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Morningstar

MFS GA Municipal Bond A MMGAX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 9.96  /  −0.09 %
  • Total Assets 106.8 Mil
  • Adj. Expense Ratio
    0.900%
  • Expense Ratio 0.900%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Muni Single State Long
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.82%
  • Effective Duration 7.21 years

USD | NAV as of Apr 16, 2024 | 1-Day Return as of Apr 16, 2024, 12:24 AM GMT+0

Morningstar’s Analysis MMGAX

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

  • People Pillar

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

Strength in MFS GA 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-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MMGAX

More MMGAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Currency Cash CASH_USD

1.55 1.7 Mil
Cash and Equivalents

GWINNETT CNTY GA SCH DIST 5%

1.54 1.6 Mil
municipal

GEORGIA ST HSG & FIN AUTH REV 3.85%

1.29 1.4 Mil
municipal

DALTON GA UTILS REV 5%

1.21 1.3 Mil
municipal

METROPOLITAN ATLANTA RAPID TRAN AUTH GA SALES TAX REV 5%

1.10 1.2 Mil
municipal

COLUMBIA CNTY GA HOSP AUTH REV 5.75%

1.08 1.2 Mil
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%

1.07 1.1 Mil
municipal

ROME GA BLDG AUTH REV 5%

1.07 1.1 Mil
municipal

ROME GA BLDG AUTH REV 5%

1.07 1.1 Mil
municipal

DALTON GA UTILS REV 5%

1.06 1.1 Mil
municipal