MFS MD Municipal Bond R6 (MPMDX)

Fund Assets	152.71M
Expense Ratio	0.56%
Min. Investment	$1,000
Turnover	9.00%
Dividend (ttm)	0.32
Dividend Yield	3.80%
Dividend Growth	3.45%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	8.45
YTD Return	-3.13%
1-Year Return	-2.06%
5-Year Return	-0.99%
52-Week Low	8.32
52-Week High	9.18
Beta (5Y)	0.07
Holdings	240
Inception Date	Aug 1, 2017

About MPMDX

MFS Maryland Municipal Bond Fund R6 is a mutual fund that primarily invests in municipal securities issued within the state of Maryland. The fund’s principal objective is to generate current income that is exempt from both federal and Maryland state personal income taxes, making it particularly relevant for investors seeking tax-advantaged income. It may invest up to one-third of its assets in lower-rated tax-exempt securities, though it generally emphasizes high-grade municipal bonds to manage credit risk. Spanning a portfolio of over 200 holdings, the fund provides diversified exposure to Maryland’s municipal debt market, supporting the state’s infrastructure, schools, and public projects. With a history dating back to 2017 and a competitive expense ratio, the fund plays a notable role in the muni single state long category, offering monthly dividend distributions and the potential for tax-efficient returns for Maryland residents and institutions. Its market performance and consistent monthly payouts underscore its place as a specialized instrument for income-oriented strategies focused on tax efficiency within a geographic mandate.

• Fund Family: MFS
• Category: MD Municipal Debt
• Performance Rating: High
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: MPMDX
• Share Class: R6
• Index: Bloomberg Municipal Bond TR

Performance

MPMDX had a total return of -2.06% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.53%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
SMDMX	Fidelity	Fidelity Maryland Municipal Income Fund	0.57%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MMDIX	I	0.61%
MFSMX	A	0.86%
MBMDX	B	1.61%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02755	Oct 1, 2026
Aug 31, 2026	$0.02826	Sep 1, 2026
Jul 31, 2026	$0.0283	Aug 3, 2026
Jun 30, 2026	$0.02698	Jul 1, 2026
May 29, 2026	$0.02754	Jun 1, 2026
Apr 30, 2026	$0.02672	May 1, 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:

Oct 16, 2026

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