MFS Virginia Municipal Bond Fund Class B (MBVAX)

Fund Assets	336.11M
Expense Ratio	1.58%
Min. Investment	$1,000
Turnover	9.00%
Dividend (ttm)	0.26
Dividend Yield	2.64%
Dividend Growth	5.41%
Payout Frequency	Monthly
Ex-Dividend Date	Aug 31, 2026

Previous Close	9.80
YTD Return	-2.78%
1-Year Return	-1.27%
5-Year Return	-5.91%
52-Week Low	9.77
52-Week High	10.39
Beta (5Y)	0.31
Holdings	226
Inception Date	Sep 7, 1993

About MBVAX

MFS Virginia Municipal Bond Fund Class B is a mutual fund dedicated to investing primarily in municipal bonds issued by the state of Virginia and its local authorities. The fund's main objective is to achieve total return with a particular focus on providing income that is exempt from both federal and Virginia state personal income taxes. It typically invests at least 80% of its assets in securities whose interest income qualifies for these tax exemptions, making it especially relevant for investors seeking tax-advantaged income within the state. With a diversified portfolio that included 238 holdings as of early 2025, the fund targets a range of Virginia’s public infrastructure and civic projects, such as transportation, housing, education, and public utilities. This broad exposure helps support the financing needs of key sectors within Virginia’s economy. The fund is structured as a Class B share offering, which carries a deferred sales charge that decreases over a six-year period. It features a moderate yield payout distributed monthly, catering to those prioritizing steady, tax-efficient income. Operating since 1993, the fund plays a specialized role by connecting investors to Virginia’s municipal market while emphasizing both safety and income generation within the municipal bond space.

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

Performance

MBVAX had a total return of -1.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.71%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MPVOX	R6	0.51%
MIVAX	I	0.58%
MSVAX	A	0.83%
MVACX	C	1.58%

Dividend History

Ex-Dividend	Amount	Pay Date
Aug 31, 2026	$0.02349	Sep 1, 2026
Jul 31, 2026	$0.02189	Aug 3, 2026
Jun 30, 2026	$0.02089	Jul 1, 2026
May 29, 2026	$0.02153	Jun 1, 2026
Apr 30, 2026	$0.02065	May 1, 2026
Mar 31, 2026	$0.02153	Apr 1, 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:

Sep 16, 2026

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