MFSMMFS Active Intermediate Muni Bond ETF

Get income Grow my money1y track recordRanked #849 of 1,622 in this goal

Seeks total return with an emphasis on income exempt from federal income tax, but also considering capital appreciation.

By MFS · Launched 2024

Annual Cost

0.34%

#1,585 of 5,562 · low cost

Fund Size

$99M

#2,964 of 5,562 · mid-size

Dividend YieldGoal

3.56%

Track Record

1 year

#3,983 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$10,707+7.1%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 10.4% of fund✓ well diversified

State Street Global Advisors

1.2%

Arapahoe County School District No 5 Cherry Creek

1.1%

California Community Choice Financing Authority

1.1%

Greater Asheville Regional Airport Authority

1.1%

Pennsylvania Economic Development Financing Authority

1.1%

State of Minnesota

1.0%

Pennsylvania Economic Development Financing Authority

1.0%

New York City Housing Development Corp

1.0%

County of Santa Fe NM

1.0%

Development Authority for Fulton County

0.9%

Asset allocation

Bonds

95.5%

Cash

4.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

2.6%Low

Year-on-year price swings

Max drawdown

-3.9%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Bond profile

Duration

4.9 years

Avg maturity

10.5 years

Credit ratings

AAA

2.5%

37.3%

34.7%

BBB

17.4%

3.1%

0.5%

Below B

0.2%

Other

4.4%

Where to buy

Listing

Exchange: New York Stock Exchange

Full fund details

Objective: Seeks total return with an emphasis on income exempt from federal income tax, but also considering capital appreciation.
Strategy: Invests primarily in municipal instruments, including general obligation bonds and revenue-specific bonds, with at least 80% of net assets in tax-exempt instruments. Uses an active bottom-up approach, considering both fundamental analysis and top-down factors in investment selection.
Inception date: December 4, 2024
Fund family: MFS