MLALX Mutual Fund

MLALX Mutual Fund

NAV$8.37
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Fund Essentials - as of Jul 31, 2026

Net Assets
$17M
Expense Ratio
0.66%
Dividend Yield (Current)
3.57%
Holdings
159
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+0.30%
1 Year+5.35%
3 Year+3.74%
5 Year+0.23%
10 Year+1.74%

Asset Allocation

Bonds: 95.52%
Other: 5.34%
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Top Holdings

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TickerNameWeight
-Mfs Institutional Money Market Portfolio2.82%
AL AUBHGR 5 06/01/20Auburn University2.16%
-Alabama Building Renovation Finance Authority Al Ser A 5.000 Aug 01 46 2046-08-012.06%
-Baldwin County Public Building Authority Al Warrants-Jail Project 4.375 Mar 01 461.73%
AL JEFUTL 5.5 10/01/Jefferson Cnty Al Swr Revenue 5.5 10-01-20531.50%
Top 10 Concentration: 17.50%Report Date: Jul 31, 2026
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Dividend Summary

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Dividend Yield (Current)
3.57%
Frequency
Monthly
Latest Distribution
$0.01
-

Peer Comparison

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

MLALX Mutual Fund Overview

MLALX Mutual Fund (MFS Alabama Municipal Bond Fund Class I) is managed by MFS Investment Management with $16.7M in net assets. MLALX expense ratio is 0.66%, holding 159 positions across sectors including Financials, Utilities, Real Estate. Inception date: 2016-04-01.

MLALX performance shows a YTD return of 0.30%. The 1-year return is 5.35% and the 5-year return is 0.23%. MLALX dividend yield stands at 3.57%, paid monthly.

MLALX top holdings include Mfs Institutional Money Market Portfolio (2.8%), Auburn University (2.2%), Alabama Building Renovation Finance Authority Al Ser A 5.000 Aug 01 46 2046-08-01 (2.1%), Baldwin County Public Building Authority Al Warrants-Jail Project 4.375 Mar 01 46 (1.7%), Jefferson Cnty Al Swr Revenue 5.5 10-01-2053 (1.5%). Go to all MLALX holdings, MLALX sectors, or MLALX dividends.

MLALX can be compared against other funds. Use MLALX overlap to find shared positions, or MLALX vs another fund for a side-by-side view. MLALX alternatives are available via the screener, along with tax-loss harvesting opportunities.