MFS California Municipal Bond Fund Class A (MCFTX)
| Fund Assets | 680.26M |
| Expense Ratio | 0.70% |
| Min. Investment | $1,000 |
| Turnover | 10.00% |
| Dividend (ttm) | 0.19 |
| Dividend Yield | 3.43% |
| Dividend Growth | 0.49% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 5.33 |
| YTD Return | -3.43% |
| 1-Year Return | -3.69% |
| 5-Year Return | -2.92% |
| 52-Week Low | 5.21 |
| 52-Week High | 5.70 |
| Beta (5Y) | n/a |
| Holdings | 407 |
| Inception Date | Jun 18, 1985 |
About MCFTX
MFS California Municipal Bond Fund Class A is a mutual fund focused on providing tax-exempt income to investors. Its primary objective is to deliver a total return with an emphasis on generating income that is exempt from both federal and California state personal income taxes. The fund maintains a policy of investing at least 80% of its net assets in municipal bonds issued by Californian entities, which helps it cater especially to residents seeking double tax-free income. The fund is actively managed, with portfolio decisions based on sector and security selection as well as yield curve analysis. Its holdings are comprised almost entirely of municipal securities, giving it a long-duration profile generally aligned with the "Muni California Long" category. In addition to regular tax-exempt income, the fund also considers capital appreciation as a secondary goal. Established in 1985, it has a lengthy track record and is designed to appeal to investors looking for tax-advantaged income from stable, investment-grade sources within California’s municipal market.
Performance
MCFTX had a total return of -3.69% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.30%.
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
9.17% of assets| Name | Symbol | Weight |
|---|---|---|
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 08.01.2055 | 1.39% |
| LOS ANGELES CALIF HSG AUTH MULTIFAMILY HSG REV 4.5% | CA.LOSMFH 4.5 12.01.2059 | 1.14% |
| OAKLAND CALIF UNI SCH DIST ALAMEDA CNTY 5.25% | CA.OAKSCD 5.25 08.01.2048 | 1.09% |
| CALIFORNIA HEALTH FACS FING AUTH REV 5% | CA.CASMED 5 12.01.2054 | 0.82% |
| MOUNTAIN VIEW-WHISMAN CALIF SCH DIST 4.25% | CA.MOUSCD 4.25 09.01.2045 | 0.82% |
| CALIFORNIA ST DEPT VET AFFAIRS HOME PUR REV 4.3% | CA.CASHSG 4.3 12.01.2054 | 0.80% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 01.01.2056 | 0.79% |
| OAKLAND CALIF 5.5% | CA.OAK 5.5 07.15.2053 | 0.79% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 12.01.2053 | 0.77% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5.75% | CA.SFOAPT 5.75 05.01.2048 | 0.77% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.0162 | Aug 1, 2025 |
| Jun 30, 2025 | $0.01593 | Jul 1, 2025 |
| May 30, 2025 | $0.01636 | Jun 2, 2025 |
| Apr 30, 2025 | $0.01581 | May 1, 2025 |
| Mar 31, 2025 | $0.01608 | Apr 1, 2025 |
| Feb 28, 2025 | $0.01457 | Mar 3, 2025 |