The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.
MFS AL Municipal Bond I MLALX
- NAV / 1-Day Return 9.15 / +0.01 %
- Total Assets 73.0 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.650%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Muni Single State Long
- Credit Quality / Interest Rate Sensitivity Medium/Extensive
- Min. Initial Investment 0
- Status Open
- TTM Yield 3.24%
- Effective Duration 8.03 years
USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:13 PM GMT+0
Morningstar’s Analysis MLALX
Will MLALX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 16.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
AUBURN UNIV ALA GEN FEE REV 5% | 2.21 | 1.6 Mil | municipal |
BALDWIN CNTY ALA PUB BLDG AUTH BLDG REV 4.38% | 1.78 | 1.3 Mil | municipal |
JEFFERSON CNTY ALA SWR REV 5.5% | 1.57 | 1.1 Mil | municipal |
ALABAMA TRANSN INFRASTRUCTURE BK LTD OBLIG REV 5% | 1.55 | 1.1 Mil | municipal |
IRONDALE ALA PUB BLDG AUTH LEASE REV 5% | 1.52 | 1.1 Mil | municipal |
LIMESTONE CNTY ALA WTR & SWR AUTH WTR & SWR REV 5% | 1.52 | 1.1 Mil | municipal |
OXFORD ALA 5% | 1.50 | 1.1 Mil | municipal |
TUSCALOOSA ALA CITY BRD ED SCH TAX WTS 5% | 1.47 | 1.1 Mil | municipal |
CHEROKEE CNTY ALA BRD ED SPL TAX SCH WTS 5% | 1.47 | 1.0 Mil | municipal |
ALABAMA ST PORT AUTH DOCKS FACS REV 5% | 1.46 | 1.0 Mil | municipal |