MIUIX Fees and Costs — MFS Municipal Intermediate Fund, Class I
Data updated: 2026-08-25
The net expense ratio is 0.45%: a 0.35% management fee plus 0.19% other expenses, less a 0.09% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 10%.
MIUIX Fees and Expenses
Annual operating expenses and sales charges of MIUIX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.19% |
| Gross expense ratio | 0.54% |
| Fee waiver | −0.09% |
| Net expense ratio | 0.45% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
MIUIX Costs Over Time
On $10,000 invested in MIUIX, assuming 5% a year before costs, total costs come to $285 over 5 years, cutting the return by 0.47% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.45%) | $47 | $148 | $259 |
| Lost growth on money paid in costs | $0 | $7 | $26 |
| Total costs | $47 | $156 | $285 |
| Value after costs | $10,453 | $11,421 | $12,478 |
| Impact on return, per year | 0.47% | 0.47% | 0.47% |
MIUIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $177.6M
- Portfolio turnover (prospectus): 10%
- Securities lending: none during the year
MIUIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $22.0M | 16.57% |
| J.P. Morgan Securities LLC | $20.6M | 15.55% |
| RBC Capital Markets, LLC | $19.1M | 14.40% |
| B. C. Ziegler and Company | $16.6M | 12.55% |
| Stifel, Nicolaus & Company, Incorporated | $14.1M | 10.65% |
| Morgan Stanley & Co. LLC | $10.0M | 7.53% |
| Keybanc Capital Markets Inc. | $8.8M | 6.64% |
| Goldman Sachs & Co. LLC | $7.9M | 5.96% |
| Piper Sandler & Co. | $7.1M | 5.38% |
| D.A. Davidson & Co. | $6.3M | 4.77% |
MFS Municipal Intermediate Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MIURX | Class R6 | 0.38% | none |
| MIUIX | Class I | 0.45% | none |
| MIUAX | Class A | 0.70% | 4.25% |
| MIUCX | Class C | 1.45% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.