MFS New York Municipal Bond Fund Class I (MNYLX)
| Fund Assets | 188.21M |
| Expense Ratio | 0.58% |
| Min. Investment | $1,000 |
| Turnover | 12.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 3.73% |
| Dividend Growth | 0.89% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 8.93 |
| YTD Return | 1.00% |
| 1-Year Return | 3.76% |
| 5-Year Return | 3.53% |
| 52-Week Low | 8.14 |
| 52-Week High | 8.95 |
| 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 3.76% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.74%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FEMIX | Fidelity | Fidelity Advisor New York Municipal Income Fund - Class I | 0.52% |
| FNMAX | Fidelity | Fidelity Advisor New York Municipal Income Fund - Class A | 0.75% |
| FTFMX | Fidelity | Fidelity New York Municipal Income Fund | 0.44% |
| FNYPX | Fidelity | Fidelity Advisor New York Municipal Income Fund - Class M | 0.71% |
| FNYCX | Fidelity | Fidelity Advisor New York Municipal Income Fund - Class C | 1.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02867 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02864 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02764 | Dec 1, 2025 |
| Oct 31, 2025 | $0.02896 | Nov 3, 2025 |
| Sep 30, 2025 | $0.02741 | Oct 1, 2025 |
| Aug 29, 2025 | $0.02808 | Sep 2, 2025 |