MFS GA Municipal Bond A (MMGAX)
| Fund Assets | 107.76M |
| Expense Ratio | 0.90% |
| Min. Investment | $1,000 |
| Turnover | 20.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 2.94% |
| Dividend Growth | 6.88% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 10.00 |
| YTD Return | 0.77% |
| 1-Year Return | 0.46% |
| 5-Year Return | 1.45% |
| 52-Week Low | 9.47 |
| 52-Week High | 10.27 |
| Beta (5Y) | n/a |
| Holdings | 183 |
| Inception Date | Jun 6, 1988 |
About MMGAX
MFS Georgia Municipal Bond Fund Class A is a municipal bond mutual fund designed to provide investors with a total return, emphasizing income that is exempt from federal and Georgia state personal income taxes. This fund primarily invests in bonds issued by state and local governments within Georgia, which are typically used to finance public projects such as infrastructure, schools, and transportation. By focusing exclusively on securities from a single state, the fund enables Georgia residents to benefit from potential double tax-exempt income—free from both federal and state taxes—which can be especially attractive for individuals seeking tax-efficient income streams. Launched in 1988, MFS Georgia Municipal Bond Fund Class A employs an investment approach centered on sector and security selection, along with yield curve analysis, to uncover value and manage risk within the state’s municipal bond market. The fund's portfolio is characterized by a longer duration, generally targeting maturities exceeding twelve years, aligning with its objective to provide consistent income over time. As part of the muni single-state long category, this fund plays a significant role in supporting public finance within Georgia while serving investors who prioritize tax-advantaged income and capital preservation.
Performance
MMGAX had a total return of 0.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.14%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
10.55% of assets| Name | Symbol | Weight |
|---|---|---|
| GEORGIA ST HSG & FIN AUTH REV 3.85% | GA.GASHSG 3.85 12.01.2041 | 1.29% |
| METROPOLITAN ATLANTA RAPID TRAN AUTH GA SALES TAX REV 5% | GA.METTRN 5 07.01.2039 | 1.06% |
| COLUMBIA CNTY GA HOSP AUTH REV 5.75% | GA.CLHMED 5.75 04.01.2053 | 1.04% |
| MUNICIPAL ELEC AUTH GA 5% | GA.MELPWR 5 01.01.2037 | 1.03% |
| ROME GA BLDG AUTH REV 5% | GA.ROBFAC 5 03.01.2043 | 1.03% |
| METROPOLITAN ATLANTA RAPID TRAN AUTH GA SALES TAX REV 5.25% | GA.METTRN 5.25 07.01.2050 | 1.03% |
| ROME GA BLDG AUTH REV 5% | GA.ROBFAC 5 03.01.2044 | 1.03% |
| COBB-MARIETTA GA COLISEUM & EXHIBIT HALL AUTH REV 5.5% | GA.COBFAC 5.5 10.01.2050 | 1.02% |
| FULTON CNTY GA DEV AUTH HOSP REV 5% | GA.FULMED 5 04.01.2034 | 1.02% |
| MACON GA WTR AUTH WTR & SWR REV 5% | GA.MACUTL 5 10.01.2054 | 1.01% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.02631 | Oct 1, 2025 |
| Aug 29, 2025 | $0.02715 | Sep 2, 2025 |
| Jul 31, 2025 | $0.02714 | Aug 1, 2025 |
| Jun 30, 2025 | $0.02568 | Jul 1, 2025 |
| May 30, 2025 | $0.02625 | Jun 2, 2025 |
| Apr 30, 2025 | $0.02553 | May 1, 2025 |