# Portfolio overlap — MBGAX vs MFSMX

Comparing **MFS Georgia Municipal Bond Fund** (2026-03-31) and **MFS Maryland Municipal Bond Fund** (2026-03-31).

- Shared positions: 49
- MFS Georgia Municipal Bond Fund covered by MFS Maryland Municipal Bond Fund: 0.1018069513363717830789731269
- MFS Maryland Municipal Bond Fund covered by MFS Georgia Municipal Bond Fund: 0.1018069513363717830789731269

## MFS Georgia Municipal Bond Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| MFS Institutional Money Market Portfolio, Class A | 0.045831 | ✓ |
| Georgia Housing & Finance Authority | 0.011151 |  |
| Atlanta Urban Residential Finance Authority, Series 2025 A | 0.008894 |  |
| Metropolitan Atlanta Rapid Transit Authority, Sales Tax, Series 2023A | 0.008742 |  |
| Cobb-Marietta Coliseum & Exhibit Hall Authority, Series 2025, RB | 0.008603 |  |
| Columbia County Hospital Authority, Series A | 0.008529 |  |
| Rome Building Authority, Series 2023 | 0.008523 |  |
| MUNI ELEC AUTH OF GEORGIA REGD B/E 5.00000000 | 0.008492 |  |
| Rome Building Authority, Series 2023 | 0.008469 |  |
| Metropolitan Atlanta Rapid Transit Authority, Series 2025A | 0.008469 |  |
| Griffin Housing Authority, Series 2025 A | 0.008425 |  |
| Main Street Natural Gas, Inc., Series 2025B | 0.008388 |  |
| Douglas County Housing Authority, Series 2025A | 0.008342 |  |
| City of Cartersville, Series 2026 | 0.008327 |  |
| City of Atlanta, Series 2024B | 0.008313 |  |
| SPRINGFIELD GA WTR & SWR REVENUE | 0.008307 |  |
| Atlanta Urban Residential Finance Authority, Series 2024A | 0.008301 |  |
| CARTERSVILLE GA WTR & SWR REVENUE | 0.008298 |  |
| Upper Oconee Basin Water Authority, Series 2024 | 0.008295 |  |
| Jefferson Public Building Authority, Series 2025 | 0.008286 |  |
| City of Columbus, Series 2026 | 0.008278 |  |
| Albany-Dougherty County Hospital Authority | 0.008277 |  |
| Development Authority for Fulton County, Series 2026 | 0.008265 |  |
| Savannah Economic Development Authority, Georgia, Revenue Bonds, Forsyth Park Parking Project, Series 2026A | 0.008243 |  |
| GRIFFIN GA COMB PUBLIC UTILITY REVENUE | 0.008225 |  |
| MUNI ELEC AUTH OF GA | 0.008222 |  |
| George L. Smith II GA World Congress Center Auth. Rev. (Convention Center Hotel) A | 0.008221 |  |
| Columbia County Hospital Authority, Wellstart Health System Inc., Project, Series 2023A | 0.008213 |  |
| Coweta County Water & Sewage Authority, Series 2024, RB | 0.008207 |  |
| Classic Center Authority for Clarke County, Series 2023A | 0.008196 |  |
| PRIV CLGS & UNIVS AUTH GA | 0.008194 |  |
| Macon Water Authority, Series 2024, RB | 0.008186 |  |
| MUNI ELEC AUTH OF GA | 0.008174 |  |
| DEKALB GA W+S 5% 10/1/2052 | 0.008173 |  |
| Walton County Water & Sewer Authority | 0.008172 |  |
| CITY OF ATLANTA GA DEPARTMENT OF AVIATION | 0.008133 |  |
| Rockdale County Public Facilities Authority, Series 2024 | 0.008130 |  |
| GEORGIA ST HSG & FIN AUTH REVENUE | 0.008128 |  |
| DEVELOPMENT AUTHORITY FOR FULTON COUNTY | 0.008126 |  |
| NORTH GEORGIA MAC LLC 5.0% 07-01-36 | 0.008115 |  |
| Gwinnett (County of), GA Development Authority, Series 2017, Ref. RB | 0.008096 |  |
| Development Authority for Fulton County | 0.008081 |  |
| MUNI ELEC AUTH OF GA REGD B/E AG 5.00000000 | 0.008077 |  |
| GNSVLL and HLL GA 5% 2/15/2042 | 0.008052 |  |
| Municipal Gas Authority of Georgia, Series 2025 | 0.008050 |  |
| DEKALB HSG AUTH-A-REV | 0.008040 |  |
| Henry County Water Authority, Series 2025 | 0.008037 |  |
| UNITED STATES SOCCER FEDERATION INC 5.25% 10-01-54 | 0.008019 |  |
| SAVANNAH GEORGIA CONVENTION CTR AUTH GA CONVENTION CTR HOTEL | 0.008007 |  |
| City of Atlanta | 0.007998 |  |

