MFS NY Municipal Bond R6 (MPNYX)
| Fund Assets | 172.31M |
| Expense Ratio | 0.53% |
| Min. Investment | $0.00 |
| Turnover | 12.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 3.85% |
| Dividend Growth | 1.33% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 8.84 |
| YTD Return | -0.52% |
| 1-Year Return | -1.23% |
| 5-Year Return | 2.65% |
| 52-Week Low | 8.41 |
| 52-Week High | 9.19 |
| Beta (5Y) | n/a |
| Holdings | 182 |
| 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 -1.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.62%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
14.24% of assets| Name | Symbol | Weight |
|---|---|---|
| NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5.5% | NY.NYSHGR 5.5 10.01.2054 | 2.14% |
| METROPOLITAN TRANSN AUTH N Y REV 5% | NY.MTATRN 5 11.15.2052 | 1.80% |
| NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 4.25% | NY.NYSHGR 4.25 05.01.2052 | 1.52% |
| NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY HSG REV 3.95% | NY.NYCHSG 3.95 11.01.2048 | 1.33% |
| METROPOLITAN TRANSN AUTH N Y REV 5% | NY.MTATRN 5 11.15.2033 | 1.28% |
| NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY HSG REV 4.25% | NY.NYCMFH 4.25 11.01.2052 | 1.28% |
| TRIBOROUGH BRDG & TUNL AUTH N Y REAL ESTATE TRANSFER TAX REV 5.25% | NY.TRBGEN 5.25 12.01.2054 | 1.23% |
| CALIFORNIA HEALTH FACS FING AUTH REV 5% | CA.CASMED 5 08.15.2051 | 1.22% |
| YONKERS N Y INDL DEV AGY SCH FAC REV 5% | NY.YONEDU 5 05.01.2042 | 1.22% |
| NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5.25% | NY.NYCUTL 5.25 06.15.2053 | 1.22% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.0287 | Sep 2, 2025 |
| Jul 31, 2025 | $0.0288 | Aug 1, 2025 |
| Jun 30, 2025 | $0.02843 | Jul 1, 2025 |
| May 30, 2025 | $0.02854 | Jun 2, 2025 |
| Apr 30, 2025 | $0.02758 | May 1, 2025 |
| Mar 31, 2025 | $0.02849 | Apr 1, 2025 |