INVESTMENT OBJECTIVE
Seeks total return with an emphasis on high income exempt from federal income tax, but also considering capital appreciation.
INVESTMENT FOCUS
MFS has been investing in municipal bonds since the 1970's. The fund benefits from the experience, continuity and stability of the investment team, and utilizing our integrated global investment platform
Portfolio management-driven approach to risk budgeting; quantitative tools help analyze market risk, and an experienced analyst team focuses on idiosyncratic risk
Risk-aware approach with a focus on consistent long-term performance
Fund Information
- Fund Commencement 02/24/1984
- Net Assets ($ M) As of 10/31/24 $4540.29
- Fiscal Year End JANUARY
-
Benchmark
Bloomberg Municipal Bond Index
Bloomberg Municipal Bond Index measures the municipal bond market.
Share Class Information
- Class Inception 09/07/1993
- Net Asset Value (NAV) As of 11/22/24 $7.59
- Most Recent NAV Change As of 11/22/24 $0.00 | 0.00%
- Fund Number 225
- Maximum Sales Charge 4%
-
Gross Expense Ratio
1.67%
Gross Expense Ratio: The Gross Expense Ratio is the fund's total operating expense ratio from the fund's most recent prospectus.
-
Net Expense Ratio
1.36%
Net Expense Ratio: The Net Expense Ratio reflects the reduction of expenses from contractual fee waivers and reimbursements. Elimination of these reductions will result in higher expenses and lower performance.
These reductions will continue until at least 05/31/25
MANAGERS
Effective September 30, 2025, Geoff Schechter will retire from MFS and relinquish his portfolio management responsibilities.
Top 10 Holdings
- PR Sales Tax Financing Corp Sales Tax Revenue PR Restructured-Ser A-1 5.000 JUL 01 58
- Buckeye Tobacco Settlement Financing Auth OH Ref-Senior-Class 2-Ser B-2 5.000 JUN 01 55
- Housing Development Corp NY 8 Spruce Street-Class F 4.500 FEB 15 48
- Berks County Municipal Authority/The PA Exchange-Tower Health Project- 5.000 JUN 30 39
- California Community Choice Financing Authority CA Variable-Green Bonds-Ser C 5.250 JAN 01 54
- Public Finance Authority WI American Dream @ Meadowlands P 6.250 AUG 01 27
- New York Transportation Development Corp NY Amt-Sustainable Bond-Jfk Inter AGM 5.125 JUN 30 60
- City of Chicago IL Ref-Ser A 5.000 JAN 01 33
- New York Liberty Development Corp NY Ref-Class 1-3 World Trade Ctr 5.000 NOV 15 44
- New Hampshire Business Finance Authority NH Centurion Biosquare Inc-Ser A 5.880 DEC 15 38
Important Risk Considerations
The fund may not achieve its objective and/or you could lose money on your investment in the fund.
Bond: Investments in debt instruments may decline in value as the result of, or perception of, declines in the credit quality of the issuer, borrower, counterparty, or other entity responsible for payment, underlying collateral, or changes in economic, political, issuer-specific, or other conditions. Certain types of debt instruments can be more sensitive to these factors and therefore more volatile. In addition, debt instruments entail interest rate risk (as interest rates rise, prices usually fall). Therefore, the portfolio's value may decline during rising rates. Portfolios that consist of debt instruments with longer durations are generally more sensitive to a rise in interest rates than those with shorter durations. At times, and particularly during periods of market turmoil, all or a large portion of segments of the market may not have an active trading market. As a result, it may be difficult to value these investments and it may not be possible to sell a particular investment or type of investment at any particular time or at an acceptable price. The price of an instrument trading at a negative interest rate responds to interest rate changes like other debt instruments; however, an instrument purchased at a negative interest rate is expected to produce a negative return if held to maturity.
