MFS North Carolina Municipal Bond Fund Class A (MSNCX)
| Fund Assets | 539.48M |
| Expense Ratio | 0.84% |
| Min. Investment | $1,000 |
| Turnover | 20.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.11% |
| Dividend Growth | 5.10% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.90 |
| YTD Return | 1.25% |
| 1-Year Return | 4.62% |
| 5-Year Return | 2.30% |
| 52-Week Low | 10.38 |
| 52-Week High | 11.39 |
| Beta (5Y) | 0.31 |
| Holdings | 288 |
| Inception Date | Oct 31, 1984 |
About MSNCX
MFS North Carolina Municipal Bond Fund Class A is a mutual fund focused on providing investors with income that is exempt from both federal and North Carolina state personal income taxes. The fund primarily invests in a diversified portfolio of municipal bonds issued by state and local governments in North Carolina, supporting public sector projects such as education, transportation, and infrastructure. This approach offers a dual tax advantage for North Carolina residents, seeking to deliver what is often referred to as "double tax-free" income. The majority of assets are allocated to high-quality municipal securities, though the fund may invest up to one third in lower-rated or unrated tax-exempt bonds. Managed by an experienced team since its inception in 1984, the fund employs sector and security selection strategies, as well as yield curve analysis, to optimize returns while maintaining a long average maturity profile. With hundreds of underlying holdings and a focus on income generation paired with capital preservation, this fund plays a significant role for investors seeking stable, tax-efficient income from municipal debt markets, particularly those residing in North Carolina.
Performance
MSNCX had a total return of 4.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.48%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03017 | Feb 2, 2026 |
| Dec 31, 2025 | $0.03007 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02949 | Dec 1, 2025 |
| Oct 31, 2025 | $0.03169 | Nov 3, 2025 |
| Sep 30, 2025 | $0.03005 | Oct 1, 2025 |
| Aug 29, 2025 | $0.02984 | Sep 2, 2025 |