MFS AR Municipal Bond A (MFARX)
| Fund Assets | 136.22M |
| Expense Ratio | 0.70% |
| Min. Investment | $1,000 |
| Turnover | 15.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.33% |
| Dividend Growth | 8.18% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 8.71 |
| YTD Return | -2.96% |
| 1-Year Return | -2.80% |
| 5-Year Return | -2.47% |
| 52-Week Low | 8.49 |
| 52-Week High | 9.28 |
| Beta (5Y) | n/a |
| Holdings | 190 |
| Inception Date | Feb 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.
Performance
MFARX had a total return of -2.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.86%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
17.27% of assets| Name | Symbol | Weight |
|---|---|---|
| City of Little Rock AR - City of Little Rock | AR.LITFAC 5 07.01.2034 | 2.15% |
| Springdale Public Facilities Board | AR.SPRMED 5 03.01.2040 | 2.02% |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue - Puerto Rico Sales Tax Financing Corp. Sales Tax | PR.PRCGEN 5 07.01.2058 | 1.95% |
| Arkansas Development Finance Authority | AR.ARSDEV 5 06.01.2034 | 1.86% |
| Arkansas State University | AR.ARSHGR 4.5 03.01.2031 | 1.79% |
| Arkansas Development Finance Authority | AR.ARSDEV 0 07.01.2027 | 1.65% |
| City of Batesville AR Sales & Use Tax - City of Batesville, Series 2024B | AR.BAT 4 02.01.2047 | 1.48% |
| City of Rogers AR Sales & Use Tax Revenue - City of Rogers | AR.ROGGEN 5 11.01.2036 | 1.46% |
| University of Arkansas | AR.UNVHGR 5 04.01.2047 | 1.46% |
| University of Arkansas | AR.UNVHGR 5 11.01.2047 | 1.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.02726 | Sep 2, 2025 |
| Jul 31, 2025 | $0.02603 | Aug 1, 2025 |
| Jun 30, 2025 | $0.02513 | Jul 1, 2025 |
| May 30, 2025 | $0.02585 | Jun 2, 2025 |
| Apr 30, 2025 | $0.02506 | May 1, 2025 |
| Mar 31, 2025 | $0.02552 | Apr 1, 2025 |