MFS New York Municipal Bond Fund Class R6 (MPNYX)
| Fund Assets | 188.26M |
| Expense Ratio | 0.53% |
| Min. Investment | $1,000 |
| Turnover | 12.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 3.81% |
| Dividend Growth | 0.87% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 8.93 |
| YTD Return | 0.34% |
| 1-Year Return | 5.02% |
| 5-Year Return | 4.94% |
| 52-Week Low | 8.17 |
| 52-Week High | 8.94 |
| Beta (5Y) | n/a |
| Holdings | 185 |
| Inception Date | Aug 1, 2017 |
About MPNYX
MFS New York Municipal Bond Fund R6 is an open-end mutual fund specializing in municipal bonds primarily issued within New York State. This fund is designed to provide shareholders with a total return that emphasizes income exempt from both federal and New York State personal income taxes, offering notable tax efficiency for in-state residents. The portfolio is diversified across various New York municipal issuers, supporting infrastructure, public services, and community development within the state. Fund managers combine sector allocation, security selection, and yield curve analysis to manage interest rate risk and optimize tax-exempt yield potential. As of June 2025, the fund held over $170 million in net assets and had a 30-day SEC yield of just above 4%, reflecting its focus on income generation. With a history dating back to 1988, this fund plays a critical role for investors seeking tax-advantaged returns and capital preservation through investment in high-quality municipal securities. Class R6 shares are structured for institutional and retirement plan investors, offering lower expense ratios and no sales charge, making the fund an efficient tool for tax-aware fixed income strategies.
Performance
MPNYX had a total return of 5.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.73%.
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 NY Municipal Inc I | 0.52% |
| FNMAX | Fidelity | Fidelity Advisor NY Municipal Inc 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 NY Municipal Inc C | 1.45% |
Top 10 Holdings
15.10% of assets| Name | Symbol | Weight |
|---|---|---|
| ALBANY N Y CAP RESOURCE CORP REV 5.25% | NY.ALBRES 5.25 05.01.2050 | 2.87% |
| NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5.5% | NY.NYSHGR 5.5 10.01.2054 | 2.06% |
| METROPOLITAN TRANSN AUTH N Y REV 5% | NY.MTATRN 5 11.15.2052 | 1.71% |
| NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY HSG REV 3.95% | NY.NYCHSG 3.95 11.01.2048 | 1.31% |
| PORT AUTH N Y & N J 4% | NY.PORTRN 4 07.15.2055 | 1.22% |
| HEMPSTEAD TOWN N Y LOC DEV CORP REV 3% | NY.HMVDEV 3 07.01.2051 | 1.20% |
| TRIBOROUGH BRDG & TUNL AUTH N Y REAL ESTATE TRANSFER TAX REV 5.25% | NY.TRBGEN 5.25 12.01.2054 | 1.20% |
| NEW YORK ST TWY AUTH GEN REV 5.25% | NY.NYSTRN 5.25 01.01.2054 | 1.18% |
| NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5.25% | NY.NYCUTL 5.25 06.15.2053 | 1.18% |
| YONKERS N Y INDL DEV AGY SCH FAC REV 5% | NY.YONEDU 5 05.01.2042 | 1.17% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2025 | $0.02929 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02829 | Dec 1, 2025 |
| Oct 31, 2025 | $0.02962 | Nov 3, 2025 |
| Sep 30, 2025 | $0.02803 | Oct 1, 2025 |
| Aug 29, 2025 | $0.0287 | Sep 2, 2025 |
| Jul 31, 2025 | $0.0288 | Aug 1, 2025 |