Morningstar

MFS VA Municipal Bond A MSVAX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 10.46  /  +0.10 %
  • Total Assets 356.7 Mil
  • Adj. Expense Ratio
    0.810%
  • Expense Ratio 0.810%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Muni Single State Long
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.94%
  • Effective Duration 6.95 years

USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis MSVAX

Will MSVAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MSVAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MSVAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MSVAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in MFS VA Municipal Bond A's People Pillar is partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
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Portfolio Holdings MSVAX

More MSVAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%

2.15 7.6 Mil
municipal

WASHINGTON D C MET AREA TRAN AUTH DEDICATED REV 5%

1.51 5.4 Mil
municipal

VIRGINIA COLLEGE BLDG AUTH VA EDL FACS REV 21ST CENTY COLLEGE & EQUIP PROG

1.27 4.5 Mil
municipal

ISLE WIGHT CNTY VA ECONOMIC DEV AUTH HEALTH SYS REV 5.25%

1.25 4.4 Mil
municipal

VIRGINIA ST HSG DEV AUTH 5.15%

1.19 4.2 Mil
municipal

Currency Cash CASH_USD

1.17 4.2 Mil
Cash and Equivalents

ARLINGTON CNTY VA INDL DEV AUTH MULTI-FAMILY REV 5%

1.17 4.1 Mil
municipal

LOUISA VA INDL DEV AUTH POLLUTN CTL REV 0%

1.16 4.1 Mil
municipal

RICHMOND VA REDEV & HSG AUTH MULTIFAMILY TAX-EXEMPT MTG-BKD BDS 4.5%

1.16 4.1 Mil
municipal

VIRGINIA ST HSG DEV AUTH 4.75%

1.15 4.1 Mil
municipal

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