MFS NC Municipal Bond R6 (MPNCX)
| Fund Assets | 468.03M |
| Expense Ratio | 0.52% |
| Min. Investment | $1,000 |
| Turnover | 20.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.65% |
| Dividend Growth | 5.28% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 8.66 |
| YTD Return | -3.45% |
| 1-Year Return | -3.23% |
| 5-Year Return | -1.27% |
| 52-Week Low | 8.51 |
| 52-Week High | 9.24 |
| Beta (5Y) | n/a |
| Holdings | 269 |
| Inception Date | Aug 1, 2017 |
About MPNCX
The MFS North Carolina Municipal Bond Fund R6 is an open-end mutual fund specializing in long-term municipal bonds, primarily issued by entities within North Carolina. Its primary purpose is to deliver current income that is generally exempt from both federal and North Carolina state income taxes, making it particularly relevant for investors seeking tax-advantaged fixed income solutions. The fund predominantly invests in investment-grade municipal securities, though it may allocate a portion of assets to lower-rated or unrated bonds based on fundamental credit analysis. It seeks to enhance total return using sector allocation, security selection, and yield curve positioning techniques, with a focus on double tax-free income potential for North Carolina residents. The fund maintains a diversified portfolio, holding several hundred securities as of recent reporting. As an R6 share class, it is designed for qualified retirement plans or institutional investors and features a competitive expense ratio with no sales charges. The MFS North Carolina Municipal Bond Fund R6 serves an important role in providing municipal market exposure and tax-advantaged income within the U.S. fixed income sector, especially for those with ties to North Carolina.
Performance
MPNCX had a total return of -3.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.15%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
12.97% of assets| Name | Symbol | Weight |
|---|---|---|
| Currency Cash CASH_USD | n/a | 2.41% |
| UNIVERSITY N C HOSP CHAPEL HILL REV 5% | NC.UNCHGR 5 02.01.2046 | 1.43% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | PR.PRCGEN 5 07.01.2058 | 1.31% |
| CUMBERLAND CNTY N C INDL FACS & POLLUTN CTL FING AUTH SOLID WASTE DISP REV | NC.CUMPOL 12.01.2027 | 1.29% |
| GREENVILLE N C UTILS COMMN COMB ENTERPRISE SYS REV 5% | NC.GRVUTL 5 09.01.2049 | 1.12% |
| NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV 5% | NC.NCSTRN 5 01.01.2058 | 1.10% |
| NORTH CAROLINA HSG FIN AGY MULTIFAMILY TAX-EXEMPT MTG-BKD BDS 4.45% | NC.NCSMFH 4.45 05.01.2040 | 1.09% |
| NORTH CAROLINA CAP FACS FIN AGY REV 5% | NC.NCSFAC 5 10.01.2044 | 1.09% |
| NORTH CAROLINA HSG FIN AGY HOMEOWNERSHIP REV 5.5% | NC.NCSHSG 5.5 01.01.2054 | 1.06% |
| NORTH CAROLINA HSG FIN AGY HOMEOWNERSHIP REV 5% | NC.NCSHSG 5 07.01.2047 | 1.06% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.02732 | Aug 1, 2025 |
| Jun 30, 2025 | $0.02645 | Jul 1, 2025 |
| May 30, 2025 | $0.02704 | Jun 2, 2025 |
| Apr 30, 2025 | $0.02617 | May 1, 2025 |
| Mar 31, 2025 | $0.0268 | Apr 1, 2025 |
| Feb 28, 2025 | $0.02426 | Mar 3, 2025 |