MFWVX

About MFWVX

MFS West Virginia Municipal Bond Fund Class A is an open-end mutual fund focused on generating income that is exempt from both federal and West Virginia state income taxes. It primarily invests in a diversified portfolio of municipal bonds issued by state and local governments or agencies within West Virginia. The fund’s strategy emphasizes total return, balancing tax-advantaged income with potential for capital appreciation, and utilizes sector and security selection as well as yield curve analysis for performance. Its holdings support infrastructure, education, healthcare, and development projects within the state, making it an important conduit for public sector financing. The fund’s portfolio is composed overwhelmingly of municipal securities, aligning with its goal of double tax-free income for in-state residents. Managed by MFS since its inception in 1984, this fund plays a specialized role in the municipal bond market by catering to investors seeking state-specific, tax-exempt income while contributing to the local economy through support of essential projects.