MFS Alabama Municipal Bond Fund Class B (MBABX)

Fund Assets	64.75M
Expense Ratio	1.675%
Min. Investment	$1,000
Turnover	14.00%
Dividend (ttm)	0.24
Dividend Yield	2.67%
Dividend Growth	5.58%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	8.79
YTD Return	-3.91%
1-Year Return	-3.10%
5-Year Return	-6.39%
52-Week Low	8.65
52-Week High	9.58
Beta (5Y)	0.05
Holdings	154
Inception Date	Sep 7, 1993

About MBABX

MFS Alabama Municipal Bond Fund Class B is a municipal bond mutual fund focused on generating total return, with an emphasis on income that is exempt from federal and Alabama state personal income taxes. The fund primarily invests in bonds issued by state and local governments and related agencies within Alabama, supporting public infrastructure and development projects. By concentrating on Alabama-issued municipal securities, the fund seeks to offer residents of the state the advantage of double tax-exempt income. It employs a strategy driven by sector and security selection, as well as active yield curve positioning, to optimize returns while prioritizing tax efficiency. With a history dating back to 1990, the fund provides exposure to the long-duration, single-state municipal bond sector, which is typically characterized by lower credit risk and steady income streams. Its investment universe and tax-exempt focus make it particularly relevant for Alabama residents seeking income with favorable tax treatment, playing a specialized role within the broader fixed income market and offering diversification benefits alongside taxable bond investments.

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

Performance

MBABX had a total return of -3.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.85%.

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	0.45%
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
MPOLX	R6	0.60%
MLALX	I	0.66%
MFALX	A	0.91%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02065	Oct 1, 2026
Aug 31, 2026	$0.0207	Sep 1, 2026
Jul 31, 2026	$0.0198	Aug 3, 2026
Jun 30, 2026	$0.0199	Jul 1, 2026
May 29, 2026	$0.01996	Jun 1, 2026
Apr 30, 2026	$0.01907	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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