MFS Maryland Municipal Bond Fund Class A (MFSMX)
| Fund Assets | 161.51M |
| Expense Ratio | 0.85% |
| Min. Investment | $1,000 |
| Turnover | 9.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.07% |
| Dividend Growth | 3.78% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 10.12 |
| YTD Return | 2.04% |
| 1-Year Return | 7.02% |
| 5-Year Return | 2.95% |
| 52-Week Low | 9.57 |
| 52-Week High | 10.17 |
| Beta (5Y) | 0.29 |
| Holdings | 230 |
| Inception Date | Oct 31, 1984 |
About MFSMX
MFS Maryland Municipal Bond Fund Class A is an actively managed municipal bond mutual fund focused on generating income that is exempt from federal and Maryland state personal income taxes. The strategy centers on total return with an emphasis on tax‑exempt income, while also considering capital appreciation, and pursues results through sector and security selection and yield curve analysis within the municipal market. The portfolio primarily invests in debt issued by Maryland municipalities and related entities, supporting public finance projects such as education, infrastructure, and essential services, and is benchmarked to the Bloomberg Municipal Bond Index to gauge broad market conditions. Launched in 1984, the fund represents a long‑tenured option in the single‑state muni category and seeks to provide double tax‑free income for in‑state residents. Share class features include a front‑end sales charge structure and stated expense ratios per the most recent prospectus disclosures. As of mid‑2025, the fund reported net assets around the low‑hundreds of millions of dollars and regularly updates net asset value and distributions in line with municipal bond market dynamics.
Performance
MFSMX had a total return of 7.02% 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 |
|---|---|---|---|
| SMDMX | Fidelity | Fidelity Maryland Municipal Income Fund | 0.55% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.0273 | Jul 1, 2026 |
| May 29, 2026 | $0.02786 | Jun 1, 2026 |
| Apr 30, 2026 | $0.02699 | May 1, 2026 |
| Mar 31, 2026 | $0.02782 | Apr 1, 2026 |
| Feb 27, 2026 | $0.02504 | Mar 2, 2026 |
| Jan 30, 2026 | $0.02751 | Feb 2, 2026 |