MFS Massachusetts Municipal Bond Fund Class I (MTALX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
9.03
0.00 (0.00%)
Aug 30, 2024, 4:00 PM EDT
4.15% (1Y)
| Fund Assets | 365.47M |
| Expense Ratio | 0.57% |
| Min. Investment | $0.00 |
| Turnover | 17.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 3.24% |
| Dividend Growth | 6.31% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2024 |
| Previous Close | 9.03 |
| YTD Return | 2.18% |
| 1-Year Return | 7.48% |
| 5-Year Return | 2.37% |
| 52-Week Low | 8.24 |
| 52-Week High | 9.09 |
| Beta (5Y) | n/a |
| Holdings | 276 |
| Inception Date | Apr 1, 2016 |
About MTALX
The fund invests, under normal market conditions, at least 80% of its net assets in securities and other investments, the interest on which is exempt from federal income tax and personal income tax, if any, of Massachusetts. Interest from the fund's investments may be subject to the federal alternative minimum tax. The adviser normally invests the fund's assets primarily in municipal instruments.
Fund Family MFS
Category Muni Massachusetts
Performance Rating Above Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol MTALX
Index Bloomberg Municipal Bond TR
Performance
MTALX had a total return of 7.48% in the past year. Since the fund's inception, the average annual return has been 2.10%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FDMMX | Fidelity | Fidelity Massachusetts 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 |
|---|---|---|
| MPMAX | R6 | 0.50% |
| MFSSX | A | 0.82% |
| MBMAX | B | 1.57% |
Top 10 Holdings
13.17% of assets| Name | Symbol | Weight |
|---|---|---|
| MFS Institutional Money Market Portfolio, Class A | n/a | 2.25% |
| Massachusetts Bay Transportation Authority, Series 2000A SUB A-1 | n/a | 1.79% |
| Massachusetts Development Finance Agency, Series 2024 U-2 | n/a | 1.50% |
| Massachusetts School Building Authority | MA MASEDU 5 02.15.2044 | 1.17% |
| Commonwealth of Massachusetts, Series 2024B | MA MAS 5 11.01.2024 | 1.12% |
| Massachusetts Housing Finance Agency | n/a | 1.10% |
| Massachusetts Development Finance Agency | MA MASDEV 4 10.01.2045 | 1.08% |
| Town of Tisbury MA - Town of Tisbury | MA TIS 3 08.15.2052 | 1.08% |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue - Puerto Rico Sales Tax Financing Corp. Sales Tax | PR PRCGEN 5 07.01.2058 | 1.05% |
| Massachusetts Port Authority | n/a | 1.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2024 | $0.0252 | Aug 1, 2024 |
| Jun 28, 2024 | $0.02382 | Jul 1, 2024 |
| May 31, 2024 | $0.02454 | Jun 3, 2024 |
| Apr 30, 2024 | $0.02385 | May 1, 2024 |
| Mar 28, 2024 | $0.02487 | Apr 1, 2024 |
| Feb 29, 2024 | $0.02388 | Mar 1, 2024 |