MFS Active Intermediate Muni Bond ETF

MFSM

Market cap $100M

The sheer size of the fixed income market makes it a complex space to navigate. In a recent article and accompanying video titled “Pursuing Alpha: Our Active Fixed Income Approach,” an accompanying video explains how MFS Investment Management deftly navigates a complex fixed-income market.

The U.S. Federal Reserve's third and final rate cut of the year may not have caught most of the capital markets off-guard. However, fixed income investors may be wondering how best to position their portfolios with 2026 just around the corner.

Given the murky macroeconomic landscape, navigating the fixed income markets can be a tricky undertaking. MFS Co-CIO of Fixed Income, Pilar Gómez-Bravo, provided valuable insights on the current fixed income environment in an interview: Navigating the Fixed Income Valuation Conundrum.

After the first rate cut of 2025 and the prospect of more rate cuts to come, the capital markets are now wondering at what pace the U.S. Federal Reserve will institute them. For fixed income investors looking for options that balance credit quality and yield, municipal bonds should be considered.

After implementing the first interest rate cut of the year, the prospect of further easing by the U.S. Federal Reserve could make fixed income investors nervous. However, they can seek higher yields while mitigating credit risk through an active exchange-traded fund: the MFS Active Intermediate Muni Bond ETF (MFSM).

Investors are increasingly moving into active ETFs from mutual funds. This is because the ETF structure may offer numerous benefits over mutual funds.

Alex Mackey, CFA, co-CIO, fixed income at MFS Investment Management, recently discussed active bond investing at the Q1 2025 Fixed Income Symposium hosted on the VettaFi platform. MFS launched a suite of actively managed ETFs at the end of 2024, three equity ETFs and two bond ETFs.

Municipal bonds were a hot topic at last week's VettaFi Fixed Income Symposium — more than I expected them to be. There were 491 live attendees at VettaFi's two-hour virtual event.

Today, MFS Asset Management made its entrance into the ETF investing world with the launch of five new funds. Each of these funds is actively managed.

BOSTON--(BUSINESS WIRE)--MFS® today launched the firm's first actively managed exchange-traded funds, marking its entry into the fast-growing active ETF market, which now accounts for nearly $700 billion in assets in the United States.1 The following five actively managed ETFs began trading on the New York Stock Exchange today: MFS® Active Value ETF (NYSE: MFSV) MFS® Active Growth ETF (NYSE: MFSG) MFS® Active International ETF (NYSE: MFSI) MFS® Active Core Plus Bond ETF (NYSE: MFSB) MFS® Active.