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Morningstar

MFS NY Municipal Bond A MSNYX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 9.91  /  0.41 %
  • Total Assets 167.8 Mil
  • Adj. Expense Ratio
    0.830%
  • Expense Ratio 0.830%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Muni New York Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.42%
  • Effective Duration 7.89 years

USD | NAV as of Dec 06, 2023 | 1-Day Return as of Dec 06, 2023, 11:15 PM GMT+0

Morningstar’s Analysis MSNYX

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

People Pillar

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

Strength in MFS NY 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
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Portfolio Holdings MSNYX

More MSNYX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 208
  • Other Holdings 1
  • % Assets in Top 10 Holdings 18.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW YORK TRANSN DEV CORP SPL FAC REV 5.63%

2.25
3,475,740
municipal

NEW YORK ST HSG FIN AGY REV 4.13%

2.17
3,358,358
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%

2.07
3,201,939
municipal

METROPOLITAN TRANSN AUTH N Y REV 5%

2.00
3,090,532
municipal

TRIBOROUGH BRDG & TUNL AUTH N Y PAYROLL MOBILITY TAX 4%

1.91
2,953,933
municipal

NEW YORK N Y CITY INDL DEV AGY ARPT FACS REV 5%

1.67
2,578,468
municipal

METROPOLITAN TRANSN AUTH N Y REV 4%

1.66
2,559,693
municipal

NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 4.25%

1.64
2,537,000
municipal

NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY HSG REV 3.95%

1.41
2,179,650
municipal

METROPOLITAN TRANSN AUTH N Y REV 5%

1.37
2,118,016
municipal