MFS GA Municipal Bond A (MMGAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.03
+0.03 (0.30%)
Oct 10, 2025, 4:00 PM EDT
0.30%
Fund Assets107.76M
Expense Ratio0.90%
Min. Investment$1,000
Turnover20.00%
Dividend (ttm)0.31
Dividend Yield2.94%
Dividend Growth6.88%
Payout FrequencyMonthly
Ex-Dividend DateSep 30, 2025
Previous Close10.00
YTD Return0.77%
1-Year Return0.46%
5-Year Return1.45%
52-Week Low9.47
52-Week High10.27
Beta (5Y)n/a
Holdings183
Inception DateJun 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.

Fund Family MFS
Category Muni Single State Long
Stock Exchange NASDAQ
Ticker Symbol MMGAX
Share Class A
Index Bloomberg Municipal Bond TR

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.

SymbolProviderNameExpense Ratio
FSAZXFidelityFidelity Arizona Municipal Income0.55%
FICNXFidelityFidelity Connecticut Municipal Income0.46%
FMHTXFidelityFidelity Michigan Municipal Income0.46%

Other Share Classes

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

SymbolShare ClassExpense Ratio
MPGOXR60.60%
MGATXI0.65%
MBGAXB1.65%

Top 10 Holdings

10.55% of assets
NameSymbolWeight
GEORGIA ST HSG & FIN AUTH REV 3.85%GA.GASHSG 3.85 12.01.20411.29%
METROPOLITAN ATLANTA RAPID TRAN AUTH GA SALES TAX REV 5%GA.METTRN 5 07.01.20391.06%
COLUMBIA CNTY GA HOSP AUTH REV 5.75%GA.CLHMED 5.75 04.01.20531.04%
MUNICIPAL ELEC AUTH GA 5%GA.MELPWR 5 01.01.20371.03%
ROME GA BLDG AUTH REV 5%GA.ROBFAC 5 03.01.20431.03%
METROPOLITAN ATLANTA RAPID TRAN AUTH GA SALES TAX REV 5.25%GA.METTRN 5.25 07.01.20501.03%
ROME GA BLDG AUTH REV 5%GA.ROBFAC 5 03.01.20441.03%
COBB-MARIETTA GA COLISEUM & EXHIBIT HALL AUTH REV 5.5%GA.COBFAC 5.5 10.01.20501.02%
FULTON CNTY GA DEV AUTH HOSP REV 5%GA.FULMED 5 04.01.20341.02%
MACON GA WTR AUTH WTR & SWR REV 5%GA.MACUTL 5 10.01.20541.01%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Sep 30, 2025$0.02631Oct 1, 2025
Aug 29, 2025$0.02715Sep 2, 2025
Jul 31, 2025$0.02714Aug 1, 2025
Jun 30, 2025$0.02568Jul 1, 2025
May 30, 2025$0.02625Jun 2, 2025
Apr 30, 2025$0.02553May 1, 2025
Full Dividend History