MFS Virginia Municipal Bond Fund Class I (MIVAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

8.29

-0.01 (-0.12%)

At close: Oct 2, 2026

Fund Assets	336.11M
Expense Ratio	0.58%
Min. Investment	$1,000
Turnover	9.00%
Dividend (ttm)	0.31
Dividend Yield	3.79%
Dividend Growth	4.11%
Payout Frequency	Monthly
Ex-Dividend Date	Aug 31, 2026

Previous Close	8.30
YTD Return	-4.43%
1-Year Return	-3.04%
5-Year Return	-3.54%
52-Week Low	8.16
52-Week High	9.04
Beta (5Y)	0.06
Holdings	226
Inception Date	Apr 1, 2016

About MIVAX

The MFS Virginia Municipal Bond Fund I is an open-end mutual fund dedicated to providing investors with a total return, emphasizing income that is exempt from both federal and Virginia state personal income taxes. The fund primarily invests at least 80% of its assets in investment-grade municipal securities issued by entities within the Commonwealth of Virginia. Its portfolio is composed of a diversified array of Virginia municipal bonds, with strong representation in high-credit-quality segments such as AA and A ratings, and holds securities across various vital infrastructure sectors including housing, education, and transportation. This fund is managed with a focus on minimizing tax liability, making it particularly relevant for investors subject to higher state and federal tax rates. In addition to its income-oriented approach, the fund also considers capital appreciation opportunities. MFS Virginia Municipal Bond Fund I maintains a competitive expense ratio and is structured for institutional and high-net-worth investors, featuring no minimum initial investment and a cost advantage over many peers. By supporting financing for public projects in Virginia, the fund plays a key role in connecting municipal issuers with capital while offering investors diversified exposure to tax-advantaged municipal debt.

Fund Family MFS

Category VA Municipal Debt

Performance Rating Above Average

Risk Rating Above Average

Stock Exchange Nasdaq

Ticker Symbol MIVAX

Share Class I

Index Bloomberg Municipal Bond TR

Performance

MIVAX had a total return of -3.04% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.52%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MPVOX	R6	0.51%
MSVAX	A	0.83%
MVACX	C	1.58%
MBVAX	B	1.58%

Dividend History

Ex-Dividend	Amount	Pay Date
Aug 31, 2026	$0.02794	Sep 1, 2026
Jul 31, 2026	$0.02658	Aug 3, 2026
Jun 30, 2026	$0.0255	Jul 1, 2026
May 29, 2026	$0.02622	Jun 1, 2026
Apr 30, 2026	$0.02525	May 1, 2026
Mar 31, 2026	$0.02615	Apr 1, 2026

Full Dividend History