MFS Massachusetts Municipal Bond Fund Class I (MTALX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.86
0.00 (0.00%)
Jun 10, 2024, 4:00 PM EDT
0.45%
Fund Assets 349.30M
Expense Ratio 0.57%
Min. Investment $1,000
Turnover 17.00%
Dividend (ttm) 0.29
Dividend Yield 3.27%
Dividend Growth 8.48%
Payout Frequency Monthly
Ex-Dividend Date May 31, 2024
Previous Close 8.86
YTD Return -0.18%
1-Year Return 3.64%
5-Year Return 2.92%
52-Week Low 8.24
52-Week High 9.02
Beta (5Y) n/a
Holdings 274
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 3.64% in the past year. Since the fund's inception, the average annual return has been -1.10%, including dividends.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol Provider Name Expense Ratio
FMHTX Fidelity Fidelity Michigan Municipal Income Fund 0.46%
FIMSX Fidelity Fidelity Municipal Income 2025 Fund 0.40%
FIWAX Fidelity Fidelity Advisor Limited Term Municipal Income Fund - Class Z 0.25%
FCTFX Fidelity Fidelity California Municipal Income Fund 0.43%
FZIAX Fidelity Fidelity Advisor Intermediate Municipal Income Fund - Class A 0.68%

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

13.66% of assets
Name Symbol Weight
Currency Cash CASH_USD n/a 2.25%
MASSACHUSETTS BAY TRANSN AUTH MASS 3.68% MA MASTRN 03.01.2030 1.85%
MASSACHUSETTS ST DEV FIN AGY REV 3.75% MA MASDEV 03.01.2048 1.55%
MASSACHUSETTS ST SCH BLDG AUTH DEDICATED SALES TAX REV 5% MA MASEDU 5 02.15.2044 1.21%
MASSACHUSETTS ST HSG FIN AGY HSG REV 5.5% MA MASHSG 5.5 12.01.2052 1.20%
NEW BEDFORD MASS 4% MA NEW 4 09.01.2047 1.17%
MASSACHUSETTS ST 5% MA MAS 5 11.01.2024 1.16%
MASSACHUSETTS ST DEV FIN AGY REV 4% MA MASDEV 4 10.01.2045 1.11%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% PR PRCGEN 5 07.01.2058 1.10%
TISBURY MASS 3% MA TIS 3 08.15.2052 1.06%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
May 31, 2024 $0.02454 Jun 3, 2024
Apr 30, 2024 $0.02385 May 1, 2024
Mar 28, 2024 $0.02487 Apr 1, 2024
Mar 1, 2024 $0.02388 Mar 1, 2024
Feb 1, 2024 $0.02553 Feb 1, 2024
Dec 28, 2023 $0.02521 Dec 29, 2023
Full Dividend History