MFS South Carolina Municipal Bond Fund Class I (MTSCX)
| Fund Assets | 241.15M |
| Expense Ratio | 0.59% |
| Min. Investment | $1,000 |
| Turnover | 19.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.38% |
| Dividend Growth | 8.34% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 8.90 |
| YTD Return | -0.08% |
| 1-Year Return | 3.57% |
| 5-Year Return | 1.78% |
| 52-Week Low | 8.48 |
| 52-Week High | 9.11 |
| Beta (5Y) | n/a |
| Holdings | 217 |
| Inception Date | Apr 1, 2016 |
About MTSCX
MFS South Carolina Municipal Bond Fund Class I is a tax-exempt municipal bond mutual fund designed primarily to provide income exempt from both federal and South Carolina personal income taxes. Managed under the MFS Municipal Series Trust since 2016 for this share class, the fund invests at least 80% of its net assets in municipal securities whose interest payments are tax-exempt at the federal and, where applicable, state level. The portfolio typically holds hundreds of bonds, with a significant portion rated investment grade, spanning credit qualities from AAA to BBB and below, aiming to balance income potential with risk management. This fund generally appeals to investors seeking stable, tax-advantaged income with a monthly distribution schedule. Its primary role in the financial markets is to offer South Carolina residents efficient access to diversified municipal bond exposure while targeting a total return that reflects both income generation and capital preservation, benchmarked against the Bloomberg Municipal Bond Index. The expense structure is competitive for its category, and the fund draws on sector and security selection, along with yield curve analysis, to generate returns in the broader municipal bond landscape.
Performance
MTSCX had a total return of 3.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.98%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.02837 | Apr 1, 2026 |
| Feb 27, 2026 | $0.02561 | Mar 2, 2026 |
| Jan 30, 2026 | $0.02829 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02802 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02766 | Dec 1, 2025 |
| Oct 31, 2025 | $0.02936 | Nov 3, 2025 |