MFS Massachusetts Municipal Bond Fund R6 Shares is an open-end municipal bond mutual fund focused on generating income that is generally exempt from federal and Massachusetts state income taxes by investing primarily in Massachusetts-issued municipal securities. The portfolio is largely composed of municipal bonds, with minimal allocations to cash and no equity exposure, reflecting its income-oriented, fixed-income mandate. The fund is benchmarked to the Bloomberg Municipal Bond Index, providing investors with a reference for tax-exempt market performance across interest rate cycles. Class R6 shares are designed for eligible retirement platforms and other institutional channels and are offered without sales charges, emphasizing cost efficiency for long-term allocation needs. Recent portfolio data indicate broad exposure across Massachusetts revenue and general obligation issuers, including transportation, housing finance, and education-related authorities, highlighting diversified credit sources within the state. The fund’s structure, professional management under MFS, and monthly income distribution cadence position it as a specialized tool for investors seeking tax-advantaged income tied to Massachusetts municipal credit markets.
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