MPOCX

About MPOCX

MFS South Carolina Municipal Bond Fund Class R6 is a mutual fund tailored to provide investors with income that is exempt from both federal and South Carolina state income tax. This fund primarily invests at least 80% of its net assets in municipal bonds and related securities issued by or on behalf of the state of South Carolina and its municipalities, as well as select other states, with the intent to generate tax-advantaged income. Emphasizing a combination of income generation and preservation of capital, the fund utilizes in-depth sector and security selection, along with yield curve analysis, to manage its portfolio. Notable features include its monthly dividend distributions and a low-expense share class structure designed for retirement plans and institutional investors. With a diversified portfolio that typically holds over 200 bonds, the fund plays a key role in the municipal bond market by supporting public financing efforts for infrastructure, education, and essential community services within South Carolina. It is particularly relevant for residents seeking double tax-free income and fixed income exposure tied closely to the state’s fiscal environment.