MFS Arkansas Municipal Bond Fund Class A (MFARX)

Fund Assets	128.62M
Expense Ratio	0.711%
Min. Investment	$1,000
Turnover	12.00%
Dividend (ttm)	0.32
Dividend Yield	3.73%
Dividend Growth	4.01%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	8.43
YTD Return	-3.75%
1-Year Return	-2.81%
5-Year Return	-1.86%
52-Week Low	8.28
52-Week High	9.19
Beta (5Y)	0.06
Holdings	187
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.

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

Performance

MFARX had a total return of -2.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.85%.

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
MPRAX	R6	0.53%
MARLX	I	0.60%
MBARX	B	1.45%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02763	Oct 1, 2026
Aug 31, 2026	$0.02814	Sep 1, 2026
Jul 31, 2026	$0.02678	Aug 3, 2026
Jun 30, 2026	$0.02581	Jul 1, 2026
May 29, 2026	$0.02657	Jun 1, 2026
Apr 30, 2026	$0.0258	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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