MFS North Carolina Municipal Bond Fund Class C (MCNCX)

Fund Assets	513.70M
Expense Ratio	1.59%
Min. Investment	$1,000
Turnover	6.00%
Dividend (ttm)	0.28
Dividend Yield	2.80%
Dividend Growth	4.93%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	10.01
YTD Return	-4.51%
1-Year Return	-3.62%
5-Year Return	-5.98%
52-Week Low	9.87
52-Week High	10.97
Beta (5Y)	0.07
Holdings	309
Inception Date	Jan 3, 1994

About MCNCX

The MFS North Carolina Municipal Bond Fund Class C is a long-duration municipal bond mutual fund designed to provide investors with current income that is exempt from federal income tax and North Carolina state personal income tax. Managed by Massachusetts Financial Services Company, the fund primarily invests in municipal securities issued by entities within North Carolina, targeting tax-exempt securities to benefit residents of the state. The portfolio mainly consists of investment-grade municipal bonds, though it may allocate up to one third of its assets to lower-rated or unrated tax-exempt securities. With a portfolio of over 260 holdings and net assets exceeding $450 million, the fund is aimed at providing double tax-free income, making it particularly appealing to investors seeking tax-advantaged income. The fund pays dividends on a monthly basis, with an emphasis on total return through careful sector and security selection, as well as yield curve analysis. Its investments directly support public projects and infrastructure within North Carolina, underlining its important role in facilitating local government funding in the state's municipal bond market.

• Fund Family: MFS
• Category: Other States Muni
• Performance Rating: Below Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: MCNCX
• Share Class: C
• Index: Bloomberg Municipal Bond TR

Performance

MCNCX had a total return of -3.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.77%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FSAZX	Fidelity	Fidelity Arizona Municipal Income Fund	0.57%
FICNX	Fidelity	Fidelity Connecticut Municipal Income Fund	0.46%
FMHTX	Fidelity	Fidelity Michigan Municipal Income Fund	0.45%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MPNCX	R6	0.52%
MNCLX	I	0.59%
MSNCX	A	0.84%
MBNCX	B	1.59%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02543	Oct 1, 2026
Aug 31, 2026	$0.02543	Sep 1, 2026
Jul 31, 2026	$0.02393	Aug 3, 2026
Jun 30, 2026	$0.0229	Jul 1, 2026
May 29, 2026	$0.02361	Jun 1, 2026
Apr 30, 2026	$0.02289	May 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:

Oct 16, 2026

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