MFS VA Municipal Bond A (MSVAX)
| Fund Assets | 337.21M |
| Expense Ratio | 0.81% |
| Min. Investment | $1,000 |
| Turnover | 14.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.02% |
| Dividend Growth | 5.41% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 10.19 |
| YTD Return | 0.22% |
| 1-Year Return | -0.23% |
| 5-Year Return | 0.03% |
| 52-Week Low | 9.66 |
| 52-Week High | 10.51 |
| Beta (5Y) | n/a |
| Holdings | 234 |
| Inception Date | Oct 31, 1984 |
About MSVAX
MFS Virginia Municipal Bond Fund Class A is an open-end mutual fund focused on generating total return with an emphasis on providing income exempt from both federal and Virginia state personal income taxes. The fund primarily invests in investment grade municipal securities issued by entities within Virginia, although it may also have exposure to below investment grade debt as part of its portfolio management strategy. The primary objective is to deliver double tax-free income for Virginia residents by emphasizing security selection and yield curve analysis to enhance returns. Established in 1984, this fund plays a significant role for investors seeking tax-advantaged income, particularly those residing in Virginia. Its assets are largely allocated to municipal bonds, offering diversification across various local and state-backed issuers, and it measures its relative performance against the Bloomberg Municipal Bond Index, a key benchmark for the broader municipal bond market. The fund is managed to balance income generation and long-term capital appreciation potential, while maintaining a disciplined approach to risk and credit quality within the municipal market space.
Performance
MSVAX had a total return of -0.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.97%.
Top 10 Holdings
16.46% of assets| Name | Symbol | Weight |
|---|---|---|
| Currency Cash CASH_USD | n/a | 4.59% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | PR.PRCGEN 5 07.01.2058 | 2.03% |
| WASHINGTON D C MET AREA TRAN AUTH DEDICATED REV 5% | DC.DCTTRN 5 07.15.2045 | 1.47% |
| VIRGINIA COLLEGE BLDG AUTH VA 5% | VA.VACHGR 5 02.01.2038 | 1.28% |
| HAMPTON RDS TRANSN ACCOUNTABILITY COMMN VA HAMPTON RDS TRANSN FD REV 5.25% | VA.HRDTRN 5.25 07.01.2064 | 1.20% |
| LOUISA VA INDL DEV AUTH POLLUTN CTL REV 0% | VA.LOUPOL 11.01.2035 | 1.20% |
| ISLE WIGHT CNTY VA ECONOMIC DEV AUTH HEALTH SYS REV 5.25% | VA.ILWDEV 5.25 07.01.2048 | 1.19% |
| VIRGINIA SMALL BUSINESS FING AUTH ENVIRONMENTAL FACS REV 4% | VA.VASDEV 11.01.2052 | 1.18% |
| VIRGINIA ST HSG DEV AUTH 5.15% | VA.VASHSG 5.15 11.01.2048 | 1.16% |
| RICHMOND VA REDEV & HSG AUTH MULTIFAMILY TAX-EXEMPT MTG-BKD BDS 4.5% | VA.RICHSG 4.5 05.01.2040 | 1.16% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.02791 | Sep 2, 2025 |
| Jul 31, 2025 | $0.02771 | Aug 1, 2025 |
| Jun 30, 2025 | $0.02652 | Jul 1, 2025 |
| May 30, 2025 | $0.02726 | Jun 2, 2025 |
| Apr 30, 2025 | $0.02637 | May 1, 2025 |
| Mar 31, 2025 | $0.02716 | Apr 1, 2025 |