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Morningstar

MFS AR Municipal Bond B MBARX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 8.98  /  +0.01 %
  • Total Assets 145.2 Mil
  • Adj. Expense Ratio
    1.450%
  • Expense Ratio 1.450%
  • Distribution Fee Level Low
  • Share Class Type —
  • Category Muni Single State Long
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Closed
  • TTM Yield 2.29%
  • Effective Duration 6.54 years

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:16 PM GMT+0

Morningstar’s Analysis MBARX

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

  • People Pillar

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

Strength in MFS AR Municipal Bond B'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 most expensive quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings MBARX

More MBARX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 18.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

FORT SMITH ARK WTR & SWR REV 5%

2.86 4.2 Mil
municipal

LITTLE ROCK ARK HOTEL & RESTAU GROSS RCPTS TAX 5%

2.06 3.0 Mil
municipal

SPRINGDALE ARK PUB FACS BRD HOSP REV 5%

2.01 3.0 Mil
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%

1.99 2.9 Mil
municipal

ARKANSAS ST DEV FIN AUTH REV 5%

1.79 2.6 Mil
municipal

ARKANSAS ST UNIV REV 4.5%

1.74 2.6 Mil
municipal

UNIVERSITY ARK UNIV REV 5%

1.51 2.2 Mil
municipal

UNIVERSITY ARK UNIV REV 5%

1.50 2.2 Mil
municipal

BATESVILLE ARK SALES & USE TAX REV 4%

1.50 2.2 Mil
municipal

ARKANSAS ST DEV FIN AUTH TOB SETTLEMENT REV 0%

1.50 2.2 Mil
municipal