MFS CA Municipal Bond I (MCAVX)
9.27
0.00 (0.00%)
USD |
Aug 12 2022
Returns Chart
Key Stats
Customize
| Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
|---|---|---|---|
| 0.58% | 530.76M | 2.61% | 25.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
| -45.17M | -8.79% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks total return with an emphasis on income exempt from federal income tax and personal income tax, if any, of California, but also considering capital appreciation. 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 California. Interest from the fund's investments may be subject to the federal alternative minimum tax. The adviser normally invests the fund's assets primarily in municipal instruments. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | MCFTX |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Category Name | Muni California Long |
| Category Index | Bloomberg Municipal California Exempt TR |
| Prospectus Objective | Municipal Bond - Single State |
| Fund Owner Firm Name | MFS |
| Prospectus Benchmark Index | |
| Bloomberg Municipal TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
| Manager Tenure | |
| Michael Dawson | 23.60 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
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Category Low
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Category High
1 Year
% Rank:
33
-45.17M
-1.378B
Category Low
164.32M
Category High
3 Months
% Rank:
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Category High
3 Years
% Rank:
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6 Months
% Rank:
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Category Low
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5 Years
% Rank:
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Category Low
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YTD
% Rank:
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Category Low
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10 Years
% Rank:
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Category Low
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Category High
As of July 31, 2022
Performance Versus Category
As of August 12, 2022. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of August 12, 2022.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%
|
1.60% | -- | -- |
|
CALIFORNIA ST 5%
|
1.54% | -- | -- |
|
UNIV CALIF REGTS MED CTR POOLED REV 5%
|
1.09% | -- | -- |
|
GROSSMONT CALIF UN HIGH SCH DIST 4%
|
1.02% | -- | -- |
|
NORTH LAKE TAHOE CALIF PUB FING AUTH LEASE REV 5.5%
|
0.99% | -- | -- |
|
CALIFORNIA MUN FIN AUTH LEASE REV 5%
|
0.97% | -- | -- |
|
UNIV CALIF REGTS MED CTR POOLED REV 4%
|
0.96% | -- | -- |
|
PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%
|
0.93% | -- | -- |
|
SANTA CLARA CNTY CALIF FING AUTH LEASE REV 3%
|
0.92% | -- | -- |
|
CALIFORNIA MUN FIN AUTH REV 5%
|
0.90% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | Upgrade |
| Administration Fee | -- |
| Performance Fee | -- |
| Switching Fee | -- |
| Transaction Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
Basic Info
| Investment Strategy | |
| The investment seeks total return with an emphasis on income exempt from federal income tax and personal income tax, if any, of California, but also considering capital appreciation. 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 California. Interest from the fund's investments may be subject to the federal alternative minimum tax. The adviser normally invests the fund's assets primarily in municipal instruments. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | MCFTX |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Category Name | Muni California Long |
| Category Index | Bloomberg Municipal California Exempt TR |
| Prospectus Objective | Municipal Bond - Single State |
| Fund Owner Firm Name | MFS |
| Prospectus Benchmark Index | |
| Bloomberg Municipal TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
| Manager Tenure | |
| Michael Dawson | 23.60 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (8-12-22) | 2.61% |
| 30-Day SEC Yield (6-30-22) | Upgrade |
| 7-Day SEC Yield | -- |
| Number of Holdings | Upgrade |
| Bond | |
| Current Yield | 4.68% |
| Yield to Maturity | Upgrade |
| Effective Duration | Upgrade |
| Average Coupon | Upgrade |
| Average Credit Score | Upgrade |
| Average Price | Upgrade |
As of June 30, 2022
Fund Details
| Key Dates | |
| Inception Date | 4/1/2016 |
| Last Annual Report Date | 3/31/2022 |
| Last Prospectus Date | 7/29/2022 |
| Share Classes | |
| MBCAX | B |
| MCCAX | C |
| MCFTX | A |
| MPOAX | Retirement |
| Attributes | |
| Enhanced Index Fund | No |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |