portfolio management team with a disciplined investment process

⚠️ Primary Risks

Interest rate risk: The fund's share price and yield will be affected by changes in interest rates
Credit/default risk: The fund is subject to the risk that a bond issuer may fail to pay interest or principal in a timely manner
Liquidity risk: The market for municipal bonds may at times be less liquid, making it difficult to sell holdings
Tax risk: Changes in tax laws or adverse determinations by tax authorities could affect the tax-exempt status of municipal bonds

👤 Best For

The MFS Active Intermediate Muni Bond ETF may be suitable for investors seeking a source of tax-exempt income and moderate risk exposure within their fixed income allocation. It is best suited for investors with a medium-term investment horizon who can tolerate some fluctuations in share price.