MFS AR Municipal Bond R6 (MPRAX)

Fund Assets	128.62M
Expense Ratio	0.553%
Min. Investment	$1,000
Turnover	12.00%
Dividend (ttm)	0.33
Dividend Yield	3.90%
Dividend Growth	3.74%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	8.36
YTD Return	-3.57%
1-Year Return	-2.58%
5-Year Return	-1.84%
52-Week Low	8.21
52-Week High	9.12
Beta (5Y)	0.05
Holdings	187
Inception Date	Aug 1, 2017

About MPRAX

MFS Arkansas Municipal Bond Fund Class R6 is a mutual fund focused on generating tax-exempt income by investing primarily in municipal bonds issued within the state of Arkansas. Its core objective is to deliver total return with an emphasis on income that is exempt from both federal and Arkansas state personal income taxes, making it particularly relevant for Arkansas residents seeking tax-advantaged investment solutions. The fund typically allocates at least 80% of its net assets to securities whose interest is exempt from these taxes. It features a diversified portfolio with over 190 holdings in sectors such as public infrastructure, education, and healthcare, reflected by top positions in various Arkansas municipal and development authorities. The fund is managed with a disciplined approach that emphasizes security selection, yield curve analysis, and sector allocation. It pays monthly dividends and has a competitive expense structure, ranking within the lowest fee quintile among its peers. Overall, this fund plays a specialized role in the market by providing targeted, double tax-exempt municipal bond exposure tailored to individual and institutional investors with tax considerations specific to Arkansas.

• Fund Family: MFS
• Category: Other States Muni
• Performance Rating: Above Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: MPRAX
• Share Class: R6
• Index: Bloomberg Municipal Bond TR

Performance

MPRAX had a total return of -2.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.34%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
FSAZX	Fidelity	Fidelity Arizona Municipal Income Fund	0.57%
FICNX	Fidelity	Fidelity Connecticut Municipal Income Fund	0.46%
FMHTX	Fidelity	Fidelity Michigan Municipal Income Fund	0.45%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MARLX	I	0.60%
MFARX	A	0.70%
MBARX	B	1.45%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02859	Oct 1, 2026
Aug 31, 2026	$0.02919	Sep 1, 2026
Jul 31, 2026	$0.02789	Aug 3, 2026
Jun 30, 2026	$0.02681	Jul 1, 2026
May 29, 2026	$0.02766	Jun 1, 2026
Apr 30, 2026	$0.02688	May 1, 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:

Oct 16, 2026

Data Sources Report a data error