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

View Net Fund Flows. Upgrade now.
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 33
-45.17M
-1.378B Category Low
164.32M Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of July 31, 2022

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Cat (NAV)
--
--
--
--
--
--
--
--
As of August 12, 2022. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

Edit comparables
Loading chart...
Name
2015
2016
2017
2018
2019
2020
2021
YTD
4.56%
1.00%
6.25%
0.98%
8.56%
3.99%
2.98%
-8.34%
3.30%
0.25%
5.45%
1.28%
7.54%
5.21%
1.52%
-6.76%
3.86%
0.06%
5.58%
0.76%
7.41%
4.50%
2.87%
-7.17%
3.90%
0.15%
6.07%
0.58%
8.09%
5.38%
2.16%
-9.64%
4.31%
0.48%
6.65%
0.36%
8.14%
5.41%
4.42%
-8.56%
3.84%
-0.70%
5.89%
0.19%
7.09%
4.12%
2.04%
-8.16%
As of August 12, 2022.

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

Asset Allocation

As of June 30, 2022.
Type % Net % Long % Short
Cash 0.07% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 99.93% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

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 --
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Open to Existing Investors Yes
Minimum Initial Investment Upgrade
Minimum Subsequent Investment 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

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

Top Portfolio Holders

0 of 0