MSNYX Fees and Costs — MFS New York Municipal Bond Fund, Class A
Data updated: 2026-08-25
The net expense ratio is 0.83%: a 0.45% management fee, a 0.25% 12b-1 fee plus 0.26% other expenses, less a 0.13% 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 15%.
MSNYX Fees and Expenses
Annual operating expenses and sales charges of MSNYX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.26% |
| Gross expense ratio | 0.96% |
| Fee waiver | −0.13% |
| Net expense ratio | 0.83% |
| 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 |
MSNYX Costs Over Time
On $10,000 invested in MSNYX, assuming 5% a year before costs, total costs come to $1,041 over 5 years, cutting the return by 1.77% 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 0.83%) | $83 | $261 | $453 |
| Lost growth on money paid in costs | $21 | $80 | $163 |
| Total costs | $629 | $766 | $1,041 |
| Value after costs | $9,871 | $10,811 | $11,722 |
| Impact on return, per year | 6.29% | 2.37% | 1.77% |
MSNYX 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): $59.1M
- Portfolio turnover (prospectus): 15%
- Securities lending: none during the year
MSNYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $7.6M | 17.00% |
| BofA Securities, Inc. | $6.2M | 13.98% |
| RBC Capital Markets, LLC | $5.4M | 12.11% |
| Keybanc Capital Markets Inc. | $5.3M | 11.82% |
| J.P. Morgan Securities LLC | $5.2M | 11.69% |
| Loop Capital Markets LLC | $3.7M | 8.21% |
| Raymond James & Associates, Inc. | $3.5M | 7.96% |
| Goldman Sachs & Co. LLC | $2.6M | 5.78% |
| Barclays Capital, Inc. | $2.6M | 5.75% |
| Morgan Stanley & Co. LLC | $2.5M | 5.71% |
MFS New York 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 |
|---|---|---|---|
| MPNYX | Class R6 | 0.52% | none |
| MNYLX | Class I | 0.58% | none |
| MSNYX | Class A | 0.83% | 4.25% |
| MBNYX | Class B | 1.58% | none |
| MCNYX | 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.