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MFS CA Municipal Bond B MBCAX

Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 5.52  /  +0.01 %
  • Total Assets 581.1 Mil
  • Adj. Expense Ratio
    1.450%
  • Expense Ratio 1.450%
  • Distribution Fee Level Low
  • Share Class Type
  • Category Muni California Long
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 1,000
  • Status Closed
  • TTM Yield 2.70%
  • Effective Duration 7.39 years

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

Morningstar’s Analysis MBCAX

Will MBCAX outperform in future?

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

Strength in MFS CA 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.

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Portfolio Holdings MBCAX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 10.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

OAKLAND CALIF UNI SCH DIST ALAMEDA CNTY 5.25%

1.39 8.0 Mil
municipal

LOS ANGELES CALIF HBR DEPT REV 5%

1.20 6.9 Mil
municipal

ORANGE CNTY CALIF TRANSN AUTH REV 5%

1.13 6.5 Mil
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%

1.10 6.4 Mil
municipal

MOUNTAIN VIEW-WHISMAN CALIF SCH DIST 4.25%

1.05 6.1 Mil
municipal

Currency Cash CASH_USD

1.05 6.1 Mil
Cash and Equivalents

OAKLAND CALIF 5.5%

1.00 5.8 Mil
municipal

SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5.75%

0.99 5.7 Mil
municipal

SAN LUIS OBISPO CALIF PUB FING AUTH LEASE REV 5%

0.98 5.6 Mil
municipal

CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5.38%

0.95 5.5 Mil
municipal