MFS Mississippi Municipal Bond Fund Class R6 (MPMSX)
| Fund Assets | 64.48M |
| Expense Ratio | 0.60% |
| Min. Investment | $0.00 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.47% |
| Dividend Growth | 11.52% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 8.49 |
| YTD Return | -2.99% |
| 1-Year Return | -3.43% |
| 5-Year Return | -3.78% |
| 52-Week Low | 8.37 |
| 52-Week High | 9.06 |
| Beta (5Y) | n/a |
| Holdings | 138 |
| Inception Date | Aug 1, 2017 |
About MPMSX
The MFS Mississippi Municipal Bond Fund R6 is a municipal bond mutual fund focused on delivering total return with a primary emphasis on generating income that is exempt from both federal and Mississippi state personal income taxes. Designed for investors seeking double tax-free income, the fund invests primarily in municipal securities issued within the state of Mississippi. It employs a strategy based on detailed sector and security selection as well as yield curve analysis to identify opportunities in the municipal bond market. The fund also considers capital appreciation while managing risk and maintaining tax efficiency for in-state residents. With a long-standing track record since its inception in 1992 and the R6 share class introduced in 2017, this fund plays a specialized role in the market by supporting state and local government financing needs while offering investors a means to earn tax-advantaged income. Its benchmark is the Bloomberg Municipal Bond Index, and it is structured to minimize sales charges and ongoing expenses for eligible investors, further improving accessibility to institutional-level municipal bond exposure.
Performance
MPMSX had a total return of -3.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.88%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
20.34% of assets| Name | Symbol | Weight |
|---|---|---|
| JACKSON CNTY MISS UTIL AUTH WTR & WASTEWATER TREATMENT SYS REV 5% | MS.JACUTL 5 09.01.2040 | 3.15% |
| MISSISSIPPI HOME CORP SINGLE FAMILY MTG REV 4.65% | MS.MSSSFH 4.65 12.01.2054 | 2.62% |
| MISSISSIPPI DEV BK SPL OBLIG 4% | MS.MSSDEV 4 07.01.2050 | 2.07% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | PR.PRCGEN 5 07.01.2058 | 1.96% |
| MEDICAL CENTER BUILDING CORP MISS REV 5% | MS.MDCEDU 5 06.01.2042 | 1.96% |
| MEDICAL CENTER BUILDING CORP MISS REV 5% | MS.MDCEDU 5 06.01.2047 | 1.92% |
| MISSISSIPPI DEV BK 5.25% | MS.MSSDEV 5.25 01.01.2034 | 1.75% |
| WEST RANKIN MISS UTIL AUTH REV 5% | MS.WRNUTL 5 01.01.2048 | 1.68% |
| MISSISSIPPI DEV BK SPL OBLIG 5.25% | MS.MSSDEV 5.25 10.01.2037 | 1.62% |
| MISSISSIPPI ST 5% | MS.MSS 5 11.01.2036 | 1.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.02606 | Aug 1, 2025 |
| Jun 30, 2025 | $0.0252 | Jul 1, 2025 |
| May 30, 2025 | $0.02569 | Jun 2, 2025 |
| Apr 30, 2025 | $0.02465 | May 1, 2025 |
| Mar 31, 2025 | $0.02651 | Apr 1, 2025 |
| Feb 28, 2025 | $0.02245 | Mar 3, 2025 |