MFSM – MFS Active Intermediate Muni Bond ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks total return with an emphasis on income exempt from federal income tax, but also considering capital appreciation. The fund normally invests at least 80% of the fund’s net assets in municipal instruments, 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. It normally invests the fund’s assets primarily in municipal instruments.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
MFSM	MFS Active Intermediate Muni Bond ETF	ETF	Open	—		Dec 4, 2024	$105.21M	0.340%	—	—	$60.56M

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