# Portfolio overlap — MNCLX vs MFSMX

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

- Shared positions: 58
- MFS North Carolina Municipal Bond Fund covered by MFS Maryland Municipal Bond Fund: 0.1209365882571652032327064268
- MFS Maryland Municipal Bond Fund covered by MFS North Carolina Municipal Bond Fund: 0.1209365882571652032327064267

## MFS North Carolina Municipal Bond Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| MFS Institutional Money Market Portfolio, Class A | 0.028978 | ✓ |
| University of North Carolina at Chapel Hill | 0.011813 |  |
| GTR ASHEVILLE REGL ARPT AUTH NC ARPT SYS REVENUE | 0.011056 |  |
| PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000 | 0.010913 | ✓ |
| Water and Sewer Authority of Cabarrus County, Series 2024 | 0.010263 |  |
| City of Charlotte Water & Sewer System, Series 2024 | 0.009479 |  |
| DALLAS-FORT WORTH TX INTERNATI REGD B/E AMT 5.25000000 | 0.009471 |  |
| UNIV OF NORTH CAROLINA NC AT CHAPEL HILL  REVENUE | 0.009466 |  |
| NC GRVUTL 5 09/01/2049 | 0.009455 |  |
| NORTH CAROLINA ST HSG FIN AGY REGD B/E GNMA/FN 5.00000000 | 0.009125 |  |
| Gastonia Housing Authority, Series 2026 | 0.009078 |  |
| North Carolina Turnpike Authority, Triangle Expressway System Revenue Bonds, Senior Lien Series 2024A | 0.009065 |  |
| NORTH CAROLINA ST CAPITAL FACS FIN AGY REVENUE | 0.009040 |  |
| North Carolina Housing Finance Agency, Series M TEMS 2024 | 0.008980 |  |
| NORTH CAROLINA ST HSG FIN AGY REGD B/E GNMA/FN 6.25000000 | 0.008896 |  |
| UNIV OF NORTH CAROLINA NC AT C UNCHGR 12/55 FIXED 5 | 0.008750 |  |
| NYC TRANSIT FIN-F-1 | 0.008581 |  |
| North Carolina (State of) Medical Care Commission (Rex Healthcare), Series 2020, RB | 0.008356 |  |
| Johnston County, North Carolina, Water and Sewer Revenue Bonds, Series 2023 | 0.008335 |  |
| Florida State Board of Governors, Series 2024A | 0.008333 |  |
| City of Charlotte NC Airport Revenue | 0.008333 |  |
| NORTH CAROLINA ST HSG FIN AGY REGD B/E GNMA/FN 5.50000000 | 0.008189 |  |
| NORTH CAROLINA ST MED CARE COMMISSION HLTH CARE FACS REVENUE | 0.007957 |  |
| NORTH CAROLINA ST CENTRL UNIV | 0.007816 |  |
| NORTH CAROLINA HSG FIN AGY HOM REGD B/E GNMA/FN 6.25000000 | 0.007767 |  |
| City of Greensboro | 0.007658 |  |
| City of Greensboro | 0.007610 |  |
| University of North Carolina at Charlotte (The) | 0.007421 |  |
| Raleigh Housing Authority, Series 2024A | 0.007381 |  |
| County of Mecklenburg, Series 2025B | 0.007146 |  |
| County of Mecklenburg, Series 2025 | 0.007062 |  |
| County of Guilford, Series 2025 | 0.007062 |  |
| Inlivian, Series BDS 2024 | 0.006872 |  |
| Johnston County, North Carolina, Water and Sewer Revenue Bonds, Series 2023 | 0.006869 |  |
| Western Carolina University, North Carolina, General Revenue Bonds, Series 2018 | 0.006816 |  |
| NORTH CAROLINA ST HSG FIN AGY REGD B/E 5.75000000 | 0.006473 |  |
| NORTH CAROLINA ST HSG FIN AGY REGD B/E GNMA/FN 6.25000000 | 0.006430 |  |
| Gastonia Housing Authority, Series BDS 2024A | 0.006320 |  |
| Alameda Corridor Transportation Authority, Series C | 0.006107 |  |
| NORTH CAROLINA ST CENTRL UNIV | 0.006001 |  |
| City of Charlotte NC | 0.005864 |  |
| Elizabeth City State University, North Carolina, General Revenue Bonds, Series 2019 | 0.005846 |  |
| North Carolina Housing Finance Agency, Series 60 | 0.005763 |  |
| Town of Holly Springs, Series 2026 | 0.005761 |  |
| City of Charlotte, Series 2025A | 0.005701 |  |
| CHARLOTTE-MECKLENBURG NC HOSP AUTH HLTH CARE SYS REVENUE | 0.005697 |  |
| Johnston County, North Carolina, Water and Sewer Revenue Bonds, Series 2024 | 0.005626 |  |
| North Carolina Turnpike Authority | 0.005606 |  |
| Appalachian State University, North Carolina, General Revenue Bonds, Millennial Campus End Zone Project, Series 2018 | 0.005575 |  |
| Charlotte-Mecklenburg Hospital Authority (The), Series 2016 A | 0.005446 |  |

## 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 `0002071691-26-011428` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/751656/000207169126011428/0002071691-26-011428-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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