MCAVX Mutual Fund

NAV$8.94

Fund Essentials - as of Mar 31, 2026

Net Assets
$198M
Expense Ratio
0.55%
Dividend Yield (Current)
3.33%
Holdings
435
Inception Date
Apr 1, 2016
Fund Family
MFS Investment Management
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly
SEC 30-Day Yield
PRO

Performance

YTD+2.98%
1 Year+8.27%
3 Year+4.23%
5 Year+0.71%
10 Year+2.22%

Asset Allocation

Bonds: 95.84%
Cash: 4.16%

Price Chart (6M)

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Top Holdings

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TickerNameWeight
-Mfs Institutional Money Market Portfolio4.21%
CA CCEDEV 08/01/2055California Community Choice Financ 5% Oct 01, 20321.19%
-California Cmnty Choice Fing Auth Clean Energ 0 10/01/20561.02%
CA CASMFH 4.45 12/01California St Muni Fin Auth Mf Hsg Rev 4.45%, Due 12/01/20421.00%
-Los Angeles Housing Authority,4.5,2059-12-011.00%
Top 10 Concentration: 12.32%Report Date: Mar 31, 2026
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Dividend Summary

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Dividend Yield (Current)
3.33%
Frequency
Monthly
Latest Distribution
$0.02
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO
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MCAVX Mutual Fund Overview

MCAVX Mutual Fund (MFS California Municipal Bond Fund Class I) is managed by MFS Investment Management with $197.5M in net assets. MCAVX expense ratio is 0.55%, holding 435 positions across sectors including Other, Financials, Utilities. Inception date: 2016-04-01.

MCAVX performance shows a YTD return of 2.98%. The 1-year return is 8.27% and the 5-year return is 0.71%. MCAVX dividend yield stands at 3.33%, paid monthly.

MCAVX top holdings include Mfs Institutional Money Market Portfolio (4.2%), California Community Choice Financ 5% Oct 01, 2032 (1.2%), California Cmnty Choice Fing Auth Clean Energ 0 10/01/2056 (1.0%), California St Muni Fin Auth Mf Hsg Rev 4.45%, Due 12/01/2042 (1.0%), Los Angeles Housing Authority,4.5,2059-12-01 (1.0%). View all MCAVX holdings, sector breakdown, or dividend history.

MCAVX can be compared against other funds using the overlap calculator or side-by-side comparison tool. MCAVX alternatives are available via the screener, along with tax-loss harvesting opportunities.