MFS Arkansas Municipal Bond Fund (MBARX)
| Fund Assets | 136.22M |
| Expense Ratio | 1.45% |
| Min. Investment | $1,000 |
| Turnover | 15.00% |
| Dividend (ttm) | 0.21 |
| Dividend Yield | 2.45% |
| Dividend Growth | 9.57% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 8.72 |
| YTD Return | -2.96% |
| 1-Year Return | -3.12% |
| 5-Year Return | -5.23% |
| 52-Week Low | 8.51 |
| 52-Week High | 9.29 |
| Beta (5Y) | 0.29 |
| Holdings | 190 |
| 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 -3.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.67%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
17.27% of assets| Name | Symbol | Weight |
|---|---|---|
| City of Little Rock AR - City of Little Rock | AR.LITFAC 5 07.01.2034 | 2.15% |
| Springdale Public Facilities Board | AR.SPRMED 5 03.01.2040 | 2.02% |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue - Puerto Rico Sales Tax Financing Corp. Sales Tax | PR.PRCGEN 5 07.01.2058 | 1.95% |
| Arkansas Development Finance Authority | AR.ARSDEV 5 06.01.2034 | 1.86% |
| Arkansas State University | AR.ARSHGR 4.5 03.01.2031 | 1.79% |
| Arkansas Development Finance Authority | AR.ARSDEV 0 07.01.2027 | 1.65% |
| City of Batesville AR Sales & Use Tax - City of Batesville, Series 2024B | AR.BAT 4 02.01.2047 | 1.48% |
| City of Rogers AR Sales & Use Tax Revenue - City of Rogers | AR.ROGGEN 5 11.01.2036 | 1.46% |
| University of Arkansas | AR.UNVHGR 5 04.01.2047 | 1.46% |
| University of Arkansas | AR.UNVHGR 5 11.01.2047 | 1.45% |
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 |