Mutual Fund Insights: MFS PA Municipal Bond B Fund (MBPAX)

In-depth Analysis of MFS PA Municipal Bond B Fund (MBPAX)

3 months 6 months 1 year 3 year 5 year

See MFS PA Municipal Bond B Fund (MBPAX) performance details as of February 28, 2010

  

Last Trade: $10.12 on 3/19/2010, Change: 0.00 (0%)

  

Fund Manager - Michael L. Dawson

Fund Manager Tenure: 11.2 years
Fundmojo Fund Grade: D (Score: 0.49)     (What does this score mean?)

Michael L. Dawson is assistant vice president and a portfolio manager of all state municipal bond funds at MFS Investment Management. Michael L. Dawson joined the firm in 1998 and became portfolio manager in 1999. Previously, Michael L. Dawson work in institutional sales-fixed income for Fidelity Capital Markets and Goldman Sachs. Prior to that, Michael L. Dawson was a research analyst in the municipal bonds group at Franklin Templeton.  Get more insights on Michael L. Dawson

  

 What we like about MFS PA Municipal Bond B Fund (MBPAX)

Data for MFS PA Municipal Bond B Fund (MBPAX) as of February 28, 2010

• MFS PA Municipal Bond B Fund (MBPAX) management has been with MFS PA Municipal Bond B Fund for 11.2 years
• MFS PA Municipal Bond B Fund (MBPAX) has good mid-term performance (3-year return 2.87% vs 2.82 % Muni Pennsylvania category average)
• MFS PA Municipal Bond B Fund (MBPAX) ratio of up-years vs down years is greater than 2
• MFS PA Municipal Bond B Fund (MBPAX) is less volatile than its peers as it has a 3-year Standard Deviation of 6.19, lower than category average of 6.98

  

 What we are cautious about MFS PA Municipal Bond B Fund (MBPAX)

Data for MFS PA Municipal Bond B Fund (MBPAX) as of February 28, 2010

• MFS PA Municipal Bond B Fund (MBPAX) has a less-than-ideal short-term performance (1-year return 10.76% vs 12.02 % Muni Pennsylvania category average)
• MFS PA Municipal Bond B Fund (MBPAX) has a less-than-ideal Long-term performance (5-year return 3.20% vs 3.31 % Muni Pennsylvania category average)
• MFS PA Municipal Bond B Fund (MBPAX) has a Morningstar rating of 3 and below
• MFS PA Municipal Bond B Fund (MBPAX) has an annual stock turnover rate of 28.00% that is higher than the Muni Pennsylvania average of 19.70%. This could mean MFS PA Municipal Bond B is more nimble, but also signal potential high tax impact and high trading fees
• MFS PA Municipal Bond B Fund (MBPAX) has a higher management fee of 1.37% than its Muni Pennsylvania average of 1.08%
• MFS PA Municipal Bond B Fund (MBPAX) carries a 4% load

See MFS PA Municipal Bond B Fund (MBPAX) performance details as of February 28, 2010

  

  

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MFS PA Municipal Bond B Fund (MBPAX) Net Asset

Track net asset change of MFS PA Municipal Bond B fund (MBPAX)

Date	Net Asset
02/2010	$133.38M
01/2010	$21.40M
11/2009	$21.45M

More historic net asset information on MFS PA Municipal Bond B Fund (MBPAX)

  

MFS PA Municipal Bond B Fund (MBPAX) Portfolio Allocation

Track portfolio allocation change of MFS PA Municipal Bond B fund (MBPAX)

Date	Cash	Stock	Bond	Other
01/2010	4.21%	0%	95.79%	0%
10/2009	0.73%	0%	99.27%	0%
09/2009	0.82%	0%	99.18%	0%

Click here to see more historic asset allocation information on MFS PA Municipal Bond B Fund (MBPAX)

  

Most Recent Top 10 Holdings in MFS PA Municipal Bond B Fund (MBPAX)

Discover what MFS PA Municipal Bond B Fund (MBPAX) manager is buying

31-Jan-10 Reading Pa Sch Dist 5% [1.8%] State Pub Sch Bldg Auth 5% [1.62%] Pennsylvania St Tpk Commn Oil Rev Bds 5% [1.41%] Upper Moreland Twp Pa Sch Dist 5% [1.35%] Unity Twp Pa Mun Auth 5% [1.3%] Pennsylvania St Higher Ed Assi Rev Bd 5% [1.17%] Univ Area Jt Auth 5% [1.13%] Scranton Pa Sch Dist 5% [1.08%] Deer Lakes Sch Dist 5.375% [1.05%] Allegheny Cnty Pa Higher Ed Bl Rev Bd 5% [0.97%]

31-Oct-09 Reading Pa Sch Dist 5% [1.88%] State Pub Sch Bldg Auth 5% [1.68%] Pennsylvania St Tpk Commn Oil Rev Bds 5% [1.51%] Upper Moreland Twp Pa Sch Dist 5% [1.41%] Unity Twp Pa Mun Auth 5% [1.4%] Pennsylvania St Higher Ed Assi Rev Bd 5% [1.25%] Univ Area Jt Auth 5% [1.19%] Scranton Pa Sch Dist 5% [1.17%] Pennsylvania Hsg Fin Agy Single Fa 5.1% [1.14%] Deer Lakes Sch Dist 5.375% [1.1%]

30-Sep-09 Reading Pa Sch Dist 5% [1.9%] State Pub Sch Bldg Auth 5% [1.74%] Pennsylvania St Tpk Commn Oil Rev Bds 5% [1.52%] Upper Moreland Twp Pa Sch Dist 5% [1.42%] Unity Twp Pa Mun Auth 5% [1.39%] Pennsylvania St Higher Ed Assi Rev Bd 5% [1.24%] Univ Area Jt Auth 5% [1.22%] Scranton Pa Sch Dist 5% [1.18%] Pennsylvania Hsg Fin Agy Single Fa 5.1% [1.16%] Deer Lakes Sch Dist 5.375% [1.14%]

Click here for Stock Holding Change Map in MFS PA Municipal Bond B Fund (MBPAX)

  

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Latest News on MFS PA Municipal Bond B (MBPAX)

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See more information on MFS PA Municipal Bond B Fund (MBPAX)

• MFS PA Municipal Bond B Fund Insights
• MFS PA Municipal Bond B Fund Performance Data
• MFS PA Municipal Bond B Fund News
• MFS PA Municipal Bond B Fund Score Explaination
• MFS PA Municipal Bond B Fund Manager Information
• Historic MFS PA Municipal Bond B Fund Asset Allocation Report
• Historic MFS PA Municipal Bond B Fund Top 10 Holding Tracking
• Historic MFS PA Municipal Bond B Fund Asset Under Management Tracking