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MFS Massachusetts Municipal Bond Fund (MBMAX)

Nasdaq - Nasdaq Delayed price. Currency in USD
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10.23+0.01 (+0.10%)
At close: 08:00PM EDT

MFS Massachusetts Municipal Bond Fund

Boston, MA 2199

111 Huntington Avenue, 24th Floor

MFS Municipal Series Trust

1-800-637-2929
Management information
Michael L. Dawson,Lead manager since 31 December 1998
Michael L. Dawson is an investment officer and a portfolio manager of MFS Investment Management® (MFS®). Michael joined MFS in 1998 and was named portfolio manager in 1999. Prior to joining MFS, Michael worked in institutional sales - fixed income for Fidelity Capital Markets and Goldman Sachs. Prior to that, he was a research analyst in the municipal bond group at Franklin Templeton. He is a graduate of Santa Clara University and received an MBA degree from Babson College in 1999. He is a member of the Boston Municipal Analysts Forum and the National Federation of Municipal Analysts.
Morningstar style box
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Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.

Fund overview

CategoryMuni Massachusetts
Fund familyMFS
Net assets349.45M
YTD return-0.10%
Yield2.24%
Morningstar rating★★
Inception date8 Apr 1985

Fund operations

Last dividend0.04
Last cap gain-7.00
Holdings turnover36.00%
Average for categoryN/A

Fees and expenses

ExpenseMBMAXCategory average
Annual report expense ratio (net)0.82%0.87%
Prospectus net expense ratio0.82%N/A
Prospectus gross expense ratio0.86%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/A3.89%
Max deferred sales loadN/A1.64%
3-yr expense projection0N/A
5-yr expense projection0N/A
10-yr expense projection0N/A