Derivatives: Investments in derivatives can be used to take both long and short positions, be highly volatile, involve leverage (which can magnify losses), and involve risks in addition to the risks of the underlying indicator(s) on which the derivative is based, such as counterparty and liquidity risk.
High Yield: Investments in below investment grade quality debt instruments can be more volatile and have greater risk of default, or already be in default, than higher-quality debt instruments.
Municipal Bond: Investments in municipal instruments can be volatile and significantly affected by adverse tax or court rulings, legislative or political changes, market and economic conditions, issuer, industry-specific (including the credit quality of municipal insurers), and other conditions. Because many municipal instruments are issued to finance similar projects, conditions in certain industries can significantly affect the portfolio and the overall municipal market.
Concentrated: The portfolio's performance could be closely tied to the economic, political, and other conditions in the state and other states and U.S. territories and possessions in which the portfolio invests and could be more volatile than the performance of more geographically diversified portfolios.
Please see the prospectus for further information on these and other risk considerations.
Jason Kosty
Portfolio Manager
Jason R. Kosty is an investment officer and fixed income portfolio manager of national municipal bond strategies at MFS Investment Management® (MFS®). In this role, he is responsible for final buy and sell decisions, portfolio construction and risk and cash management. He also participates in the research process and strategy discussions. Jason joined the firm in 2003 as a municipal bond research analyst and took on portfolio management responsibilities in 2014. Previously, he worked as a research associate and municipal bond analyst for Columbia Management Group. He began his career in the financial services industry in 1995. Jason earned a Bachelor of Arts degree in economics from the University of Massachusetts and a Master of Business Administration degree from Duke University. He is a member of the National Federation of Municipal Analysts and the Boston Municipal Analysts Forum.
Megan Poplowski
Portfolio Manager
Megan Poplowski is co-head of municipal research and a fixed income portolio manager with MFS Investment Management® (MFS®). As a member of the portolio management team, she is responsible for final buy and sell decisions, portfolio construction, risk assessment and cash management. She also participates in the research process and strategy discussions. As co-head of municipal research, Megan works closely with a team of municipal research analysts tasked with developing and communicating impactful investment ideas for the municipal portfolios and across the MFS fixed income platform. Megan joined MFS in 2015 as a fixed income analyst and was named director of research in 2017, adding portfolio management responsibilities in 2022. She previously worked for Eaton Vance Management for seven years. She also spent five years with Financial Guaranty Insurance and two years at Moody's Investors Service. She began her career in municipal finance at the New York City budget office. Megan earned a Bachelor of Arts degree from Holy Cross College and a Master of Public Administration degree from New York University. She is a member of the National Federation of Municipal Analysts and its Boston chapter.
Geoffrey Schechter, CFA, CPA
Portfolio Manager
Geoffrey L. Schechter, CFA, CPA, is an investment officer at MFS Investment Management® (MFS®) and a portfolio manager of the firm's government securities and municipal bond portfolios.
Geoff joined MFS as an investment officer in 1993 after working as a municipal credit analyst with a major insurance company. He was named portfolio manager in 1993.
Geoff is a graduate of the University of Texas and has an MBA degree from Boston University. He holds the Chartered Financial Analyst (CFA) and Certified Public Accountant (CPA) designations.
Our portfolio managers are supported by our entire team of investment professionals in nine worldwide offices. The team employs a proprietary investment process to build better insights for our clients. The core principles of our approach are integrated research, global collaboration and active risk management.
Performance
Average Annual Total Returns (%)
Important Performance Information
Dividends are generally subject to state and local taxes. For investors subject to the alternative minimum tax, a small portion of dividend income may be taxable. Capital gains distributions, if any, are taxable.
Sales Charges
Class B shares ("B") results include the applicable contingent deferred sales charge (CDSC), which declines over six years from 4% to 0%. The elimination of the charge begins six years after the end of the month in which shares were initially purchased.
