MFS Muni Income Fund Class A (MFIAX)

MFS Muni Income Fund Class A (MFIAX) is a mutual fund that primarily invests in municipal bonds, which are issued by state and local governments to fund public projects. This fund aims to provide investors with a steady stream of tax-free income while also preserving capital. It may also invest in other fixed-income securities, such as corporate bonds and mortgage-backed securities. MFIAX is managed by MFS Investment Management, a leading global investment firm with a long history of successful fund management. This fund is suitable for investors seeking tax-efficient income and a moderate level of risk.