MFSCX Fees and Costs — MFS South Carolina Municipal Bond Fund, Class A
Data updated: 2026-08-25
The net expense ratio is 0.86%: a 0.45% management fee, a 0.25% 12b-1 fee plus 0.22% other expenses, less a 0.06% fee waiver. This share class carries a maximum front-end sales load of 4.25% and a deferred sales charge of up to 1.00%. Portfolio turnover was 21%.
MFSCX Fees and Expenses
Annual operating expenses and sales charges of MFSCX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.22% |
| Gross expense ratio | 0.92% |
| Fee waiver | −0.06% |
| Net expense ratio | 0.86% |
| Sales charges | |
|---|---|
| Max front load | 4.25% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
MFSCX Costs Over Time
On $10,000 invested in MFSCX, assuming 5% a year before costs, total costs come to $1,059 over 5 years, cutting the return by 1.80% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $525 | $425 | $425 |
| Fund expenses (net expense ratio 0.86%) | $86 | $270 | $469 |
| Lost growth on money paid in costs | $21 | $80 | $165 |
| Total costs | $632 | $776 | $1,059 |
| Value after costs | $9,868 | $10,801 | $11,704 |
| Impact on return, per year | 6.32% | 2.40% | 1.80% |
MFSCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $96.1M
- Portfolio turnover (prospectus): 21%
- Securities lending: none during the year
MFSCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $18.8M | 29.52% |
| Wells Fargo Securities, LLC | $8.6M | 13.54% |
| Morgan Stanley & Co. LLC | $6.6M | 10.36% |
| TD SECURITIES (USA) LLC | $5.9M | 9.31% |
| Stifel, Nicolaus & Company, Incorporated | $5.3M | 8.30% |
| Hilltop Securities Inc. | $4.1M | 6.47% |
| ROBERT W. BAIRD & CO. INCORPORATED | $3.9M | 6.06% |
| PNC Capital Markets LLC | $3.8M | 5.93% |
| First Horizon Advisors, Inc. | $3.4M | 5.27% |
| RBC Capital Markets, LLC | $3.3M | 5.25% |
MFS South Carolina Municipal Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MPOCX | Class R6 | 0.55% | none |
| MTSCX | Class I | 0.61% | none |
| MFSCX | Class A | 0.86% | 4.25% |
| MBSCX | Class B | 1.61% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.