Annual Rate of Return (%)
As of 12/31/23 | Benchmark: Bloomberg Municipal Bond Index| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| At NAV | 13.85 | 4.22 | 0.89 | 6.96 | 1.32 | 8.65 | 2.74 | 4.52 | -14.47 | 5.35 |
| With Sales Charge | 9.85 | 0.22 | -3.01 | 2.96 | -2.59 | 4.65 | -1.25 | 0.52 | -17.79 | 1.35 |
| Bloomberg Municipal Bond Index | 9.05 | 3.30 | 0.25 | 5.45 | 1.28 | 7.54 | 5.21 | 1.52 | -8.53 | 6.40 |
| At NAV | With Sales Charge | Bloomberg Municipal Bond Index | |
|---|---|---|---|
| 2023 | 5.35 | 1.35 | 6.4 |
| 2022 | -14.47 | -17.79 | -8.53 |
| 2021 | 4.52 | 0.52 | 1.52 |
| 2020 | 2.74 | -1.25 | 5.21 |
| 2019 | 8.65 | 4.65 | 7.54 |
| 2018 | 1.32 | -2.59 | 1.28 |
| 2017 | 6.96 | 2.96 | 5.45 |
| 2016 | 0.89 | -3.01 | 0.25 |
| 2015 | 4.22 | 0.22 | 3.3 |
| 2014 | 13.85 | 9.85 | 9.05 |
Pricing History
- NAV at Close of Trading on: 11/22/24
- Net Asset Value (NAV): $7.59
- Change ($) (since 11/21/24 ): 0.00
- Change (%) (since 11/21/24 ): 0.00
- Market Price (MP):
Historical NAV may not be available for all dates.
Historical MP may not be available for all dates.
Distribution Rates (%)
The distribution rates are computed by annualizing the current distribution rate per share (excluding short-term capital gains), and dividing the result by the public offering price (for the distribution rate including sales charge) or net asset value (for the distribution rate not including sales charge) at the end of the business day.
The distribution rates are computed by annualizing the current distribution rate per share (excluding short-term capital gains), and dividing the result by the public offering price (for the distribution rate including sales charge) or net asset value (for the distribution rate not including sales charge) at the end of the business day.
As of 10/31/24
| Charges | Distribution Rate |
| Not Including Sales Charges | 3.54 |
| Including Sales Charges | 3.54 |
30-Day SEC Yield (%)
The fund's 30-day yield is based on the yield of a fund's investments over a 30-day period and not on the dividend paid by the fund, which may differ.
As of 10/31/24
| Wavier | Yield Value |
| Without Waiver | 3.08 |
| With Waiver | 3.41 |
Distributions
The Record Date is the date on which a fund declares a distribution. To receive the distribution, an investor must be a shareholder of record on that date.The Payable Date is the date on which the distribution is paid to shareholders.
Dividend Rate per Share is the amount of dividend that a shareholder will receive for each share held. It can be calculated by taking the total amount of dividends paid and dividing it by the total shares outstanding.
Dividend Reinvestment at NAV is the automatic reinvestment of shareholder dividends in more shares at net asset value.
Ex-Dividend Date is the date on which a fund goes ex-dividend. The interval between the announcement and the payment of the next dividend. An investor must own the fund before the ex-dividend date to be eligible for the dividend payout.
Long-term Capital Gain
The gain on the sale of a capital asset where the holding period was more than 12 months and the profit was subject to the long-term capital gains tax.
(Source: Barron's Dictionary of Finance and Investment Terms)
Short-term Capital Gain
For tax purposes the profit realized from the sale of securities or other capital assets held for less than 12 months. Short-term gains are taxable at ordinary income rates to the extent they are not reduced by offsetting capital losses.
(Source: Barron's Dictionary of Finance and Investment Terms)
The Payable Date is the date on which the distribution is paid to shareholders.
Dividend Rate per Share is the amount of dividend that a shareholder will receive for each share held. It can be calculated by taking the total amount of dividends paid and dividing it by the total shares outstanding.
