profit from every $100 of sales.
$0$100
MFS Municipal Income
$5.16-1.15% today
-4.3% in 1 year
1-year low $4.781-year high $5.62
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2025.
0%20% a year
You pay $37.51 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What MFS Municipal Income sold, what it kept, and what it did with the cash.
Sales went from -$67.9 million in 2022 to $5.76 million in 2025, with $5.67 million of profit last year.
SalesProfit
MFS Municipal Income handed back more cash to shareholders than it generated last year.
$11M
Free cash flow 2025$11M
Bought back its own shares–
Paid as dividends$11M
MFS Municipal Income vs. similar companies
MFS Municipal Income grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| MFS Municipal Income | 37.5× · Expensive | ||
 PIMCO Dynamic Income Fund | 8.8× · Cheap | ||
 Nuveen AMT-Free Quality Municipal Income Fund | 38.0× · Expensive | ||
 Reaves Utility Income Fund | 4.0× · Cheap | ||
 Eaton Vance Tax-Managed Global Diversified Equity Income Fund | 7.0× · Cheap |
AI analysis
An AI analyst reads MFS Municipal Income's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -68 | 1 | 47 | 6 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| -68 | 1 | 47 | 6 | |
| -1.66 | 0.03 | 1.14 | – | |
| – | – | – | – | |
| – | – | – | – | |
| 100.5% | 89.3% | 99.7% | 98.3% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 341 | 337 | 371 | 363 |
| Cash | 0 | 0 | 0 | – |
| Total debt | – | – | – | – |
| Total liabilities | 116 | 120 | 118 | 114 |
| 225 | 217 | 254 | 248 | |
| 41 | 39 | 41 | – | |
| – | – | – | – | |
| -30.4% | 0.5% | 18.4% | 2.3% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 11 | 9 | 10 | 11 | |
| – | – | – | – | |
| 11 | 9 | 10 | 11 | |
| Dividends paid | 11 | 9 | 10 | 11 |
| – | – | 17 | – | |
| – | – | – | – |
Valuation
- 37.5×
- –
- –
- 0.9×
- 36.9×
- 19.1×
- –
- 5.2%
- 2.7%
- 5.2%
Profitability
- 38.1%
- 74.0%
- 98.3%
- 74.0%
- 2.8%
- 0.0%
- 2.3%
- 1.6%
- 2.8%
- –
Growth
- +110.5%
- –
- +9.1%
- −2.5%
- +0.0%
Financial health
- 11.3×
- 0.46
- 31.4%
- 4.9×
- –
- –
- 0.04
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 42%of 851
Top 7%of 737
Bottom 12%of 866
Top 2%of 867
Bottom 44%of 926
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Oct 31, 2025 | 0.32 | – | – |
| Dec 30, 2024 | 0.37 | – | – |
| Oct 4, 2024 | 0.76 | – | – |
| Oct 30, 2023 | -0.30 | – | – |
| Apr 30, 2023 | 0.31 | – | – |
| Oct 31, 2022 | -0.78 | – | – |
| Apr 30, 2022 | -0.88 | – | – |
| Oct 31, 2021 | 0.08 | – | – |
5.2%of the share price, paid each year
On $1,000 invested$52a year at today's yield, before tax
−2.5%2020 to 2025
Raised2 yearsin a row, in our data
Paid per share, each year
$0.39 in 2015 → $0.28 in 2025
How safe it looks
197.0% of its profit
Room to growStretchedMore than it earns: 100.1%
News
VanEck Vectors Long Municipal Index ETF declares monthly distribution of $0.0573Seeking Alpha · Nov 2, 2026VanEck Vectors Intermediate Municipal Index ETF declares monthly distribution of $0.1230Seeking Alpha · Nov 2, 2026SPDR Nuveen Barclays Short Term Municipal Bond ETF declares monthly distribution of $0.1082Seeking Alpha · Nov 2, 2026Nuveen New York AMT-Free Quality Municipal Income Fund declares $0.0655 dividendSeeking Alpha · Oct 6, 2026Invesco Pennsylvania Value Municipal Income Trust declares $0.0667 dividendSeeking Alpha · Oct 1, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
38No pass
Benjamin Graham
41No pass
Philip Fisher
56No pass
Peter Lynch
96Pass
Joel Greenblatt
10No pass
Charlie Munger
44No pass
Terry Smith
48No pass
Questions about MFS Municipal Income
Is MFS Municipal Income a good stock to buy?
A business with weak numbers, but the price is high. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the MFS Municipal Income AI analysis
What does MFS Municipal Income do?
MFS Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in tax-exempt bonds and tax-exempt notes. It is in Asset Management - Income.
Does MFS Municipal Income pay a dividend?
Yes. At today's price the dividend is 5.2% a year, about 197% of its yearly profit. In 2025 it paid out $11.2 million in dividends.
Is MFS Municipal Income stock halal?
No. MFS Municipal Income does not pass our halal screen: its main business, interest-based asset management, is not permitted. How we check
How has MFS Municipal Income stock done over the past year?
Down 4.3% over the past twelve months, to $5.16. It traded between $4.78 and $5.62 and is 8.2% below its high.
Who are MFS Municipal Income's competitors?
The largest listed companies in the same industry are PIMCO Dynamic Income Fund, Nuveen AMT-Free Quality Municipal Income Fund, Reaves Utility Income Fund and Eaton Vance Tax-Managed Global Diversified Equity Income Fund. The peers table on this page compares their profit, growth and price with MFS Municipal Income's.
Prices: daily closes to Nov 10, 2026. Fundamentals: company reports via invest-like data.