MFS Alabama Municipal Bond Fund B (MBABX)
9.49
-0.06
(-0.63%)
USD |
Mar 03 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.65% | 71.01M | -- | 24.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -2.279M | 2.64% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide current income exempt from federal and Alabama state income taxes. The fund invests, under normal market conditions, at least 80% of its net assets in securities and other investments, the interest on which is exempt from federal income tax and personal income tax, if any, of Alabama. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | Other States Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Other States Municipal Debt Funds |
| Fund Owner Firm Name | MFS |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
43
-4.908M
Peer Group Low
12.31M
Peer Group High
1 Year
% Rank:
32
-2.279M
-90.57M
Peer Group Low
71.99M
Peer Group High
3 Months
% Rank:
47
-34.06M
Peer Group Low
26.64M
Peer Group High
3 Years
% Rank:
31
-261.92M
Peer Group Low
104.26M
Peer Group High
6 Months
% Rank:
32
-56.84M
Peer Group Low
29.29M
Peer Group High
5 Years
% Rank:
30
-503.36M
Peer Group Low
141.26M
Peer Group High
YTD
% Rank:
48
-6.109M
Peer Group Low
25.02M
Peer Group High
10 Years
% Rank:
27
-583.71M
Peer Group Low
543.50M
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of March 04, 2026.
Asset Allocation
As of January 31, 2026.
| Type | % Net |
|---|---|
| Cash | 1.43% |
| Stock | 0.00% |
| Bond | 98.57% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.00% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| AUBURN UNIV ALA GEN FEE REV AL 5.000 06/01/2048 | 2.19% | 101.83 | -0.13% |
| BALDWIN CNTY ALA PUB BLDG AUTH BLDG REV AL 4.375 03/01/2046 | 1.76% | -- | -- |
| IRONDALE ALA PUB BLDG AUTH LEASE REV AL 5.000 10/01/2044 | 1.54% | -- | -- |
| JEFFERSON CNTY ALA SWR REV AL 5.500 10/01/2053 | 1.52% | 104.46 | -0.37% |
| ALABAMA ST PORT AUTH DOCKS FACS REV AL 5.000 10/01/2035 | 1.48% | -- | -- |
| MOBILE CNTY ALA BRD SCH COMMRS SPL TAX SCH WTS AL 4.000 03/01/2039 | 1.47% | -- | -- |
| OXFORD ALA AL 5.000 07/01/2052 | 1.47% | -- | -- |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPPLY REV KY 4.000 08/01/2052 | 1.47% | 103.28 | 0.00% |
| PELL CITY ALA SPL CARE FACS FING AUTH REV AL 4.000 12/01/2038 | 1.46% | -- | -- |
| ALABAMA HSG FIN AUTH MULTIFAMILY TAX EXEMPT MTG BKD BDS AL 4.450 08/01/2045 | 1.45% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 1.00% |
| Actual Management Fee | 0.27% |
| Administration Fee | 16.00% |
| Maximum Front Load | -- |
| Maximum Deferred Load | 4.00% |
| Maximum Redemption Fee | 0.00% |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors | No |
| Minimum Initial Investment | 1000.00 None |
| Minimum Subsequent Investment | 50.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide current income exempt from federal and Alabama state income taxes. The fund invests, under normal market conditions, at least 80% of its net assets in securities and other investments, the interest on which is exempt from federal income tax and personal income tax, if any, of Alabama. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | Other States Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Other States Municipal Debt Funds |
| Fund Owner Firm Name | MFS |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (3-2-26) | 2.45% |
| 30-Day SEC Yield (1-31-26) | 2.66% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 157 |
| Bond | |
| Yield to Maturity (1-31-26) | 4.40% |
| Effective Duration | 9.37 |
| Average Coupon | 4.68% |
| Calculated Average Quality | 2.661 |
| Effective Maturity | 17.92 |
| Nominal Maturity | 21.20 |
| Number of Bond Holdings | 154 |
As of January 31, 2026
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:MBABX", "name") |
| Broad Asset Class: =YCI("M:MBABX", "broad_asset_class") |
| Broad Category: =YCI("M:MBABX", "broad_category_group") |
| Prospectus Objective: =YCI("M:MBABX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |