MPVOX Fees and Costs — MFS Virginia Municipal Bond Fund, Class R6
Data updated: 2026-08-25
The net expense ratio is 0.51%: a 0.45% management fee plus 0.13% other expenses, less a 0.07% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 9%.
MPVOX Fees and Expenses
Annual operating expenses and sales charges of MPVOX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.13% |
| Gross expense ratio | 0.58% |
| Fee waiver | −0.07% |
| Net expense ratio | 0.51% |
| 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 |
MPVOX Costs Over Time
On $10,000 invested in MPVOX, assuming 5% a year before costs, total costs come to $322 over 5 years, cutting the return by 0.54% 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 0.51%) | $54 | $168 | $293 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $54 | $176 | $322 |
| Value after costs | $10,446 | $11,400 | $12,441 |
| Impact on return, per year | 0.54% | 0.54% | 0.54% |
MPVOX 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): $50.6M
- Portfolio turnover (prospectus): 9%
- Securities lending: none during the year
MPVOX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $10.0M | 21.47% |
| Morgan Stanley & Co. LLC | $7.7M | 16.66% |
| Truist Securities, Inc. | $6.5M | 14.03% |
| ICE Securities Execution & Clearing, LLC | $5.6M | 11.97% |
| RBC Capital Markets, LLC | $4.9M | 10.62% |
| Loop Capital Markets LLC | $3.1M | 6.76% |
| J.P. Morgan Securities LLC | $2.7M | 5.90% |
| Jefferies LLC | $2.4M | 5.19% |
| UBS Securities LLC | $2.1M | 4.55% |
| Deutsche Bank Securities Inc. | $1.3M | 2.85% |
MFS Virginia 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 |
|---|---|---|---|
| MPVOX | Class R6 | 0.51% | none |
| MIVAX | Class I | 0.58% | none |
| MSVAX | Class A | 0.83% | 4.25% |
| MBVAX | Class B | 1.58% | none |
| MVACX | Class C | 1.58% | 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.