Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
MFS MA Municipal Bond B MBMAX
- NAV / 1-Day Return 10.39 / +0.01 %
- Total Assets 377.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.570%
- Distribution Fee Level High
- Share Class Type —
- Category Muni Massachusetts
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 1,000
- Status Closed
- TTM Yield 2.28%
- Effective Duration 6.47 years
USD | NAV as of Sep 25, 2024 | 1-Day Return as of Sep 25, 2024, 10:14 PM GMT+0
Morningstar’s Analysis MBMAX
Will MBMAX 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 11.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Currency Cash CASH_USD | 3.18 | 11.9 Mil | Cash and Equivalents |
MASSACHUSETTS BAY TRANSN AUTH MASS 3.23% | 1.75 | 6.5 Mil | municipal |
MASSACHUSETTS ST DEV FIN AGY REV 5% | 1.24 | 4.6 Mil | municipal |
MASSACHUSETTS ST SCH BLDG AUTH DEDICATED SALES TAX REV 5% | 1.14 | 4.2 Mil | municipal |
MASSACHUSETTS ST HSG FIN AGY HSG REV 5.5% | 1.09 | 4.1 Mil | municipal |
MASSACHUSETTS ST 5% | 1.09 | 4.1 Mil | Cash and Equivalents |
MASSACHUSETTS ST DEV FIN AGY REV 4% | 1.07 | 4.0 Mil | municipal |
TISBURY MASS 3% | 1.06 | 4.0 Mil | municipal |
PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | 1.03 | 3.9 Mil | municipal |
MASSACHUSETTS ST PORT AUTH REV 5% | 1.00 | 3.7 Mil | municipal |