Mutual Fund Insights: MFS AR Municipal Bond A Fund (MFARX)

In-depth Analysis of MFS AR Municipal Bond A Fund (MFARX)

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See MFS AR Municipal Bond A Fund (MFARX) performance details as of February 28, 2010

  

Last Trade: $9.98 on 3/19/2010, Change: 0.00 (0%)

  

Fund Manager - Michael L. Dawson

Fund Manager Tenure: 11.2 years   [Similar Funds: MFALX ]
Fundmojo Fund Grade: B (Score: 0.67)     (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 AR Municipal Bond A Fund (MFARX)

Data for MFS AR Municipal Bond A Fund (MFARX) as of February 28, 2010

• MFS AR Municipal Bond A Fund (MFARX) management has been with MFS AR Municipal Bond A Fund for 11.2 years
• MFS AR Municipal Bond A Fund (MFARX) has good mid-term performance (3-year return 4.42% vs 2.40 % Muni Single State Long category average)
• MFS AR Municipal Bond A Fund (MFARX) has good Long-term performance (5-year return 4.22% vs 3.41 % Muni Single State Long category average)
• MFS AR Municipal Bond A Fund (MFARX) ratio of up-years vs down years is greater than 2
• MFS AR Municipal Bond A Fund (MFARX) has a Morningstar rating of 4 and above
• MFS AR Municipal Bond A Fund (MFARX) is less volatile than its peers as it has a 3-year Standard Deviation of 5.42, lower than category average of 7.98
• MFS AR Municipal Bond A Fund (MFARX) has a lower management fee than its Muni Single State Long average: 0.60% vs 1.03%

  

 What we are cautious about MFS AR Municipal Bond A Fund (MFARX)

Data for MFS AR Municipal Bond A Fund (MFARX) as of February 28, 2010

• MFS AR Municipal Bond A Fund (MFARX) has a less-than-ideal short-term performance (1-year return 10.08% vs 13.50 % Muni Single State Long category average)
• MFS AR Municipal Bond A Fund (MFARX) is less safe compared to its Muni Single State Long peers
• MFS AR Municipal Bond A Fund (MFARX) has an annual stock turnover rate of 23.00% that is higher than the Muni Single State Long average of 19.68%. This could mean MFS AR Municipal Bond A is more nimble, but also signal potential high tax impact and high trading fees
• MFS AR Municipal Bond A Fund (MFARX) carries a 4.75% load

See MFS AR Municipal Bond A Fund (MFARX) performance details as of February 28, 2010

  

  

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MFS AR Municipal Bond A Fund (MFARX) Net Asset

Track net asset change of MFS AR Municipal Bond A fund (MFARX)

Date	Net Asset
02/2010	$184.91M
01/2010	$173.72M
11/2009	$169.52M

More historic net asset information on MFS AR Municipal Bond A Fund (MFARX)

  

MFS AR Municipal Bond A Fund (MFARX) Portfolio Allocation

Track portfolio allocation change of MFS AR Municipal Bond A fund (MFARX)

Date	Cash	Stock	Bond	Other
01/2010	3.1%	0%	96.9%	0%
10/2009	3.79%	0%	96.21%	0%
09/2009	4.9%	0%	95.1%	0%

Click here to see more historic asset allocation information on MFS AR Municipal Bond A Fund (MFARX)

  

Most Recent Top 10 Holdings in MFS AR Municipal Bond A Fund (MFARX)

Discover what MFS AR Municipal Bond A Fund (MFARX) manager is buying

31-Jan-10 North Little Rock Ark Elec Rev Elec 6.5% [3.76%] Puerto Rico Comwlth G O Pub I 5.75% [3.38%] Harrison Ark Residential Hsg F Sing 7.4% [2.5%] Arkansas St Dev Fin Auth 5% [1.85%] Little Rock Ark Hotel & Restau Ho 7.375% [1.83%] Univ Ark Univ Revs Constr Re 5% [1.82%] Univ Ark Univ Revs Var Fac-R 5% [1.8%] Arkansas St Dev Fin Auth 5.7% [1.77%] Arkansas St Univ Rev Rev Bds 5% [1.49%] Price/Earnings [0%]

31-Oct-09 North Little Rock Ark Elec Rev Elec 6.5% [3.92%] Puerto Rico Comwlth G O Pub I 5.75% [3.57%] Harrison Ark Residential Hsg F Sing 7.4% [2.57%] Arkansas St Dev Fin Auth 5% [2.27%] Arkansas St Dev Fin Auth 5% [1.92%] Univ Ark Univ Revs Constr Re 5% [1.89%] Univ Ark Univ Revs Var Fac-R 5% [1.87%] Little Rock Ark Hotel & Restau Ho 7.375% [1.86%] Arkansas St Dev Fin Auth 5.7% [1.84%] Univ Ark Univ Revs Various F 5% [1.51%]

30-Sep-09 North Little Rock Ark Elec Rev Elec 6.5% [3.9%] PUERTO RICO COMWLTH G O PUB I [3.53%] Harrison Ark Residential Hsg F Sing 7.4% [2.54%] Arkansas St Dev Fin Auth 5% [2.26%] Arkansas St Dev Fin Auth 5% [1.93%] Univ Ark Univ Revs Constr Re 5% [1.9%] Univ Ark Univ Revs Var Fac-R 5% [1.87%] Little Rock Ark Hotel & Restau Ho 7.375% [1.85%] Arkansas St Dev Fin Auth 5.7% [1.84%] Arkansas St Univ Rev Rev Bds 5% [1.52%]

Click here for Stock Holding Change Map in MFS AR Municipal Bond A Fund (MFARX)

  

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Latest News on MFS AR Municipal Bond A (MFARX)

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See more information on MFS AR Municipal Bond A Fund (MFARX)

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