## MFS Maryland Municipal Bond Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| MFS Institutional Money Market Portfolio, Class A | 0.032878 | ✓ |
| MARYLAND ST ECON DEV CORP LEASE REVENUE | 0.013277 |  |
| Maryland Economic Development Corp., Series 2024 | 0.012570 |  |
| Montgomery (County of), MD, Series 2017, GO Bonds | 0.012208 |  |
| MARYLAND ST STD 5% 5/1/2035 | 0.011470 |  |
| PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000 | 0.011098 | ✓ |
| County of Prince George's, Series 2025 A | 0.010330 |  |
| Washington Metropolitan Area Transit Authority Dedicated | 0.010326 |  |
| Maryland Stadium Authority, Series 2024 | 0.010099 |  |
| County of Anne Arundel, Series 2025 | 0.010040 |  |
| MD HLTH & HGR EDL-A | 0.010035 |  |
| Maryland Health & Higher Educational Facilities Authority | 0.009986 |  |
| PRINCE GEO COP 5% 10/1/48 | 0.009796 |  |
| Maryland Community Development Administration, Series 2025 F-1 | 0.009679 |  |
| MARYLAND STADIUM AUTHORITY | 0.009589 |  |
| WASHINGTON SUBURBAN SANITARY COMMISSION | 0.009393 |  |
| COUNTY OF BALTIMORE MD | 0.009367 |  |
| County of Howard | 0.009150 |  |
| MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE | 0.009039 |  |
| Maryland Health & Higher Educational Facilities Authority, Series 2004 | 0.008971 |  |
| County of Anne Arundel, Series 2023 | 0.008952 |  |
| City of Baltimore, Series 2019 A | 0.008944 |  |
| Maryland Community Development Administration Department of Housing and Community Development, Residential Revenue Bonds, Taxable Series 2019D | 0.008944 |  |
| MARYLAND ST STA 4% 6/1/2046 | 0.008446 |  |
| MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY | 0.008276 |  |
| Maryland Health & Higher Educational Facilities Authority | 0.008100 |  |
| MONTGOMERY CNTY MD REVENUE REGD B/E 5.00000000 | 0.007969 |  |
| Maryland Community Development Administration Local Government Infrastructure | 0.007904 |  |
| MD CMNTY DEV-D-1 | 0.007651 |  |
| Washington Metropolitan Area Transit Authority, Series 2018, RB | 0.007425 |  |
| MD HEFA 4% 7/1/2048 | 0.007121 |  |
| County of Montgomery | 0.007114 |  |
| MD CMNTY DEPT ADMIN-B | 0.007054 |  |
| Maryland Health & Higher Educational Facilities Authority | 0.007032 |  |
| CALIFORNIA COMMUNITY VAR | 0.006952 |  |
| MD TRANSPRTN-A-REF | 0.006941 |  |
| Montgomery County Housing Opportunities Commission, Series 2023 C | 0.006918 |  |
| Maryland Department of Housing & Community Development, Series 2024 E | 0.006917 |  |
| MD ECON DEV CORP-A | 0.006890 |  |
| County of Prince George's | 0.006685 |  |
| MARYLAND ST ECON DEV CORP AIR CARGO REVENUE | 0.006683 |  |
| Washington Metropolitan Area Transit Authority, Series 2025, RB | 0.006673 |  |
| Maryland Stadium Authority Sports Entertainment Facilities Revenue, Series 2023 A | 0.006646 |  |
| State of Maryland Department of Transportation, Series 2024 A | 0.006637 |  |
| MARYLAND ST HLTH & HGR EDUCTNL MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AU | 0.006626 | ✓ |
| MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE | 0.006592 |  |
| Maryland Department of Housing & Community Development, Series 2025 D | 0.006580 |  |
| State of Maryland Department of Transportation, Series 2024 A | 0.006577 |  |
| MARYLAND ST STA 4% 6/1/2036 | 0.006569 |  |
| Montgomery County Housing Opportunities Commission, Series 2025A | 0.006561 |  |


## Sources

- N-PORT (fund A) — accession `0002071691-26-011437` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/751656/000207169126011437/0002071691-26-011437-index.htm>
- N-PORT (fund B) — accession `0002071691-26-011429` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/751656/000207169126011429/0002071691-26-011429-index.htm>

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