MFS New York Municipal Bond Fund (MBNYX)
| Fund Assets | 172.31M |
| Expense Ratio | 1.58% |
| Min. Investment | $1,000 |
| Turnover | 12.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 2.78% |
| Dividend Growth | 1.52% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.98 |
| YTD Return | -0.13% |
| 1-Year Return | -0.95% |
| 5-Year Return | -1.76% |
| 52-Week Low | 9.47 |
| 52-Week High | 10.35 |
| Beta (5Y) | n/a |
| Holdings | 182 |
| Inception Date | Sep 7, 1993 |
About MBNYX
MFS New York Municipal Bond Fund Class B is a municipal bond mutual fund focused on generating total return with an emphasis on providing income that is exempt from both federal and New York State personal income taxes. The fund primarily invests in investment grade municipal bonds issued by New York State and its local governments or agencies, seeking to optimize after-tax returns for residents of New York. While its central objective is tax-exempt income, the fund also considers opportunities for capital appreciation through active management strategies, including sector and security selection and yield curve analysis. It is benchmarked against the Bloomberg Municipal Bond Index, reflecting the broader municipal bond market. With a history dating back to its commencement in 1988, the fund manages a diversified portfolio—comprising over 180 securities from a variety of issuers—and maintains an average effective maturity and duration aligned with long-term municipal bond strategies. MFS New York Municipal Bond Fund Class B plays a significant role for investors seeking stable income and tax advantages within the New York municipal sector, contributing to the financing of essential public infrastructure and services across the state.
Performance
MBNYX had a total return of -0.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.07%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
14.24% of assets| Name | Symbol | Weight |
|---|---|---|
| NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5.5% | NY.NYSHGR 5.5 10.01.2054 | 2.14% |
| METROPOLITAN TRANSN AUTH N Y REV 5% | NY.MTATRN 5 11.15.2052 | 1.80% |
| NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 4.25% | NY.NYSHGR 4.25 05.01.2052 | 1.52% |
| NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY HSG REV 3.95% | NY.NYCHSG 3.95 11.01.2048 | 1.33% |
| METROPOLITAN TRANSN AUTH N Y REV 5% | NY.MTATRN 5 11.15.2033 | 1.28% |
| NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY HSG REV 4.25% | NY.NYCMFH 4.25 11.01.2052 | 1.28% |
| TRIBOROUGH BRDG & TUNL AUTH N Y REAL ESTATE TRANSFER TAX REV 5.25% | NY.TRBGEN 5.25 12.01.2054 | 1.23% |
| CALIFORNIA HEALTH FACS FING AUTH REV 5% | CA.CASMED 5 08.15.2051 | 1.22% |
| YONKERS N Y INDL DEV AGY SCH FAC REV 5% | NY.YONEDU 5 05.01.2042 | 1.22% |
| NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5.25% | NY.NYCUTL 5.25 06.15.2053 | 1.22% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.02357 | Sep 2, 2025 |
| Jul 31, 2025 | $0.02376 | Aug 1, 2025 |
| Jun 30, 2025 | $0.02351 | Jul 1, 2025 |
| May 30, 2025 | $0.02316 | Jun 2, 2025 |
| Apr 30, 2025 | $0.02249 | May 1, 2025 |
| Mar 31, 2025 | $0.02294 | Apr 1, 2025 |