MFS PA Municipal Bond R6 (MPPAX)

Fund Assets	192.38M
Expense Ratio	0.54%
Min. Investment	$1,000
Turnover	8.00%
Dividend (ttm)	0.33
Dividend Yield	3.71%
Dividend Growth	5.07%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	9.01
YTD Return	0.82%
1-Year Return	6.10%
5-Year Return	1.45%
52-Week Low	8.80
52-Week High	9.25
Beta (5Y)	0.06
Holdings	247
Inception Date	Aug 1, 2017

About MPPAX

MFS Pennsylvania Municipal Bond Fund R6 is a mutual fund designed to provide investors with income that is exempt from both federal and Pennsylvania state personal income taxes. Its primary function is to invest in a diversified portfolio of municipal bonds issued by entities within Pennsylvania, focusing on generating tax-advantaged returns while also considering capital appreciation. The fund typically employs sector and security selection coupled with yield curve analysis to optimize performance and manage interest rate risk. It seeks to maintain a high-quality credit profile, limiting significant exposure to lower-rated securities in accordance with its investment guidelines. This fund plays a significant role for Pennsylvania residents and institutional investors seeking double tax-exempt income solutions, particularly those aiming for income stability and preservation of capital in the context of municipal finance. MFS Pennsylvania Municipal Bond Fund R6 distinguishes itself through its emphasis on tax efficiency, monthly income distributions, and a professional management approach tailored to the nuances of the municipal bond market in Pennsylvania.

• Fund Family: MFS
• Category: Muni Pennsylvania
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: MPPAX
• Share Class: R6
• Index: Bloomberg Municipal Bond TR

Performance

MPPAX had a total return of 6.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.09%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FPXTX	Fidelity	Fidelity Pennsylvania Municipal Income Fund	0.47%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
MPALX	I	0.61%
MFPAX	A	0.71%
MBPAX	B	1.46%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.02897	Aug 3, 2026
Jun 30, 2026	$0.02791	Jul 1, 2026
May 29, 2026	$0.02857	Jun 1, 2026
Apr 30, 2026	$0.02772	May 1, 2026
Mar 31, 2026	$0.02881	Apr 1, 2026
Feb 27, 2026	$0.02565	Mar 2, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 28, 2026

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