---
ticker: "MFSM"
name: "MFS Active Exchange Traded Funds Trust - MFS Active Intermediate Muni Bond ETF"
url: "https://etf.net/etf/MFSM"
grade: "B"
score: 57
graded_at: "2026-10-12"
category: "Intermediate Municipal Bonds"
category_rank: "12 of 20"
methodology: "https://etf.net/methodology"
---

# MFSM: MFS Active Exchange Traded Funds Trust - MFS Active Intermediate Muni Bond ETF

Grade **B**, Score 57 of 100. Rank 12 of 20 in Intermediate Municipal Bonds.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 53 | 10 of 20 |
| Mission | 99 | 2 of 19 |
| Risk | 55 | 8 of 20 |
| Tradability | 33 | 16 of 20 |
| Holdings | 30 | 17 of 20 |
| Durability | 23 | 20 of 20 |

## Top holdings

The fund holds 428 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Cash & Cash Equivalents | 8.56% |
| 2 | — | San Francisco Ca City Cnty Ar | 0.90% |
| 3 | — | Ann Arbormi Hsg Commission Mf | 0.88% |
| 4 | — | Arizona Stindl Dev Auth Mf Hs | 0.87% |
| 5 | — | Arizona Stindl Dev Auth Mf Hs | 0.87% |
| 6 | — | Minnesotast Hsg Fin Agy | 0.78% |
| 7 | — | North Carolina Hsg Fin Agy Hom | 0.74% |
| 8 | — | New York St Dorm Auth Revenues | 0.69% |
| 9 | — | Corpus Christi Tx Utility Sysr | 0.67% |
| 10 | — | Sales Taxsecuritization Corp | 0.67% |
| 11 | MUB | Ishares National Muni Bond Etf | 0.66% |
| 12 | — | Chicago Ilo Hare Internationa | 0.64% |
| 13 | — | Colorado St Hlth Facs Auth Rev | 0.61% |
| 14 | — | Californiacmnty Choice Fing A | 0.61% |
| 15 | — | Richland Wayne Jasper Clay L | 0.59% |
| 16 | — | Pasco Cntyfl Sol Wst Disp R | 0.59% |
| 17 | — | Jacksonville Fl Hsg Auth Reven | 0.59% |
| 18 | VTEB | Vanguard Tax Exempt Bond Index | 0.59% |
| 19 | — | Californiacmnty Choice Fing A | 0.57% |
| 20 | — | W Cornwalltwp Pa Muni Auth | 0.55% |
| 21 | — | Black Beltenergy Gas Dist Al | 0.54% |
| 22 | — | Brazos Txhgr Edu Auth Student | 0.47% |
| 23 | — | Schenectady Cnty Ny Capital Re | 0.46% |
| 24 | — | Brevard Cnty Fl Hlth Facs Auth | 0.45% |
| 25 | — | Orlando Flcmnty Redev Agy Tax | 0.45% |
| 26 | — | Rensselaerco Ny Capital Resou | 0.45% |
| 27 | — | Mccurtaincnty Ok Eductnl Facs | 0.45% |
| 28 | — | Ruston Lasales Tax Revenue | 0.45% |
| 29 | — | Atlanta Gaarpt Revenue | 0.45% |
| 30 | — | Greater Clark In Bldg Corp | 0.45% |

Source: etf.net, https://etf.net/etf/MFSM. Please cite the page URL.