MFS NY Municipal Bond I (MNYLX)
| Fund Assets | 172.31M |
| Expense Ratio | 0.58% |
| Min. Investment | $0.00 |
| Turnover | 12.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 3.76% |
| Dividend Growth | 1.07% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 8.83 |
| YTD Return | -0.64% |
| 1-Year Return | -1.28% |
| 5-Year Return | 2.13% |
| 52-Week Low | 8.40 |
| 52-Week High | 9.18 |
| Beta (5Y) | n/a |
| Holdings | 182 |
| Inception Date | Apr 1, 2016 |
About MNYLX
MFS New York Municipal Bond Fund Class I is a municipal bond mutual fund designed to provide investors with a total return focused on income that is generally exempt from both federal and New York State personal income taxes. Managed by an experienced team at MFS, this fund invests primarily in a diversified portfolio of New York municipal securities, including bonds issued by state and local governments to finance public projects. Its holdings span a range of credit qualities, with significant allocations to investment-grade bonds such as AA and A ratings, and a portion in lower-rated debt, offering a blend of credit risk and income potential. The fund typically appeals to investors seeking tax-advantaged income while supporting infrastructure and municipal initiatives within New York. It benchmarks its performance against the Bloomberg Municipal Bond Index and is structured to meet the needs of institutional and other eligible investors through its Class I share class, which is available without a sales charge. With monthly income distributions and disciplined credit research, the fund serves as a core holding for those aiming to complement broader fixed-income portfolios with state-specific, tax-sensitive municipal exposure.
Performance
MNYLX had a total return of -1.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.97%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
14.24% of assets| Name | Symbol | Weight |
|---|---|---|
| NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5.5% | NY.NYSHGR 5.5 10.01.2054 | 2.14% |
| METROPOLITAN TRANSN AUTH N Y REV 5% | NY.MTATRN 5 11.15.2052 | 1.80% |
| NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 4.25% | NY.NYSHGR 4.25 05.01.2052 | 1.52% |
| NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY HSG REV 3.95% | NY.NYCHSG 3.95 11.01.2048 | 1.33% |
| METROPOLITAN TRANSN AUTH N Y REV 5% | NY.MTATRN 5 11.15.2033 | 1.28% |
| NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY HSG REV 4.25% | NY.NYCMFH 4.25 11.01.2052 | 1.28% |
| TRIBOROUGH BRDG & TUNL AUTH N Y REAL ESTATE TRANSFER TAX REV 5.25% | NY.TRBGEN 5.25 12.01.2054 | 1.23% |
| CALIFORNIA HEALTH FACS FING AUTH REV 5% | CA.CASMED 5 08.15.2051 | 1.22% |
| YONKERS N Y INDL DEV AGY SCH FAC REV 5% | NY.YONEDU 5 05.01.2042 | 1.22% |
| NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5.25% | NY.NYCUTL 5.25 06.15.2053 | 1.22% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.02808 | Sep 2, 2025 |
| Jul 31, 2025 | $0.02825 | Aug 1, 2025 |
| Jun 30, 2025 | $0.02787 | Jul 1, 2025 |
| May 30, 2025 | $0.0276 | Jun 2, 2025 |
| Apr 30, 2025 | $0.02699 | May 1, 2025 |
| Mar 31, 2025 | $0.02783 | Apr 1, 2025 |