Dividend Reinvestment at NAV is the automatic reinvestment of shareholder dividends in more shares at net asset value.
Ex-Dividend Date is the date on which a fund goes ex-dividend. The interval between the announcement and the payment of the next dividend. An investor must own the fund before the ex-dividend date to be eligible for the dividend payout.
Long-term Capital Gain The gain on the sale of a capital asset where the holding period was more than 12 months and the profit was subject to the long-term capital gains tax. (Source: Barron's Dictionary of Finance and Investment Terms)
Short-term Capital Gain For tax purposes the profit realized from the sale of securities or other capital assets held for less than 12 months. Short-term gains are taxable at ordinary income rates to the extent they are not reduced by offsetting capital losses. (Source: Barron's Dictionary of Finance and Investment Terms)
Updated Daily As of 11/23/24
| Record Date | Ex-Date | Payable Date | Type of Earnings | Rate per Share (US$) | Reinvestment NAV (US$) |
|---|---|---|---|---|---|
| 10/31/24 | 10/31/24 | 11/01/24 | Dividend | 0.02276 | 7.56 |
| 09/30/24 | 09/30/24 | 10/01/24 | Dividend | 0.02120 | 7.69 |
| 08/30/24 | 08/30/24 | 09/03/24 | Dividend | 0.02168 | 7.59 |
| 07/31/24 | 07/31/24 | 08/01/24 | Dividend | 0.02262 | 7.53 |
| 06/28/24 | 06/28/24 | 07/01/24 | Dividend | 0.02120 | 7.46 |
| 05/31/24 | 05/31/24 | 06/03/24 | Dividend | 0.02168 | 7.26 |
| 04/30/24 | 04/30/24 | 05/01/24 | Dividend | 0.02129 | 7.24 |
| 03/28/24 | 03/28/24 | 04/01/24 | Dividend | 0.02259 | 7.36 |
| 02/29/24 | 02/29/24 | 03/01/24 | Dividend | 0.02146 | 7.33 |
| 01/31/24 | 01/31/24 | 02/01/24 | Dividend | 0.02342 | 7.33 |
| 12/29/23 | 12/29/23 | 12/29/23 | Dividend | 0.02289 | 7.32 |
| 11/30/23 | 11/30/23 | 12/01/23 | Dividend | 0.02203 | 7.11 |
-
Overview
INVESTMENT OBJECTIVE
Seeks total return with an emphasis on high income exempt from federal income tax, but also considering capital appreciation.
INVESTMENT FOCUS
MFS has been investing in municipal bonds since the 1970's. The fund benefits from the experience, continuity and stability of the investment team, and utilizing our integrated global investment platform
Portfolio management-driven approach to risk budgeting; quantitative tools help analyze market risk, and an experienced analyst team focuses on idiosyncratic risk
Risk-aware approach with a focus on consistent long-term performance
Fund Information
- Fund Commencement 02/24/1984
- Net Assets ($ M) As of 10/31/24 $4540.29
- Fiscal Year End JANUARY
-
Benchmark
Bloomberg Municipal Bond Index
Bloomberg Municipal Bond Index measures the municipal bond market.
Share Class Information
- Class Inception 09/07/1993
- Net Asset Value (NAV) As of 11/22/24 $7.59
- Most Recent NAV Change As of 11/22/24 $0.00 | 0.00%
- Fund Number 225
- Maximum Sales Charge 4%
-
Gross Expense Ratio
1.67%
Gross Expense Ratio: The Gross Expense Ratio is the fund's total operating expense ratio from the fund's most recent prospectus.
-
Net Expense Ratio
1.36%
Net Expense Ratio: The Net Expense Ratio reflects the reduction of expenses from contractual fee waivers and reimbursements. Elimination of these reductions will result in higher expenses and lower performance.
These reductions will continue until at least 05/31/25
MANAGERS
Effective September 30, 2025, Geoff Schechter will retire from MFS and relinquish his portfolio management responsibilities.
