MFS Municipal Fund announced the launch of a share repurchase program, making a tender offer to shareholders at 99% of net asset value per share, with a maximum buyback of up to 50% of the total outstanding common shares.

This initiative aims to enhance shareholder value by optimizing the capital structure, and the buyback price, set at a small discount to the current net asset value, demonstrates the fund manager's precise control over capital efficiency. This tender offer will be proportionally open to all common shareholders, with specific terms and execution details to be disclosed in subsequent announcements. Market analysis suggests that this action may reflect the fund's intention to correct the deviation between the current share price and intrinsic value, while also providing investors with a new option for liquidity management.