MFS Municipal Income Fund Class C (MMICX)

The MFS Municipal Income Fund Class C (MMICX) 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. It may also invest in other fixed-income securities, such as corporate bonds and mortgage-backed securities. The Class C shares of this fund typically have a lower initial investment requirement and higher ongoing expenses compared to other share classes. Overall, the MFS Municipal Income Fund Class C offers investors a way to potentially generate income while also diversifying their portfolio through investments in municipal bonds.