MFS AR Municipal Bond A (MFARX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.99
-0.01 (-0.11%)
Sep 26, 2025, 4:00 PM EDT
-0.11%
Fund Assets137.28M
Expense Ratio0.70%
Min. Investment$1,000
Turnover15.00%
Dividend (ttm)0.30
Dividend Yield3.22%
Dividend Growth8.18%
Payout FrequencyMonthly
Ex-Dividend DateAug 29, 2025
Previous Close9.00
YTD Return0.39%
1-Year Return-0.21%
5-Year Return0.90%
52-Week Low8.49
52-Week High9.28
Beta (5Y)n/a
Holdings185
Inception DateFeb 3, 1992

About MFARX

MFS Arkansas Municipal Bond Fund Class A is a municipal bond mutual fund designed to provide investors with tax-advantaged income by primarily investing in bonds issued by state and local governments within Arkansas. The fund seeks to maximize total return with a strong emphasis on income that is exempt from both federal and Arkansas state personal income taxes, making it particularly attractive to Arkansas residents seeking double tax-free income. Portfolio holdings emphasize investment grade quality municipal debt, although the fund may allocate a portion to lower quality or out-of-state securities. The fund strategically targets sectors such as education, healthcare, housing, utilities, and infrastructure, supporting essential public projects throughout Arkansas. Inception dates back to 1992, and it consistently employs sector and security selection along with yield curve analysis to optimize returns relative to its benchmark, the Bloomberg Municipal Bond Index. The fund distributes dividends monthly and maintains a moderate expense ratio, facilitating a steady income stream. As a single-state municipal bond fund, it plays an important role in the municipal securities market by channeling investor capital into projects that contribute to Arkansas's public welfare and development.

Fund Family MFS
Category Muni Single State Long
Stock Exchange NASDAQ
Ticker Symbol MFARX
Share Class A
Index Bloomberg Municipal Bond TR

Performance

MFARX had a total return of -0.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.95%.

Equivalent Funds

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

SymbolProviderNameExpense Ratio
FSAZXFidelityFidelity Arizona Municipal Income0.55%
FICNXFidelityFidelity Connecticut Municipal Income0.46%
FMHTXFidelityFidelity Michigan Municipal Income0.46%

Other Share Classes

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

SymbolShare ClassExpense Ratio
MPRAXR60.53%
MARLXI0.60%
MBARXB1.45%

Top 10 Holdings

17.76% of assets
NameSymbolWeight
LITTLE ROCK ARK HOTEL & RESTAU GROSS RCPTS TAX 5%AR.LITFAC 5 07.01.20342.21%
SPRINGDALE ARK PUB FACS BRD HOSP REV 5%AR.SPRMED 5 03.01.20402.12%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%PR.PRCGEN 5 07.01.20581.95%
ARKANSAS ST DEV FIN AUTH REV 5%AR.ARSDEV 5 06.01.20341.93%
ARKANSAS ST UNIV REV 4.5%AR.ARSHGR 4.5 03.01.20311.87%
ARKANSAS ST DEV FIN AUTH TOB SETTLEMENT REV 0%AR.ARSDEV 0 07.01.20271.70%
BATESVILLE ARK SALES & USE TAX REV 4%AR.BAT 4 02.01.20471.50%
UNIVERSITY ARK UNIV REV 5%AR.UNVHGR 5 04.01.20471.50%
UNIVERSITY ARK UNIV REV 5%AR.UNVHGR 5 11.01.20471.49%
FAYETTEVILLE ARK HOTEL MOTEL &RESTAURANT GROSS RCPTS TAX & TOURISM RE 5%AR.FAYGEN 5 11.01.20341.49%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Aug 29, 2025$0.02726Sep 2, 2025
Jul 31, 2025$0.02603Aug 1, 2025
Jun 30, 2025$0.02513Jul 1, 2025
May 30, 2025$0.02585Jun 2, 2025
Apr 30, 2025$0.02506May 1, 2025
Mar 31, 2025$0.02552Apr 1, 2025
Full Dividend History