Top 10 Holdings
As of 10/31/24- PR Sales Tax Financing Corp Sales Tax Revenue PR Restructured-Ser A-1 5.000 JUL 01 58
- Buckeye Tobacco Settlement Financing Auth OH Ref-Senior-Class 2-Ser B-2 5.000 JUN 01 55
- Housing Development Corp NY 8 Spruce Street-Class F 4.500 FEB 15 48
- Berks County Municipal Authority/The PA Exchange-Tower Health Project- 5.000 JUN 30 39
- California Community Choice Financing Authority CA Variable-Green Bonds-Ser C 5.250 JAN 01 54
- Public Finance Authority WI American Dream @ Meadowlands P 6.250 AUG 01 27
- New York Transportation Development Corp NY Amt-Sustainable Bond-Jfk Inter AGM 5.125 JUN 30 60
- City of Chicago IL Ref-Ser A 5.000 JAN 01 33
- New York Liberty Development Corp NY Ref-Class 1-3 World Trade Ctr 5.000 NOV 15 44
- New Hampshire Business Finance Authority NH Centurion Biosquare Inc-Ser A 5.880 DEC 15 38
Important Risk Considerations
The fund may not achieve its objective and/or you could lose money on your investment in the fund.
Bond: Investments in debt instruments may decline in value as the result of, or perception of, declines in the credit quality of the issuer, borrower, counterparty, or other entity responsible for payment, underlying collateral, or changes in economic, political, issuer-specific, or other conditions. Certain types of debt instruments can be more sensitive to these factors and therefore more volatile. In addition, debt instruments entail interest rate risk (as interest rates rise, prices usually fall). Therefore, the portfolio's value may decline during rising rates. Portfolios that consist of debt instruments with longer durations are generally more sensitive to a rise in interest rates than those with shorter durations. At times, and particularly during periods of market turmoil, all or a large portion of segments of the market may not have an active trading market. As a result, it may be difficult to value these investments and it may not be possible to sell a particular investment or type of investment at any particular time or at an acceptable price. The price of an instrument trading at a negative interest rate responds to interest rate changes like other debt instruments; however, an instrument purchased at a negative interest rate is expected to produce a negative return if held to maturity.
Derivatives: Investments in derivatives can be used to take both long and short positions, be highly volatile, involve leverage (which can magnify losses), and involve risks in addition to the risks of the underlying indicator(s) on which the derivative is based, such as counterparty and liquidity risk.
High Yield: Investments in below investment grade quality debt instruments can be more volatile and have greater risk of default, or already be in default, than higher-quality debt instruments.
Municipal Bond: Investments in municipal instruments can be volatile and significantly affected by adverse tax or court rulings, legislative or political changes, market and economic conditions, issuer, industry-specific (including the credit quality of municipal insurers), and other conditions. Because many municipal instruments are issued to finance similar projects, conditions in certain industries can significantly affect the portfolio and the overall municipal market.
Concentrated: The portfolio's performance could be closely tied to the economic, political, and other conditions in the state and other states and U.S. territories and possessions in which the portfolio invests and could be more volatile than the performance of more geographically diversified portfolios.
Please see the prospectus for further information on these and other risk considerations.
Jason Kosty
Portfolio Manager
29YEARS WITH INDUSTRY
4YEARS WITH PORTFOLIOJason R. Kosty is an investment officer and fixed income portfolio manager of national municipal bond strategies at MFS Investment Management® (MFS®). In this role, he is responsible for final buy and sell decisions, portfolio construction and risk and cash management. He also participates in the research process and strategy discussions. Jason joined the firm in 2003 as a municipal bond research analyst and took on portfolio management responsibilities in 2014. Previously, he worked as a research associate and municipal bond analyst for Columbia Management Group. He began his career in the financial services industry in 1995. Jason earned a Bachelor of Arts degree in economics from the University of Massachusetts and a Master of Business Administration degree from Duke University. He is a member of the National Federation of Municipal Analysts and the Boston Municipal Analysts Forum.
