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MFS Active Intermediate Muni Bond ETF (MFSM)
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Upturn Advisory Summary
08/14/2025: MFSM (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 0.41% | Avg. Invested days 31 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 23.46 - 24.72 | Updated Date - |
52 Weeks Range 23.46 - 24.72 | Updated Date - |
Upturn AI SWOT
MFS Active Intermediate Muni Bond ETF
ETF Overview
Overview
The MFS Active Intermediate Muni Bond ETF (MINB) is an actively managed ETF that seeks to maximize current income exempt from federal income tax, consistent with prudent investment management. It primarily invests in intermediate-term municipal bonds.
Reputation and Reliability
MFS Investment Management is a well-established firm with a long history in asset management.
Management Expertise
MFS has a dedicated team of experienced municipal bond specialists managing the fund.
Investment Objective
Goal
To maximize current income exempt from federal income tax, consistent with prudent investment management.
Investment Approach and Strategy
Strategy: The ETF employs an active management strategy to select municipal bonds.
Composition The ETF holds primarily municipal bonds with intermediate maturities.
Market Position
Market Share: Data not readily available without real-time market data access.
Total Net Assets (AUM): Data not readily available without real-time market data access.
Competitors
Key Competitors
- VTEB
- ITM
- HYD
- SUB
- CMF
Competitive Landscape
The market is dominated by passively managed ETFs like VTEB. MINB's active management aims to outperform the index but faces challenges. MINB offers the potential for alpha generation through active security selection, while passive ETFs have lower expense ratios and broader market exposure.
Financial Performance
Historical Performance: Historical performance data is not available without real-time market data access.
Benchmark Comparison: Benchmark comparisons are not possible without specific benchmark information and real-time data.
Expense Ratio: 0.3
Liquidity
Average Trading Volume
The ETF's liquidity can be assessed by examining its average trading volume, which indicates ease of buying and selling shares.
Bid-Ask Spread
The bid-ask spread, which represents the difference between the highest price a buyer is willing to pay and the lowest price a seller is willing to accept, reflects the cost of trading.
Market Dynamics
Market Environment Factors
Economic factors like interest rates, inflation expectations, and tax policies significantly impact the municipal bond market. Sector growth is tied to state and local government fiscal health.
Growth Trajectory
Growth depends on demand for tax-exempt income, interest rate environment, and active management's success. Changes to strategy and holdings are not available without live data.
Moat and Competitive Advantages
Competitive Edge
MINB's competitive advantage lies in its active management strategy, aiming to generate alpha through security selection. MFS's experienced team can identify undervalued municipal bonds and manage credit risk. Active management can potentially outperform passive indexes in certain market conditions. However, this strategy also carries the risk of underperformance and higher expenses. The niche market focus on intermediate-term bonds provides a balance between income and risk.
Risk Analysis
Volatility
Volatility depends on interest rate sensitivity and credit risk of holdings.
Market Risk
Market risk includes interest rate risk (rising rates decrease bond values) and credit risk (issuer default).
Investor Profile
Ideal Investor Profile
The ideal investor is a high-net-worth individual or institution seeking tax-exempt income and willing to pay for active management.
Market Risk
Suitable for long-term investors seeking tax-advantaged income, but active traders should be aware of potential liquidity and spread costs.
Summary
The MFS Active Intermediate Muni Bond ETF seeks to maximize tax-exempt income through active management of intermediate-term municipal bonds. It offers potential alpha generation but at a higher expense ratio than passive ETFs. Key risks include interest rate and credit risk. The ideal investor is seeking tax-advantaged income and willing to pay for active management. Its performance is subject to the skill of the management team and prevailing market conditions.
Peer Comparison
Sources and Disclaimers
Data Sources:
- MFS Investment Management Website
- ETF.com
- Morningstar
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About MFS Active Intermediate Muni Bond ETF
Exchange NYSE | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
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.
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