MFS Virginia Municipal Bond Fund Class A (MSVAX)
| Fund Assets | 346.26M |
| Expense Ratio | 0.82% |
| Min. Investment | $1,000 |
| Turnover | 9.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 2.83% |
| Dividend Growth | 4.43% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 10.33 |
| YTD Return | 2.50% |
| 1-Year Return | 7.47% |
| 5-Year Return | 2.47% |
| 52-Week Low | 9.76 |
| 52-Week High | 10.40 |
| Beta (5Y) | 0.06 |
| Holdings | 230 |
| 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 7.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.04%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.02725 | Jul 1, 2026 |
| May 29, 2026 | $0.02804 | Jun 1, 2026 |
| Apr 30, 2026 | $0.02698 | May 1, 2026 |
| Mar 31, 2026 | $0.02793 | Apr 1, 2026 |
| Feb 27, 2026 | $0.02522 | Mar 2, 2026 |
| Jan 30, 2026 | $0.02794 | Feb 2, 2026 |