MFS Georgia Municipal Bond Fund (MBGAX)
| Fund Assets | 102.40M |
| Expense Ratio | 1.65% |
| Min. Investment | $1,000 |
| Turnover | 20.00% |
| Dividend (ttm) | 0.23 |
| Dividend Yield | 2.33% |
| Dividend Growth | 8.97% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 10.00 |
| YTD Return | -0.06% |
| 1-Year Return | -0.92% |
| 5-Year Return | -2.68% |
| 52-Week Low | 9.51 |
| 52-Week High | 10.33 |
| Beta (5Y) | 0.29 |
| Holdings | 184 |
| Inception Date | Sep 7, 1993 |
About MBGAX
MFS Georgia Municipal Bond Fund Class B is an open-end mutual fund specializing in municipal bonds, with a focus on generating income that is exempt from both federal income tax and Georgia personal income tax. The fund allocates at least 80% of its assets to municipal securities issued by Georgia state and local governments, using a strategy designed to provide tax-advantaged income to residents of Georgia while emphasizing capital preservation and total return. Its investments support key public sectors such as education, healthcare, housing, and utilities within the state, often targeting long-duration bonds suited for investors seeking stable, tax-free income over extended time periods. Managed by Massachusetts Financial Services Company, the fund typically invests in investment-grade municipal debt but may also hold a portion of below-investment-grade instruments to enhance yield. It employs an active management approach based on detailed fundamental analysis and may use derivatives for selective market exposure or risk management. MFS Georgia Municipal Bond Fund Class B plays a significant role in the municipal bond market for Georgia investors, offering a way to support local infrastructure and public services while pursuing tax-exempt income.
Performance
MBGAX had a total return of -0.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.78%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
10.60% of assets| Name | Symbol | Weight |
|---|---|---|
| GEORGIA ST HSG & FIN AUTH REV 3.85% | GA.GASHSG 3.85 12.01.2041 | 1.27% |
| Currency Cash CASH_USD | n/a | 1.17% |
| METROPOLITAN ATLANTA RAPID TRAN AUTH GA SALES TAX REV 5% | GA.METTRN 5 07.01.2039 | 1.05% |
| COLUMBIA CNTY GA HOSP AUTH REV 5.75% | GA.CLHMED 5.75 04.01.2053 | 1.03% |
| MUNICIPAL ELEC AUTH GA 5% | GA.MELPWR 5 01.01.2037 | 1.02% |
| ROME GA BLDG AUTH REV 5% | GA.ROBFAC 5 03.01.2043 | 1.02% |
| METROPOLITAN ATLANTA RAPID TRAN AUTH GA SALES TAX REV 5.25% | GA.METTRN 5.25 07.01.2050 | 1.02% |
| ROME GA BLDG AUTH REV 5% | GA.ROBFAC 5 03.01.2044 | 1.01% |
| COBB-MARIETTA GA COLISEUM & EXHIBIT HALL AUTH REV 5.5% | GA.COBFAC 5.5 10.01.2050 | 1.01% |
| FULTON CNTY GA DEV AUTH HOSP REV 5% | GA.FULMED 5 04.01.2034 | 1.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.02111 | Sep 2, 2025 |
| Jul 31, 2025 | $0.02108 | Aug 1, 2025 |
| Jun 30, 2025 | $0.01981 | Jul 1, 2025 |
| May 30, 2025 | $0.02014 | Jun 2, 2025 |
| Apr 30, 2025 | $0.01961 | May 1, 2025 |
| Mar 31, 2025 | $0.01967 | Apr 1, 2025 |