MFS Arkansas Municipal Bond Fund Class I (MARLX)

Fund Assets	128.62M
Expense Ratio	0.60%
Min. Investment	$1,000
Turnover	12.00%
Dividend (ttm)	0.32
Dividend Yield	3.83%
Dividend Growth	3.91%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	8.37
YTD Return	-3.63%
1-Year Return	-2.65%
5-Year Return	-2.20%
52-Week Low	8.22
52-Week High	9.12
Beta (5Y)	0.05
Holdings	187
Inception Date	Apr 1, 2016

About MARLX

MFS Arkansas Municipal Bond Fund Class I is a mutual fund specializing in long-term municipal securities, with a primary objective of generating total return while emphasizing income that is exempt from both federal and Arkansas state personal income taxes. The fund invests at least 80% of its net assets in bonds and related instruments issued by entities within Arkansas, such as local governments, state agencies, and public institutions. These securities typically support public infrastructure projects and community development, providing investors with a stream of tax-advantaged income. This fund is structured for investors seeking exposure to the Arkansas municipal bond market, and its portfolio generally maintains a medium credit quality and moderate interest rate sensitivity, with an effective duration around 6.75 years. It holds a diversified basket of approximately 190–194 holdings and has consistently paid monthly dividends. The fund is managed with a focus on security selection and yield curve positioning, enabling it to respond to changing economic conditions while seeking double tax-free income for Arkansas residents. Its notable size and long operating history underscore its established role in serving both income-focused investors and institutions looking for state-specific municipal bond exposure.

• Fund Family: MFS
• Category: Other States Muni
• Performance Rating: Above Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: MARLX
• Share Class: I
• Index: Bloomberg Municipal Bond TR

Performance

MARLX had a total return of -2.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.56%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FSAZX	Fidelity	Fidelity Arizona Municipal Income Fund	0.57%
FICNX	Fidelity	Fidelity Connecticut Municipal Income Fund	0.46%
FMHTX	Fidelity	Fidelity Michigan Municipal Income Fund	0.45%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
MPRAX	R6	0.53%
MFARX	A	0.70%
MBARX	B	1.45%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02803	Oct 1, 2026
Aug 31, 2026	$0.02862	Sep 1, 2026
Jul 31, 2026	$0.02731	Aug 3, 2026
Jun 30, 2026	$0.02633	Jul 1, 2026
May 29, 2026	$0.0271	Jun 1, 2026
Apr 30, 2026	$0.02633	May 1, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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