MFS California Municipal Bond Fund Class I (MCAVX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
8.67
-0.02 (-0.23%)
Jun 6, 2025, 4:00 PM EDT
-3.88% (1Y)
| Fund Assets | 499.89M |
| Expense Ratio | 0.60% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.67% |
| Dividend Growth | 0.12% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 30, 2025 |
| Previous Close | 8.69 |
| YTD Return | -3.76% |
| 1-Year Return | -1.34% |
| 5-Year Return | 0.29% |
| 52-Week Low | 8.48 |
| 52-Week High | 9.28 |
| Beta (5Y) | n/a |
| Holdings | 400 |
| Inception Date | Apr 1, 2016 |
About MCAVX
The MFS California Municipal Bond Fund Class I (MCAVX) seeks to provide income that is exempt from federal income taxes consistent with reasonable risk. MCAVX invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in municipal bonds that pay interest exempt from federal income tax and California personal income tax.
Category Muni California Long
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol MCAVX
Share Class I
Index Bloomberg Municipal Bond TR
Performance
MCAVX had a total return of -1.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.70%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FCMAX | Fidelity | Fidelity Advisor California Municipal Income Fund - Class A | 0.76% |
| FCTFX | Fidelity | Fidelity California Municipal Income Fund | 0.43% |
| FIJBX | Fidelity | Fidelity Advisor California Municipal Income Fund - Class Z | 0.40% |
| FCMQX | Fidelity | Fidelity Advisor California Municipal Income Fund - Class I | 0.53% |
| FCMTX | Fidelity | Fidelity Advisor California Municipal Income Fund - Class M | 0.67% |
Top 10 Holdings
9.40% of assets| Name | Symbol | Weight |
|---|---|---|
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 08.01.2055 | 1.38% |
| LOS ANGELES CALIF HSG AUTH MULTIFAMILY HSG REV 4.5% | CA.LOSMFH 4.5 12.01.2059 | 1.20% |
| OAKLAND CALIF UNI SCH DIST ALAMEDA CNTY 5.25% | CA.OAKSCD 5.25 08.01.2048 | 1.10% |
| CALIFORNIA ST DEPT VET AFFAIRS HOME PUR REV 4.3% | CA.CASHSG 4.3 12.01.2054 | 0.86% |
| CALIFORNIA HEALTH FACS FING AUTH REV 5% | CA.CASMED 5 12.01.2054 | 0.85% |
| MOUNTAIN VIEW-WHISMAN CALIF SCH DIST 4.25% | CA.MOUSCD 4.25 09.01.2045 | 0.83% |
| OAKLAND CALIF 5.5% | CA.OAK 5.5 07.15.2053 | 0.80% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5.75% | CA.SFOAPT 5.75 05.01.2048 | 0.79% |
| SAN FRANCISCO CALIF CMNTY COLLEGE DIST 5.25% | CA.SFOHGR 5.25 06.15.2049 | 0.79% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 01.01.2056 | 0.79% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 30, 2025 | $0.02727 | Jun 2, 2025 |
| Apr 30, 2025 | $0.02636 | May 1, 2025 |
| Mar 31, 2025 | $0.02693 | Apr 1, 2025 |
| Feb 28, 2025 | $0.02439 | Mar 3, 2025 |
| Jan 31, 2025 | $0.02689 | Feb 3, 2025 |
| Dec 31, 2024 | $0.02679 | Dec 31, 2024 |