MFS Maryland Municipal Bond Fund Class B (MBMDX)

Fund Assets	160.00M
Expense Ratio	1.61%
Min. Investment	$1,000
Turnover	9.00%
Dividend (ttm)	0.25
Dividend Yield	2.54%
Dividend Growth	4.38%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	9.86
YTD Return	-0.34%
1-Year Return	4.44%
5-Year Return	-2.57%
52-Week Low	9.66
52-Week High	10.17
Beta (5Y)	0.06
Holdings	236
Inception Date	Sep 7, 1993

About MBMDX

MFS Maryland Municipal Bond Fund Class B is a single‑state municipal bond mutual fund focused on generating income that is generally exempt from federal income tax and Maryland personal income tax, while also considering long‑term total return. The fund primarily invests in investment‑grade municipal securities issued by Maryland state and local entities to finance public projects, employing sector and security selection and yield‑curve analysis to seek consistent tax‑advantaged income. It is managed within a long‑duration profile typical of muni single‑state long peers, reflecting exposure to interest‑rate sensitivity inherent in longer‑maturity bonds. The strategy’s benchmark is the Bloomberg Municipal Bond Index, providing a broad measure of the U.S. municipal market. The fund has been managed for many years by the MFS municipal team, with longstanding portfolio leadership and a track record dating back to the early 1990s for this share class and to the mid‑1980s for the overall strategy. For Maryland residents, its design targets double tax‑free income characteristics, while acknowledging that certain holdings may be subject to the alternative minimum tax and that capital gains distributions remain taxable.

• Fund Family: MFS
• Category: Muni Single State Long
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: MBMDX
• Share Class: B
• Index: Bloomberg Municipal Bond TR

Performance

MBMDX had a total return of 4.44% 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.

Symbol	Provider	Name	Expense Ratio
SMDMX	Fidelity	Fidelity Maryland Municipal Income Fund	0.55%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MPMDX	R6	0.56%
MMDIX	I	0.61%
MFSMX	A	0.86%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.02228	Aug 3, 2026
Jun 30, 2026	$0.02108	Jul 1, 2026
May 29, 2026	$0.02152	Jun 1, 2026
Apr 30, 2026	$0.02082	May 1, 2026
Mar 31, 2026	$0.02146	Apr 1, 2026
Feb 27, 2026	$0.0192	Mar 2, 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:

Aug 27, 2026

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