Megan Poplowski
Portfolio Manager
24YEARS WITH INDUSTRY
3YEARS WITH PORTFOLIOMegan Poplowski is co-head of municipal research and a fixed income portolio manager with MFS Investment Management® (MFS®). As a member of the portolio management team, she is responsible for final buy and sell decisions, portfolio construction, risk assessment and cash management. She also participates in the research process and strategy discussions. As co-head of municipal research, Megan works closely with a team of municipal research analysts tasked with developing and communicating impactful investment ideas for the municipal portfolios and across the MFS fixed income platform. Megan joined MFS in 2015 as a fixed income analyst and was named director of research in 2017, adding portfolio management responsibilities in 2022. She previously worked for Eaton Vance Management for seven years. She also spent five years with Financial Guaranty Insurance and two years at Moody's Investors Service. She began her career in municipal finance at the New York City budget office. Megan earned a Bachelor of Arts degree from Holy Cross College and a Master of Public Administration degree from New York University. She is a member of the National Federation of Municipal Analysts and its Boston chapter.
Geoffrey Schechter, CFA, CPA
Portfolio Manager
35YEARS WITH INDUSTRY
22YEARS WITH PORTFOLIOGeoffrey L. Schechter, CFA, CPA, is an investment officer at MFS Investment Management® (MFS®) and a portfolio manager of the firm's government securities and municipal bond portfolios.
Geoff joined MFS as an investment officer in 1993 after working as a municipal credit analyst with a major insurance company. He was named portfolio manager in 1993.
Geoff is a graduate of the University of Texas and has an MBA degree from Boston University. He holds the Chartered Financial Analyst (CFA) and Certified Public Accountant (CPA) designations.
Our portfolio managers are supported by our entire team of investment professionals in nine worldwide offices. The team employs a proprietary investment process to build better insights for our clients. The core principles of our approach are integrated research, global collaboration and active risk management. -
Performance
Performance
Average Annual Total ReturnsAverage Annual Total Returns (%)
These results represent the percent change in net asset value.Monthly | Quarterly As of 09/30/24 (*YTD Updated Daily, As of 11/22/24 , subject to revision and not annualized.)The performance shown is attributable in part to unusual market conditions. These conditions may not be repeated in the future.The performance shown is attributable in part to unusual market conditions. These conditions may not be repeated in the future.Performance data shown represents past performance and is no guarantee of future results. Investment return and principal value fluctuate so your shares, when sold, may be worth more or less than the original cost; current performance may be lower or higher than quoted.Important Performance Information
Performance results reflect any applicable expense subsidies and waivers in effect during the periods shown. Without such subsidies and waivers the fund's performance results would be less favorable. All results are historical and assume the reinvestment of dividends and capital gains.Dividends are generally subject to state and local taxes. For investors subject to the alternative minimum tax, a small portion of dividend income may be taxable. Capital gains distributions, if any, are taxable.
Sales Charges
Class B shares ("B") results include the applicable contingent deferred sales charge (CDSC), which declines over six years from 4% to 0%. The elimination of the charge begins six years after the end of the month in which shares were initially purchased.
