0001752724-20-117355.txt : 20200612 0001752724-20-117355.hdr.sgml : 20200612 20200612094036 ACCESSION NUMBER: 0001752724-20-117355 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200331 FILED AS OF DATE: 20200612 DATE AS OF CHANGE: 20200612 EFFECTIVENESS DATE: 20200612 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MFS MUNICIPAL SERIES TRUST CENTRAL INDEX KEY: 0000751656 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-04096 FILM NUMBER: 20959112 BUSINESS ADDRESS: STREET 1: 111 HUNTINGTON AVENUE STREET 2: 24TH FLOOR CITY: BOSTON STATE: MA ZIP: 02199 BUSINESS PHONE: 18006372929 MAIL ADDRESS: STREET 1: 111 HUNTINGTON AVENUE STREET 2: 24TH FLOOR CITY: BOSTON STATE: MA ZIP: 02199 FORMER COMPANY: FORMER CONFORMED NAME: MFS MANAGED MULTI STATE MUNICIPAL BOND TRUST DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: MFS MANAGED MULTI STATE TAX EXEMPT TRUST DATE OF NAME CHANGE: 19890410 0000751656 S000002521 MFS Alabama Municipal Bond Fund C000006957 A MFALX C000006958 B MBABX C000169758 I MLALX C000194226 R6 MPOLX C000194227 T 0000751656 S000002522 MFS New York Municipal Bond Fund C000006959 A MSNYX C000006960 B MBNYX C000006961 C MCNYX C000169759 I MNYLX C000194228 R6 MPNYX C000194229 T 0000751656 S000002523 MFS North Carolina Municipal Bond Fund C000006962 A MSNCX C000006963 B MBNCX C000006964 C MCNCX C000169760 I MNCLX C000194230 R6 MPNCX C000194231 T 0000751656 S000002524 MFS Pennsylvania Municipal Bond Fund C000006965 A MFPAX C000006966 B MBPAX C000169761 I MPALX C000194232 R6 MPPAX C000194233 T 0000751656 S000002525 MFS South Carolina Municipal Bond Fund C000006967 A MFSCX C000006968 B MBSCX C000169762 I MTSCX C000194234 R6 MPOCX C000194235 T 0000751656 S000002526 MFS Tennessee Municipal Bond Fund C000006969 A MSTNX C000006970 B MBTNX C000169763 I MTNLX C000194236 R6 MPONX C000194237 T 0000751656 S000002527 MFS Virginia Municipal Bond Fund C000006971 A MSVAX C000006972 B MBVAX C000006973 C MVACX C000169764 I MIVAX C000194238 R6 MPVOX C000194239 T 0000751656 S000002528 MFS West Virginia Municipal Bond Fund C000006974 A MFWVX C000006975 B MBWVX C000169765 I MWVIX C000194240 R6 MPWVX C000194241 T 0000751656 S000002529 MFS Arkansas Municipal Bond Fund C000006976 A MFARX C000006977 B MBARX C000169766 I MARLX C000194242 R6 MPRAX C000194243 T 0000751656 S000002530 MFS California Municipal Bond Fund C000006978 A MCFTX C000006979 B MBCAX C000006980 C MCCAX C000169767 I MCAVX C000194244 R6 MPOAX C000194245 T 0000751656 S000002532 MFS Georgia Municipal Bond Fund C000006983 A MMGAX C000006984 B MBGAX C000169768 I MGATX C000194246 R6 MPGOX C000194247 T 0000751656 S000002533 MFS Maryland Municipal Bond Fund C000006985 A MFSMX C000006986 B MBMDX C000169769 I MMDIX C000194248 T C000194249 R6 MPMDX 0000751656 S000002534 MFS Massachusetts Municipal Bond Fund C000006987 A MFSSX C000006988 B MBMAX C000169770 I MTALX C000194250 R6 MPMAX C000194251 T 0000751656 S000002535 MFS Mississippi Municipal Bond Fund C000006989 A MISSX C000006990 B MBMSX C000169771 I MMSTX C000194252 R6 MPMSX C000194253 T 0000751656 S000002536 MFS Municipal Income Fund C000006991 A MFIAX C000006992 B MMIBX C000006993 C MMICX C000042676 A1 MMIDX C000042677 B1 MMIGX C000105400 I MIMIX C000194254 R6 MPMNX C000194255 T N-CEN 1 primary_doc.xml X0201 N-CEN LIVE 0000751656 XXXXXXXX 811-04096 true true false N-1A true MFS MUNICIPAL SERIES TRUST 811-04096 0000751656 5493001Q9KE7H84Z5340 111 Huntington Avenue Boston 02199 US-MA US 617-954-5000 DST Systems,Inc 333 West 11thStreet Kansas City 64105 18164351000 Technology Vendor JPMorgan Chase 270 Park Avenue New York 10017 12122706000 Custodian record Institutional Shareholder Services Inc 702 King Farm Boulevard Suite 400 Rockville 20850 13015560500 Proxy voting administrator MFS Service Center Inc. 100 Hancock Street