MMDIX Fees and Costs — MFS Maryland Municipal Bond Fund, Class I
Data updated: 2026-08-25
The net expense ratio is 0.61%: a 0.45% management fee plus 0.30% other expenses, less a 0.14% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 9%.
MMDIX Fees and Expenses
Annual operating expenses and sales charges of MMDIX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.30% |
| Gross expense ratio | 0.75% |
| Fee waiver | −0.14% |
| Net expense ratio | 0.61% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
MMDIX Costs Over Time
On $10,000 invested in MMDIX, assuming 5% a year before costs, total costs come to $385 over 5 years, cutting the return by 0.64% 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 |
| Fund expenses (net expense ratio 0.61%) | $64 | $201 | $349 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $64 | $211 | $385 |
| Value after costs | $10,436 | $11,366 | $12,378 |
| Impact on return, per year | 0.64% | 0.64% | 0.64% |
MMDIX 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): $35.5M
- Portfolio turnover (prospectus): 9%
- Securities lending: none during the year
MMDIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $7.0M | 21.79% |
| J.P. Morgan Securities LLC | $6.6M | 20.57% |
| RBC Capital Markets, LLC | $3.9M | 12.08% |
| Morgan Stanley & Co. LLC | $3.4M | 10.43% |
| Jefferies LLC | $3.2M | 10.01% |
| Wells Fargo Securities, LLC | $2.9M | 9.09% |
| Truist Securities, Inc. | $2.0M | 6.19% |
| Barclays Capital, Inc. | $1.3M | 3.89% |
| PNC Capital Markets LLC | $1.0M | 3.10% |
| Mesirow Financial, Inc. | $922K | 2.86% |
MFS Maryland 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 |
|---|---|---|---|
| MPMDX | Class R6 | 0.56% | none |
| MMDIX | Class I | 0.61% | none |
| MFSMX | Class A | 0.86% | 4.25% |
| MBMDX | 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.