MFS California Municipal Bond Fund Class R6 (MPOAX)
| Fund Assets | 763.31M |
| Expense Ratio | 0.53% |
| Min. Investment | $1,000 |
| Turnover | 10.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 3.63% |
| Dividend Growth | 1.91% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.07 |
| YTD Return | 1.32% |
| 1-Year Return | 4.96% |
| 5-Year Return | 3.34% |
| 52-Week Low | 8.22 |
| 52-Week High | 9.08 |
| Beta (5Y) | n/a |
| Holdings | 409 |
| Inception Date | Aug 1, 2017 |
About MPOAX
MFS California Municipal Bond Fund Class R6 is an open-end mutual fund that primarily invests in municipal bonds issued within the state of California. The fund's main objective is to seek total return with a significant focus on generating income that is exempt from both federal and California state personal income taxes. By targeting "double tax-free" income, this fund is particularly tailored for California residents who benefit from its tax-advantaged structure. The investment team emphasizes performance through sector and security selection, as well as careful analysis of the yield curve. The fund is managed using a disciplined, risk-aware process, aiming for consistent long-term performance. Recognized for its experienced management and a process-driven approach, it is benchmarked against the Bloomberg Municipal Bond Index, reflecting the broader municipal bond market. As a Class R6 fund, it is structured for eligible investors, typically institutional clients, and is available without sales charges, enhancing cost efficiency. The MFS California Municipal Bond Fund Class R6 plays a crucial role in offering fixed income exposure with tax efficiency for investors seeking stable, tax-exempt income and capital preservation within the municipal bond segment.
Performance
MPOAX had a total return of 4.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.75%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FCMAX | Fidelity | Fidelity Advisor California Municipal Income Fund - Class A | 0.76% |
| FCTFX | Fidelity | Fidelity California Municipal Income Fund | 0.43% |
| FIJBX | Fidelity | Fidelity Advisor California Municipal Income Fund - Class Z | 0.40% |
| FCMQX | Fidelity | Fidelity Advisor California Municipal Income Fund - Class I | 0.53% |
| FCMTX | Fidelity | Fidelity Advisor California Municipal Income Fund - Class M | 0.67% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.0285 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02826 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0274 | Dec 1, 2025 |
| Oct 31, 2025 | $0.02849 | Nov 3, 2025 |
| Sep 30, 2025 | $0.02735 | Oct 1, 2025 |
| Aug 29, 2025 | $0.02815 | Sep 2, 2025 |