MLALX Mutual Fund

MLALX Mutual Fund

NAV$8.82
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Fund Essentials - as of Mar 31, 2026

Net Assets
$18M
Expense Ratio
0.66%
Dividend Yield (Current)
3.23%
Holdings
156
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+0.68%
1 Year+6.68%
3 Year+3.45%
5 Year+0.23%
10 Year+1.81%

Asset Allocation

Bonds: 97.68%
Cash: 2.32%
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Top Holdings

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TickerNameWeight
-Mfs Institutional Money Market Portfolio2.30%
AL AUBHGR 5 06/01/20Auburn University2.15%
-Baldwin County Public Building Authority1.69%
-Irondale Public Building Authority, Series 2024 5 2044-10-011.49%
AL JEFUTL 5.5 10/01/Jefferson Cnty Al Swr Revenue 5.5 10-01-20531.47%
Top 10 Concentration: 16.25%Report Date: Mar 31, 2026
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Dividend Summary

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Dividend Yield (Current)
3.23%
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 $17.9M in net assets. MLALX expense ratio is 0.66%, holding 156 positions across sectors including Financials, Utilities, Consumer Discretionary. Inception date: 2016-04-01.

MLALX performance shows a YTD return of 0.68%. The 1-year return is 6.68% and the 5-year return is 0.23%. MLALX dividend yield stands at 3.23%, paid monthly.

MLALX top holdings include Mfs Institutional Money Market Portfolio (2.3%), Auburn University (2.1%), Baldwin County Public Building Authority (1.7%), Irondale Public Building Authority, Series 2024 5 2044-10-01 (1.5%), 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.