# Portfolio overlap — MBMAX vs MFSMX

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

- Shared positions: 54
- MFS Massachusetts Municipal Bond Fund covered by MFS Maryland Municipal Bond Fund: 0.09386735669204304929064749133
- MFS Maryland Municipal Bond Fund covered by MFS Massachusetts Municipal Bond Fund: 0.09386735669204304929064749133

## MFS Massachusetts Municipal Bond Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| MFS Institutional Money Market Portfolio, Class A | 0.016774 | ✓ |
| MASSACHUSETTS ST DEV FIN AGY R REGD B/E 5.00000000 | 0.013654 |  |
| Commonwealth of Massachusetts Transportation Fund, Series 2025A | 0.012980 |  |
| MASSACHUSETTS ST DEV FIN AGY REVENUE | 0.012407 |  |
| MA CLEAN WTR TRUST-27 | 0.010486 |  |
| MBTA SLS TAX 5.25% 7/1/55 | 0.010384 |  |
| MASSACHUSETTS ST | 0.010329 |  |
| MASSACHUSETTS ST SCH BLDG AUTH SALES TAX REVENUE | 0.010284 |  |
| MASSACHUSETTS ST SCH BLDG AUTH SALES TAX REVENUE | 0.010241 |  |
| MA ST TRANS REV 5% 6/1/2053 | 0.010215 |  |
| Tri-County Regional Vocational Technical School District, Series CHAPTER 70B | 0.009643 |  |
| MASS DEVEL FIN 4% 10/1/2045 | 0.009112 |  |
| PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000 | 0.008951 | ✓ |
| MASSACHUSETTS ST DEV FIN AGY REVENUE | 0.008940 |  |
| MASSACHUSETTS ST PORT AUTH | 0.008907 |  |
| Massachusetts Development Finance Agency, Series 2025W | 0.008858 |  |
| Town of Tisbury | 0.008847 |  |
| Massachusetts Housing Finance Agency | 0.008698 |  |
| Massachusetts Bay Transportation Authority, Series 2025 B | 0.007968 |  |
| Massachusetts Educational Financing Authority | 0.007892 |  |
| WAKEFIELD MA REGD B/E 5.00000000 | 0.007816 |  |
| Massachusetts Development Finance Agency | 0.007760 |  |
| MASSACHUSETTS ST DEV FIN AGY REVENUE | 0.007740 |  |
| MA ST TRANS REV 5% 6/1/2049 | 0.007700 |  |
| MASS DEVEL FIN 5% 7/1/2048 | 0.007685 |  |
| MASSACHUSETTS ST PORT AUTH REGD B/E AMT 5.00000000 | 0.007585 |  |
| MASSACHUSETTS ST | 0.007574 |  |
| MASSACHUSETTS ST PORT AUTH | 0.007555 |  |
| MASSACHUSETTS ST TRANSPRTN FUND REVENUE | 0.007549 |  |
| MASSACHUSETTS ST DEV FIN AGY R REGD B/E 5.50000000 | 0.007542 |  |
| MASSACHUSETTS ST DEV FIN AGY R REGD B/E 5.00000000 | 0.007516 |  |
| Massachusetts Housing Finance Agency | 0.007501 |  |
| Massachusetts Port Authority, Revenue Bonds, Refunding Series 2017A | 0.007470 |  |
| Massachusetts (Commonwealth of), Series 2024 E, GO Bonds | 0.007456 |  |
| Massachusetts Housing Finance Agency, Series 2013B | 0.007423 |  |
| Massachusetts Housing Finance Agency, Series 249 | 0.007379 |  |
| S E ENERGY COOP DT | 0.007237 |  |
| MA ST DEV FIN -J2 | 0.007146 |  |
| Nashoba Regional School District | 0.007130 |  |
| Commonwealth of Massachusetts Transportation Fund Revenue | 0.007074 |  |
| Massachusetts Development Finance Agency 4.00% 07/01/2039 | 0.007048 |  |
| MASSACHUSETTS ST PORT AUTH | 0.007009 |  |
| Town of Hingham, Series 2025 | 0.006960 |  |
| NEW BEDFORD MA | 0.006858 |  |
| MASSACHUSETTS ST DEV FIN AGY REVENUE | 0.006853 |  |
| MASSACHUSETTS ST DEV FIN AGY REVENUE | 0.006732 |  |
| MA ST DEV FIN AGY-N | 0.006704 |  |
| Massachusetts Housing Finance Agency, Single Family Housing Revenue Bonds, Social Series 2024-234 | 0.006693 |  |
| Massachusetts Development Finance Agency | 0.006494 |  |
| CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.006149 |  |

## 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 `0002071691-26-011422` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/751656/000207169126011422/0002071691-26-011422-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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