MTLIX Fees and Costs — MFS Municipal Limited Maturity Fund, Class I
Data updated: 2026-09-28
The net expense ratio is 0.44%: a 0.34% management fee plus 0.12% other expenses, less a 0.02% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 26%.
MTLIX Fees and Expenses
Annual operating expenses and sales charges of MTLIX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.34% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.12% |
| Gross expense ratio | 0.46% |
| Fee waiver | −0.02% |
| Net expense ratio | 0.44% |
| 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 |
MTLIX Costs Over Time
On $10,000 invested in MTLIX, assuming 5% a year before costs, total costs come to $278 over 5 years, cutting the return by 0.46% 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 0.44%) | $46 | $145 | $253 |
| Lost growth on money paid in costs | $0 | $7 | $25 |
| Total costs | $46 | $152 | $278 |
| Value after costs | $10,454 | $11,424 | $12,484 |
| Impact on return, per year | 0.46% | 0.46% | 0.46% |
MTLIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $1.3B
- Portfolio turnover (prospectus): 26%
- Securities lending: none during the year
MTLIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $285.9M | 24.84% |
| BofA Securities, Inc. | $203.1M | 17.65% |
| RBC Capital Markets, LLC | $171.8M | 14.93% |
| Wells Fargo Securities, LLC | $110.9M | 9.63% |
| Morgan Stanley & Co. LLC | $88.7M | 7.71% |
| Keybanc Capital Markets Inc. | $71.0M | 6.17% |
| Barclays Capital, Inc. | $60.9M | 5.29% |
| Siebert Williams Shank & Co., LLC | $59.3M | 5.15% |
| Jefferies LLC | $52.2M | 4.53% |
| Goldman Sachs & Co. LLC | $47.3M | 4.11% |
MFS Municipal Limited Maturity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MTLRX | Class R6 | 0.36% | none |
| MTLIX | Class I | 0.44% | none |
| MTLFX | Class A | 0.59% | 2.50% |
| MTLBX | Class B | 1.34% | none |
| MTLCX | Class C | 1.44% | 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.