Annual Rate of ReturnAnnual Rate of Return (%)
As of 12/31/23 | Benchmark: Bloomberg Municipal Bond Indexannual rate of return table 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 At NAV 13.85 4.22 0.89 6.96 1.32 8.65 2.74 4.52 -14.47 5.35 With Sales Charge 9.85 0.22 -3.01 2.96 -2.59 4.65 -1.25 0.52 -17.79 1.35 Bloomberg Municipal Bond Index 9.05 3.30 0.25 5.45 1.28 7.54 5.21 1.52 -8.53 6.40 At NAV With Sales Charge Bloomberg Municipal Bond Index 2023 5.35 1.35 6.4 2022 -14.47 -17.79 -8.53 2021 4.52 0.52 1.52 2020 2.74 -1.25 5.21 2019 8.65 4.65 7.54 2018 1.32 -2.59 1.28 2017 6.96 2.96 5.45 2016 0.89 -3.01 0.25 2015 4.22 0.22 3.3 2014 13.85 9.85 9.05 Pricing & DistributionsPricing History
- NAV at Close of Trading on: 11/22/24
- Net Asset Value (NAV): $7.59
- Change ($) (since 11/21/24 ): 0.00
- Change (%) (since 11/21/24 ): 0.00
- Market Price (MP):
Maximum data displayed is for the most recent 10 yearsHistorical NAV LookupEnter date for which you wish to obtain a Historical NAV for this fundHistorical NAV may not be available for all dates.
Historical MP LookupEnter date for which you wish to obtain a Historical MP for this fundHistorical MP may not be available for all dates.
Distribution Rates (%)
The distribution rates are computed by annualizing the current distribution rate per share (excluding short-term capital gains), and dividing the result by the public offering price (for the distribution rate including sales charge) or net asset value (for the distribution rate not including sales charge) at the end of the business day.
As of 10/31/24
Charges Distribution Rate Not Including Sales Charges 3.54 Including Sales Charges 3.54 30-Day SEC Yield (%)
The fund's 30-day yield is based on the yield of a fund's investments over a 30-day period and not on the dividend paid by the fund, which may differ.As of 10/31/24
Wavier Yield Value Without Waiver 3.08 With Waiver 3.41 Distributions
The Record Date is the date on which a fund declares a distribution. To receive the distribution, an investor must be a shareholder of record on that date.The Payable Date is the date on which the distribution is paid to shareholders.
Dividend Rate per Share is the amount of dividend that a shareholder will receive for each share held. It can be calculated by taking the total amount of dividends paid and dividing it by the total shares outstanding.
Dividend Reinvestment at NAV is the automatic reinvestment of shareholder dividends in more shares at net asset value.
Ex-Dividend Date is the date on which a fund goes ex-dividend. The interval between the announcement and the payment of the next dividend. An investor must own the fund before the ex-dividend date to be eligible for the dividend payout.
Long-term Capital Gain The gain on the sale of a capital asset where the holding period was more than 12 months and the profit was subject to the long-term capital gains tax. (Source: Barron's Dictionary of Finance and Investment Terms)
Short-term Capital Gain For tax purposes the profit realized from the sale of securities or other capital assets held for less than 12 months. Short-term gains are taxable at ordinary income rates to the extent they are not reduced by offsetting capital losses. (Source: Barron's Dictionary of Finance and Investment Terms)
Updated Daily As of 11/23/24
Record Date Ex-Date Payable Date Type of Earnings Rate per Share (US$) Reinvestment NAV (US$) 10/31/24 10/31/24 11/01/24 Dividend 0.02276 7.56 09/30/24 09/30/24 10/01/24 Dividend 0.02120 7.69 08/30/24 08/30/24 09/03/24 Dividend 0.02168 7.59 07/31/24 07/31/24 08/01/24 Dividend 0.02262 7.53 06/28/24 06/28/24 07/01/24 Dividend 0.02120 7.46 05/31/24 05/31/24 06/03/24 Dividend 0.02168 7.26 04/30/24 04/30/24 05/01/24 Dividend 0.02129 7.24 03/28/24 03/28/24 04/01/24 Dividend 0.02259 7.36 02/29/24 02/29/24 03/01/24 Dividend 0.02146 7.33 01/31/24 01/31/24 02/01/24 Dividend 0.02342 7.33 12/29/23 12/29/23 12/29/23 Dividend 0.02289 7.32 11/30/23 11/30/23 12/01/23 Dividend 0.02203 7.11 Past performance is no guarantee of future results. Please consult your tax advisor for further information.