MFS Municipal Limited Maturity Fund (MTLFX)
The fund invests, under normal market conditions, at least 80% of its net assets in securities and other investments, the interest on which is exempt from federal income tax. Interest from the fund's investments may be subject to the federal alternative minimum tax. Its investment adviser normally invests the fund's assets primarily in municipal instruments. The fund's dollar-weighted average effective maturity will normally not exceed five years.
Fund Info
US55272P5052
55272P505
Mar 16, 1992
$1,000
Expense Ratio
MTLFX has an expense ratio of 0.60%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
MFS Municipal Limited Maturity Fund (MTLFX) returned 0.77% year-to-date (YTD) and 4.06% over the past 12 months. Over the past 10 years, MTLFX returned 1.78% annually, underperforming the S&P 500 benchmark at 10.85%.
MTLFX
0.77%
0.25%
0.27%
4.06%
2.47%
1.32%
1.78%
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of MTLFX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.64% | 0.74% | -0.49% | -0.38% | 0.25% | 0.77% | |||||||
| 2024 | 0.10% | 0.09% | 0.10% | -0.40% | -0.01% | 0.87% | 0.89% | 0.99% | 0.75% | -0.74% | 0.74% | -0.50% | 2.89% |
| 2023 | 1.71% | -1.48% | 1.35% | -0.20% | -0.57% | 0.58% | 0.33% | -0.31% | -1.08% | -0.17% | 2.83% | 1.37% | 4.37% |
| 2022 | -1.94% | -0.40% | -1.98% | -1.39% | 0.88% | -0.52% | 1.52% | -1.50% | -2.17% | -0.25% | 2.12% | 0.30% | -5.30% |
| 2021 | 0.61% | -0.96% | 0.24% | 0.47% | 0.24% | 0.11% | 0.58% | -0.13% | -0.50% | -0.25% | 0.22% | 0.10% | 0.70% |
| 2020 | 1.24% | 0.74% | -3.41% | -0.71% | 2.02% | 0.89% | 1.13% | 0.03% | 0.13% | -0.22% | 0.97% | 0.49% | 3.25% |
| 2019 | 0.81% | 0.42% | 0.80% | 0.18% | 1.04% | 0.43% | 0.67% | 0.91% | -0.66% | 0.29% | 0.16% | 0.17% | 5.33% |
| 2018 | -0.57% | -0.09% | 0.05% | -0.19% | 0.68% | 0.30% | 0.30% | 0.06% | -0.32% | -0.31% | 0.69% | 0.69% | 1.29% |
| 2017 | 0.54% | 0.40% | 0.17% | 0.67% | 0.93% | -0.20% | 0.43% | 0.67% | -0.32% | 0.05% | -0.56% | 0.42% | 3.24% |
| 2016 | 0.89% | 0.15% | -0.09% | 0.40% | 0.04% | 0.89% | 0.16% | 0.04% | -0.21% | -0.33% | -2.28% | 0.44% | 0.06% |
| 2015 | 1.12% | -0.49% | 0.01% | -0.12% | -0.23% | 0.01% | 0.38% | 0.01% | 0.50% | 0.39% | -0.10% | 0.28% | 1.78% |
| 2014 | 0.90% | 0.62% | -0.48% | 0.63% | 0.50% | 0.01% | 0.14% | 0.50% | 0.00% | 0.26% | 0.14% | -0.11% | 3.14% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 87, MTLFX is among the top 13% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for MFS Municipal Limited Maturity Fund (MTLFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
MFS Municipal Limited Maturity Fund provided a 2.98% dividend yield over the last twelve months, with an annual payout of $0.24 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.24 | $0.23 | $0.19 | $0.12 | $0.11 | $0.15 | $0.18 | $0.17 | $0.17 | $0.16 | $0.13 | $0.13 |
Dividend yield | 2.98% | 2.84% | 2.33% | 1.50% | 1.30% | 1.74% | 2.11% | 2.14% | 2.07% | 1.96% | 1.64% | 1.61% |
Monthly Dividends
The table displays the monthly dividend distributions for MFS Municipal Limited Maturity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.08 | |||||||
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 2023 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.19 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.12 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.11 |
| 2020 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.15 |
| 2019 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.18 |
| 2018 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.17 |
| 2017 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.17 |
| 2016 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.16 |
| 2015 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.13 |
| 2014 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.13 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the MFS Municipal Limited Maturity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the MFS Municipal Limited Maturity Fund was 8.98%, occurring on Mar 20, 2020. Recovery took 169 trading sessions.
The current MFS Municipal Limited Maturity Fund drawdown is 0.75%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -8.98% | Mar 10, 2020 | 9 | Mar 20, 2020 | 169 | Nov 18, 2020 | 178 |
| -8.32% | Aug 6, 2021 | 308 | Oct 25, 2022 | 443 | Aug 1, 2024 | 751 |
| -4.66% | Sep 12, 2008 | 27 | Oct 20, 2008 | 58 | Jan 13, 2009 | 85 |
| -4.29% | Feb 1, 1994 | 45 | Apr 4, 1994 | 237 | Mar 1, 1995 | 282 |
| -3.53% | Mar 16, 2004 | 42 | May 13, 2004 | 161 | Jan 3, 2005 | 203 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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