MWVIX Fees and Costs — MFS West Virginia Municipal Bond Fund, Class I
Data updated: 2026-08-25
The net expense ratio is 0.62%: a 0.45% management fee plus 0.35% other expenses, less a 0.18% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 12%.
MWVIX Fees and Expenses
Annual operating expenses and sales charges of MWVIX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.35% |
| Gross expense ratio | 0.80% |
| Fee waiver | −0.18% |
| Net expense ratio | 0.62% |
| 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 |
MWVIX Costs Over Time
On $10,000 invested in MWVIX, assuming 5% a year before costs, total costs come to $391 over 5 years, cutting the return by 0.65% 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 0.62%) | $65 | $204 | $355 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $65 | $214 | $391 |
| Value after costs | $10,435 | $11,362 | $12,372 |
| Impact on return, per year | 0.65% | 0.65% | 0.65% |
MWVIX 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): $25.0M
- Portfolio turnover (prospectus): 12%
- Securities lending: none during the year
MWVIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Piper Sandler & Co. | $3.1M | 15.39% |
| ICE Securities Execution & Clearing, LLC | $2.8M | 13.95% |
| Morgan Stanley & Co. LLC | $2.8M | 13.70% |
| Carty & Company, Inc. | $2.4M | 11.64% |
| RBC Capital Markets, LLC | $2.1M | 10.15% |
| Wells Fargo Securities, LLC | $1.9M | 9.48% |
| Duncan-Williams, Inc. | $1.5M | 7.38% |
| Raymond James & Associates, Inc. | $1.3M | 6.29% |
| Tradeweb Direct LLC | $1.3M | 6.26% |
| Barclays Capital, Inc. | $1.2M | 5.75% |
MFS West 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 |
|---|---|---|---|
| MPWVX | Class R6 | 0.55% | none |
| MWVIX | Class I | 0.62% | none |
| MFWVX | Class A | 0.87% | 4.25% |
| MBWVX | Class B | 1.62% | 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.