MFS Municipal Income Fund Class B (MMIBX)

The MFS Municipal Income Fund Class B (MMIBX) 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 their capital. As a Class B fund, it may have higher fees and expenses compared to other classes of the same fund. It is managed by MFS Investment Management, a well-established and reputable investment firm.