MFS North Carolina Municipal Bond Fund (MSNCX) belongs to the Municipal Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MSNCX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MSNCX
MSNCX charges 0.84% annually. There are 411 mutual funds in the Municipal Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | — | Dec 2015 | MSNCX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | MSNCX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | MSNCX vs FHMIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | MSNCX vs VTMFX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | MSNCX vs FSMUX |
Best Risk-Adjusted Alternatives to MSNCX
MSNCX has a PortfoliosLab risk / return rank of 78. There are 218 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 100 | — | Aug 2002 | MSNCX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | MSNCX vs DFABX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | MSNCX vs ATOIX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | MSNCX vs DNYMX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | — | Apr 2016 | MSNCX vs TFCYX |
Top Performing MSNCX Alternatives (YTD)
MSNCX is at 2.97% YTD. There are 62 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 13.08%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 13.08% | — | Apr 1998 | MSNCX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 10.83% | — | Nov 2002 | MSNCX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 9.24% | — | Nov 2001 | MSNCX vs AFB | |
| Nuveen Virginia Quality Municipal Income Fund | 7.64% | — | Mar 1993 | MSNCX vs NPV | |
| BlackRock MuniHoldings California Quality Fund | 7.01% | — | Feb 1998 | MSNCX vs MUC |
Lowest Volatility Alternatives to MSNCX
MSNCX has 3.18% 1-year volatility. There are 384 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.56% | — | Apr 2022 | MSNCX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.57% | — | Apr 2007 | MSNCX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | MSNCX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.60% | — | May 2016 | MSNCX vs USMTX | |
| DFA Short Term Municipal Bond Portfolio | 0.60% | — | Aug 2002 | MSNCX vs DFSMX |
Lowest Drawdown Alternatives to MSNCX
MSNCX has a 1-year max drawdown of -3.10%. There are 370 mutual funds in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | — | May 2021 | MSNCX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | MSNCX vs ATOIX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | MSNCX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | MSNCX vs TFCYX | |
| DFA Short-Term Selective State Municipal Bond Port... | -0.11% | — | Apr 2022 | MSNCX vs DFABX |
Other Mutual Funds from MFS
The 10 most viewed MFS mutual funds shown here include MIEIX, MEIKX, MEIIX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MFS International Equity Fund Class R6 | Foreign Large Cap Equities | 10 | 3.23% | — | Jan 1996 | MSNCX vs MIEIX | |
| MFS Value Fund | Large Cap Value Equities | 33 | 7.14% | — | May 2006 | MSNCX vs MEIKX | |
| MFS Value Fund Class I | Large Cap Value Equities | 33 | 7.08% | — | Feb 1996 | MSNCX vs MEIIX | |
| MFS International Diversification Fund | Foreign Large Cap Equities | 33 | 8.90% | — | Sep 2004 | MSNCX vs MDIJX | |
| MFS Massachusetts Investors Growth Stock Fund | Large Cap Growth Equities | 5 | -3.13% | — | Jan 1935 | MSNCX vs MIGFX | |
| MFS Growth R6 | Large Cap Growth Equities | 8 | 4.19% | — | Jun 2012 | MSNCX vs MFEKX | |
| MFS Growth I | Large Cap Growth Equities | 8 | 4.14% | — | Jul 1997 | MSNCX vs MFEIX | |
| MFS International Intrinsic Value Fund Class I | Large Cap Growth Equities, Foreign Large Cap Equities | 23 | 5.04% | — | — | MSNCX vs MINIX | |
| MFS Value Fund | Large Cap Value Equities | 32 | 6.95% | — | Jan 1996 | MSNCX vs MEIAX | |
| MFS Massachusetts Investors Trust | Large Cap Blend Equities | 29 | 6.70% | — | Jul 1924 | MSNCX vs MITTX |
Often Compared With MSNCX
Investors most often compare MSNCX with APUSX, FXIEX, MIY. These 4 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Cavanal Hill Ultra Short Tax-Free Income Fund | Municipal Bonds | 0 | -9.63% | — | Dec 2017 | MSNCX vs APUSX | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 85 | 2.63% | — | Jun 2012 | MSNCX vs FXIEX | |
| BlackRock MuniYield Michigan Quality Fund | Municipal Bonds | 33 | 6.66% | — | Oct 1992 | MSNCX vs MIY | |
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 62 | 6.22% | — | Mar 1998 | MSNCX vs MUJ |
Compare MSNCX with Any Fund or Stock
Compare MSNCX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MSNCX with funds that move differently
MFS North Carolina Municipal Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MSNCX.
Explore MSNCX Diversifiers