MFS North Carolina Municipal Bond Fund Class A (MSNCX)

Fund Assets	513.70M
Expense Ratio	0.881%
Min. Investment	$1,000
Turnover	6.00%
Dividend (ttm)	0.36
Dividend Yield	3.59%
Dividend Growth	4.06%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	10.01
YTD Return	-3.88%
1-Year Return	-2.90%
5-Year Return	-2.44%
52-Week Low	9.88
52-Week High	10.98
Beta (5Y)	0.31
Holdings	309
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.

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

Performance

MSNCX had a total return of -2.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.94%.

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
MPNCX	R6	0.52%
MNCLX	I	0.59%
MCNCX	C	1.59%
MBNCX	B	1.59%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.03173	Oct 1, 2026
Aug 31, 2026	$0.0321	Sep 1, 2026
Jul 31, 2026	$0.03081	Aug 3, 2026
Jun 30, 2026	$0.0296	Jul 1, 2026
May 29, 2026	$0.03042	Jun 1, 2026
Apr 30, 2026	$0.02952	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

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