MFS Arkansas Municipal Bond Fund (MBARX)
| Fund Assets | 137.28M |
| Expense Ratio | 1.45% |
| Min. Investment | $1,000 |
| Turnover | 15.00% |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 2.61% |
| Dividend Growth | 9.57% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.01 |
| YTD Return | 0.16% |
| 1-Year Return | -0.77% |
| 5-Year Return | -2.18% |
| 52-Week Low | 8.51 |
| 52-Week High | 9.29 |
| Beta (5Y) | 0.29 |
| Holdings | 185 |
| Inception Date | Sep 7, 1993 |
About MBARX
MFS Arkansas Municipal Bond Fund Class B is a mutual fund designed to provide investors with income primarily exempt from federal and Arkansas state income taxes. The fund principally invests at least 80% of its assets in municipal bonds and related securities—debt instruments issued by state and local governments or related entities in Arkansas and, to a lesser extent, in other U.S. states. These holdings often finance public projects such as infrastructure, schools, and community developments. The fund places an emphasis on investment-grade securities but can also include a portion of below investment-grade bonds, introducing some credit risk. Distributions are paid monthly, offering steady cash flow to shareholders. The fund employs a strategy that seeks total return with a priority on tax-advantaged income, making it relevant for investors with Arkansas tax exposure. MFS Arkansas Municipal Bond Fund Class B plays a specialized role in the municipal bond market, serving as an option for those seeking diversification within fixed income and aiming for tax efficiency specific to Arkansas residents.
Performance
MBARX had a total return of -0.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.77%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
17.76% of assets| Name | Symbol | Weight |
|---|---|---|
| LITTLE ROCK ARK HOTEL & RESTAU GROSS RCPTS TAX 5% | AR.LITFAC 5 07.01.2034 | 2.21% |
| SPRINGDALE ARK PUB FACS BRD HOSP REV 5% | AR.SPRMED 5 03.01.2040 | 2.12% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | PR.PRCGEN 5 07.01.2058 | 1.95% |
| ARKANSAS ST DEV FIN AUTH REV 5% | AR.ARSDEV 5 06.01.2034 | 1.93% |
| ARKANSAS ST UNIV REV 4.5% | AR.ARSHGR 4.5 03.01.2031 | 1.87% |
| ARKANSAS ST DEV FIN AUTH TOB SETTLEMENT REV 0% | AR.ARSDEV 0 07.01.2027 | 1.70% |
| BATESVILLE ARK SALES & USE TAX REV 4% | AR.BAT 4 02.01.2047 | 1.50% |
| UNIVERSITY ARK UNIV REV 5% | AR.UNVHGR 5 04.01.2047 | 1.50% |
| UNIVERSITY ARK UNIV REV 5% | AR.UNVHGR 5 11.01.2047 | 1.49% |
| FAYETTEVILLE ARK HOTEL MOTEL &RESTAURANT GROSS RCPTS TAX & TOURISM RE 5% | AR.FAYGEN 5 11.01.2034 | 1.49% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.02175 | Sep 2, 2025 |
| Jul 31, 2025 | $0.02053 | Aug 1, 2025 |
| Jun 30, 2025 | $0.01978 | Jul 1, 2025 |
| May 30, 2025 | $0.02026 | Jun 2, 2025 |
| Apr 30, 2025 | $0.01967 | May 1, 2025 |
| Mar 31, 2025 | $0.01983 | Apr 1, 2025 |