MFS Massachusetts Municipal Bond Fund Class I (MTALX)

Fund Assets	410.11M
Expense Ratio	0.564%
Min. Investment	$0.00
Turnover	12.00%
Dividend (ttm)	0.32
Dividend Yield	3.75%
Dividend Growth	5.17%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	8.36
YTD Return	-2.46%
1-Year Return	-1.49%
5-Year Return	-1.54%
52-Week Low	8.25
52-Week High	9.01
Beta (5Y)	0.07
Holdings	271
Inception Date	Apr 1, 2016

About MTALX

The MFS Massachusetts Municipal Bond Fund Class I is a tax-exempt municipal bond mutual fund focused on providing investors with a high level of current income that is exempt from both federal and Massachusetts state income taxes. The fund predominantly invests in a diversified portfolio of municipal securities issued by the state of Massachusetts and its municipalities, typically allocating at least 80% of its assets to these tax-advantaged instruments. Its investment strategy emphasizes sector and security selection, as well as yield curve analysis, seeking to deliver attractive risk-adjusted returns while prioritizing income generation. The fund's holdings feature a mix of credit qualities, including significant allocations to AA, A, and BBB-rated bonds, allowing for diversification across credit risk profiles. Targeted largely to residents seeking to benefit from double tax-free income, the fund pays dividends monthly and is structured to have no sales charge for eligible investors. Its long-standing presence in the municipal bond sector highlights its role as a key instrument for both income-focused investors and those with Massachusetts tax considerations.

• Fund Family: MFS
• Category: Muni Massachusetts
• Performance Rating: High
• Risk Rating: High
• Stock Exchange: Nasdaq
• Ticker Symbol: MTALX
• Share Class: I
• Index: Bloomberg Municipal Bond TR

Performance

MTALX had a total return of -1.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.73%.

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%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02718	Oct 1, 2026
Aug 31, 2026	$0.02817	Sep 1, 2026
Jul 31, 2026	$0.02738	Aug 3, 2026
Jun 30, 2026	$0.0262	Jul 1, 2026
May 29, 2026	$0.02667	Jun 1, 2026
Apr 30, 2026	$0.02568	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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