Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
MFS AL Municipal Bond B MBABX
- NAV / 1-Day Return 9.31 / +0.01 %
- Total Assets 65.6 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.650%
- Distribution Fee Level High
- Share Class Type —
- Category Muni Single State Long
- Credit Quality / Interest Rate Sensitivity Medium/Extensive
- Min. Initial Investment 250
- Status Closed
- TTM Yield 2.22%
- Effective Duration 7.64 years
USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:16 PM GMT+0
Morningstar’s Analysis MBABX
Will MBABX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 16.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Currency Cash CASH_USD | 2.55 | 1.7 Mil | Cash and Equivalents |
AUBURN UNIV ALA GEN FEE REV 5% | 2.36 | 1.6 Mil | municipal |
ALABAMA TRANSN INFRASTRUCTURE BK LTD OBLIG REV 5% | 1.67 | 1.1 Mil | municipal |
ALABAMA TRANSN INFRASTRUCTURE BK LTD OBLIG REV 5% | 1.66 | 1.1 Mil | municipal |
JEFFERSON CNTY ALA SWR REV 5.5% | 1.62 | 1.1 Mil | municipal |
UNIVERSITY NORTH ALA REV 5% | 1.61 | 1.1 Mil | municipal |
LIMESTONE CNTY ALA WTR & SWR AUTH WTR & SWR REV 5% | 1.61 | 1.1 Mil | municipal |
OXFORD ALA 5% | 1.60 | 1.1 Mil | municipal |
UAB MEDICINE FIN AUTH ALA REV 5% | 1.57 | 1.1 Mil | municipal |
ALABAMA ST PORT AUTH DOCKS FACS REV 5% | 1.56 | 1.1 Mil | municipal |