MIVAX Performance — MFS Virginia Municipal Bond Fund, Class I
Data updated: 2026-08-25
MIVAX returned +2.52% year to date and +7.76% over one year to Jun 2026. Annualised returns are +3.92% over 3 years and +0.85% over 5 years. Against its Long-Term Municipal Bond category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $112, against $112 for the category, and to $108 over one year, against $108. Volatility over the past three years was 6.69% a year. In the 12 months to Jun 2026 the fund lost a net $7.8M, and assets reached $348.07M.
MIVAX Growth of $100
What $100 invested in MFS Virginia Municipal Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Municipal Bond category average over the same months.
| Period | MIVAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $108 | $108 |
| 3 years (Jul 2023 – Jun 2026) | $112 | $112 |
| 5 years (Jul 2021 – Jun 2026) | $104 | $103 |
| Since data start (Jul 2019 – Jun 2026) | $113 | $113 |
MIVAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +2.52% |
| 1 year | +7.76% |
| 3 years (annualised) | +3.92% |
| 5 years (annualised) | +0.85% |
MIVAX Annual Returns
Calendar-year total returns of MFS Virginia Municipal Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +2.52% |
| 2025 | +3.43% |
| 2024 | +2.18% |
| 2023 | +6.10% |
| 2022 | −9.65% |
| 2021 | +2.03% |
| 2020 | +4.70% |
| 2019 (Jul–Dec) | +2.20% |
MIVAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.4% | +1.5% | −2.4% | +1.4% | +0.6% | +1.0% | — | — | — | — | — | — |
| 2025 | +0.2% | +1.1% | −2.1% | −0.7% | −0.9% | +0.8% | −0.9% | +0.9% | +3.5% | +1.3% | +0.2% | +0.1% |
| 2024 | −0.2% | 0.0% | −0.1% | −1.1% | +0.1% | +1.9% | +0.7% | +0.7% | +1.1% | −1.4% | +1.8% | −1.5% |
| 2023 | +3.5% | −3.0% | +2.1% | +0.1% | −1.0% | +0.7% | +0.3% | −1.6% | −3.4% | −2.0% | +7.7% | +2.9% |
| 2022 | −2.4% | −0.5% | −2.8% | −3.0% | +1.3% | −2.3% | +2.8% | −2.7% | −4.3% | −0.9% | +5.5% | −0.3% |
| 2021 | +0.6% | −1.4% | +0.5% | +0.8% | +0.6% | +0.4% | +0.7% | −0.3% | −0.8% | −0.2% | +0.9% | +0.2% |
| 2020 | +1.8% | +1.2% | −4.6% | −1.7% | +3.2% | +1.4% | +1.6% | −0.2% | −0.1% | −0.2% | +1.7% | +0.7% |
| 2019 | — | — | — | — | — | — | +0.6% | +1.6% | −0.4% | 0.0% | +0.1% | +0.3% |
MIVAX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 6.69%
- 3-year Sharpe ratio: -0.09 (vs 4.5% risk-free rate)
- Best month: +7.73% (Nov 2023)
- Worst month: −3.42% (Sep 2023)
MIVAX Fund Flows
Monthly money in and out of MFS Virginia Municipal Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$7.8M
- 12-month gross sales (incl. reinvestments): $95.1M
- Sales ÷ redemptions: 0.92×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $7.7M | $8.1M | −$363K |
| May 2026 | $6.1M | $5.6M | $534K |
| Apr 2026 | $4.0M | $8.5M | −$4.4M |
| Mar 2026 | $6.1M | $8.1M | −$2.1M |
| Feb 2026 | $5.8M | $3.4M | $2.4M |
| Jan 2026 | $4.7M | $5.0M | −$242K |
| Dec 2025 | $5.2M | $16.2M | −$10.9M |
| Nov 2025 | $6.9M | $5.0M | $1.8M |
| Oct 2025 | $7.0M | $8.2M | −$1.2M |
| Sep 2025 | $23.6M | $13.9M | $9.7M |
| Aug 2025 | $8.0M | $12.6M | −$4.7M |
| Jul 2025 | $10.0M | $8.4M | $1.6M |
MIVAX Assets Under Management
Net assets of MFS Virginia Municipal Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $348.07M |
| 2026-03-31 | $344.82M |
| 2025-12-31 | $349.48M |
| 2025-09-30 | $357.51M |
| 2025-06-30 | $342.08M |
| 2025-03-31 | $346.14M |
| 2024-12-31 | $353.34M |
| 2024-09-30 | $357.52M |
| 2024-06-30 | $351.01M |
| 2024-03-31 | $357.42M |
| 2023-12-31 | $358.49M |
| 2023-09-30 | $338.70M |
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.