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Morningstar

MFS MA Municipal Bond A MFSSX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 10.09  /  +0.01 %
  • Total Assets 349.0 Mil
  • Adj. Expense Ratio
    0.820%
  • Expense Ratio 0.820%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Muni Massachusetts
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.98%
  • Effective Duration 6.84 years

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

Morningstar’s Analysis MFSSX

Will MFSSX 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 MFSSX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MFSSX 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 MFSSX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in MFS MA 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

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings MFSSX

More MFSSX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Currency Cash CASH_USD

1.93 6.7 Mil
Cash and Equivalents

MASSACHUSETTS BAY TRANSN AUTH MASS 3.05%

1.85 6.4 Mil
municipal

MASSACHUSETTS ST DEV FIN AGY REV 3.4%

1.55 5.4 Mil
municipal

NEW BEDFORD MASS 4%

1.29 4.5 Mil
municipal

MASSACHUSETTS ST SCH BLDG AUTH DEDICATED SALES TAX REV 5%

1.23 4.3 Mil
municipal

MASSACHUSETTS ST HSG FIN AGY HSG REV 5.5%

1.20 4.2 Mil
municipal

MASSACHUSETTS ST 5%

1.16 4.1 Mil
municipal

MASSACHUSETTS ST DEV FIN AGY REV 4%

1.15 4.0 Mil
municipal

TISBURY MASS 3%

1.15 4.0 Mil
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%

1.10 3.9 Mil
municipal