MFS West Virginia Municipal Bond Fund Class I (MWVIX)
| Fund Assets | 85.63M |
| Expense Ratio | 0.62% |
| Min. Investment | $1,000 |
| Turnover | 12.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.35% |
| Dividend Growth | 2.89% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 8.99 |
| YTD Return | 0.74% |
| 1-Year Return | 4.31% |
| 5-Year Return | 4.80% |
| 52-Week Low | 8.19 |
| 52-Week High | 9.00 |
| Beta (5Y) | n/a |
| Holdings | 138 |
| Inception Date | Apr 1, 2016 |
About MWVIX
The MFS West Virginia Municipal Bond Fund Class I is a municipal bond mutual fund designed to provide investors with a total return, placing particular emphasis on generating income that is exempt from both federal and West Virginia state personal income taxes. Its primary investment focus is on municipal securities issued by entities within West Virginia as well as select securities from other U.S. issuers, aiming to deliver what is often referred to as "double tax free" income to West Virginia residents. The fund achieves its objectives through active sector and security selection, as well as yield curve analysis, seeking to optimize income generation and manage interest rate risks. The portfolio is predominantly composed of municipal bonds — accounting for over 99% of its holdings — often supporting public projects and essential services across the state, such as infrastructure, housing development, and community initiatives. The fund’s structure makes it particularly relevant for investors seeking tax-advantaged income while supporting local public finance. With a history dating back to 1984 and managed by MFS, it represents a specialized offering within the broader municipal bond fund market, often serving as a tool for state-focused asset allocation and income diversification.
Performance
MWVIX had a total return of 4.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.36%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02635 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02607 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02512 | Dec 1, 2025 |
| Oct 31, 2025 | $0.0261 | Nov 3, 2025 |
| Sep 30, 2025 | $0.02522 | Oct 1, 2025 |
| Aug 29, 2025 | $0.02571 | Sep 2, 2025 |