MFS MA Municipal Bond R6 (MPMAX)

Fund Assets	412.58M
Expense Ratio	0.50%
Min. Investment	$1,000
Turnover	12.00%
Dividend (ttm)	0.32
Dividend Yield	3.64%
Dividend Growth	4.41%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	8.79
YTD Return	0.75%
1-Year Return	5.82%
5-Year Return	1.29%
52-Week Low	8.59
52-Week High	9.02
Beta (5Y)	0.07
Holdings	267
Inception Date	Aug 1, 2017

About MPMAX

MFS Massachusetts Municipal Bond Fund R6 Shares is an open-end municipal bond mutual fund focused on generating income that is generally exempt from federal and Massachusetts state income taxes by investing primarily in Massachusetts-issued municipal securities. The portfolio is largely composed of municipal bonds, with minimal allocations to cash and no equity exposure, reflecting its income-oriented, fixed-income mandate. The fund is benchmarked to the Bloomberg Municipal Bond Index, providing investors with a reference for tax-exempt market performance across interest rate cycles. Class R6 shares are designed for eligible retirement platforms and other institutional channels and are offered without sales charges, emphasizing cost efficiency for long-term allocation needs. Recent portfolio data indicate broad exposure across Massachusetts revenue and general obligation issuers, including transportation, housing finance, and education-related authorities, highlighting diversified credit sources within the state. The fund’s structure, professional management under MFS, and monthly income distribution cadence position it as a specialized tool for investors seeking tax-advantaged income tied to Massachusetts municipal credit markets.

• Fund Family: MFS
• Category: Muni Massachusetts
• Performance Rating: High
• Risk Rating: High
• Stock Exchange: NASDAQ
• Ticker Symbol: MPMAX
• Share Class: R6
• Index: Bloomberg Municipal Bond TR

Performance

MPMAX had a total return of 5.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.87%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FDMMX	Fidelity	Fidelity Massachusetts Municipal Income Fund	0.44%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MTALX	I	0.57%
MFSSX	A	0.82%
MBMAX	B	1.57%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.028	Aug 3, 2026
Jun 30, 2026	$0.02674	Jul 1, 2026
May 29, 2026	$0.02723	Jun 1, 2026
Apr 30, 2026	$0.02625	May 1, 2026
Mar 31, 2026	$0.02726	Apr 1, 2026
Feb 27, 2026	$0.02451	Mar 2, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

Data Sources Report a data error