North Quincy 02171 16179545000 Transfer agency record Iron Mountain Inc 1 Federal Street Boston 02110 18008994766 Storage Vendor Charles River Development 700 District Avenue Burlington 01803 17812380099 Investment related records The Depository Trust Company 55 Water Street New York 10041 12128551000 DTC MFS Fund Distributors,Inc 111 Huntington Avenue Boston 02199 16179545000 Principal underwriter record Ropes&Gray 800 Boylston Street Boston 02199 16179517000 Counsel record Autonomy Corporation Limited 1140 Enterprise Way Sunnyvale 94089 441223448000 Storage Vendor TerraNua U.S. Corp d.b.a. My Compliance Office 535 5th Avenue 4th floor New York 10017 18669512280 Personal Trading System Massachusetts Financial Services Company 111 Huntington Avenue Boston 02199 16179545000 Investment adviser record N N N-1A 15 Y Clarence Otis, Jr. N/A N James W. Kilman, Jr. N/A N Robin A. Stelmach N/A Y John A. Caroselli N/A N Robert J. Manning 004646484 Y Steven E. Buller N/A N Maureen R. Goldfarb N/A N Laurie J. Thomsen N/A N Maryanne L. Roepke N/A N John P. Kavanaugh N/A N Peter D. Jones N/A N Martin J. 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LLC 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 1654426.7 Citigroup Global Markets Inc. 8-8177 000007059 MBNUM2BPBDO7JBLYG310 3500324.93000000 Barclays Capital, Inc. 8-41342 000019714 AC28XWWI3WIBK2824319 1694303.25000000 BANK OF AMERICA CORP 8-07221 000007691 9DJT3UXIJIZJI4WXO774 7750478.43999999 43223910.11000001 N 108478014.45 Uncommitted 200000000.00000000 N Uncommitted 100000000.00000000 N Committed 1250000000.00000000 N N N N MFS Mississippi Municipal Bond Fund S000002535 4GAB1OTSRRZ89GG72J95 N 4 0 0 N/A Y N N N N/A N/A N/A Rule 12d1-1 (17 CFR 270.12d1-1) Rule 32a-4 (17 CFR 270.32a-4) Rule 22d-1 (17 CFR 270.22d-1) Y Y N N MASSACHUSETTS FINANCIAL SERVICES COMPANY 801-17352 000110045 1G3OSH3GLGJ7X1JC5I61 N MFS SERVICE CENTER, INC. 84-1316 N/A Y N N ICE Data Pricing & Reference Data, LLC 000110037 CRD N PricingDirect Inc. 549300WIC0TOJ7N7GD54 N Refinitiv U.S. Holdings Inc. 5490300NF240HXJO7N016 N IHS Markit 549300HLPTRASHS0E726 GB N N JPMORGAN CHASE BANK 7H6GLXDRUGQFU57RNE97 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N MFS Service Center, Inc. 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LLC 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 4753823.51000000 59468563.71000002 N 95615124.38 Committed 1250000000.00000000 N Uncommitted 200000000.00000000 N Uncommitted 100000000.00000000 N N N N MFS Arkansas Municipal Bond Fund S000002529 IBCRCKLUQF4H2CCTDD70 N 4 0 0 N/A N N N N N/A N/A N/A Rule 22d-1 (17 CFR 270.22d-1) Rule 12d1-1 (17 CFR 270.12d1-1) Rule 32a-4 (17 CFR 270.32a-4) Rule 17a-7 (17 CFR 270.17a-7) Y Y N N MASSACHUSETTS FINANCIAL SERVICES COMPANY 801-17352 000110045 1G3OSH3GLGJ7X1JC5I61 N MFS SERVICE CENTER, INC. 84-1316 N/A Y N N Refinitiv U.S. Holdings Inc. 5490300NF240HXJO7N016 N IHS Markit 549300HLPTRASHS0E726 GB N PricingDirect Inc. 549300WIC0TOJ7N7GD54 N ICE Data Pricing & Reference Data, LLC 000110037 CRD N N JPMORGAN CHASE BANK 7H6GLXDRUGQFU57RNE97 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N MFS Service Center, Inc. N/A Y N N MASSACHUSETTS FINANCIAL SERVICES 1G3OSH3GLGJ7X1JC5I61 Y N N BANK OF AMERICA CORP 8-07221 000007691 9DJT3UXIJIZJI4WXO774 658.72000000 658.72000000 Morgan Stanley & Co. LLC 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 6533347.60999999 Citigroup Global Markets Inc. 8-8177 000007059 MBNUM2BPBDO7JBLYG310 3420211.15000000 BANK OF AMERICA CORP 8-07221 000007691 9DJT3UXIJIZJI4WXO774 8296294.56000000 First Horizon Advisors, Inc. 8-35061 000017117 COOWI3L2W9TPYR3WJX37 2756325.00000000 Stephens Inc. 8-01927 000003496 213800LH6T9XDYZCA534 4485376.40000000 J.P. Morgan Securities LLC 8-35008 000000079 ZBUT11V806EZRVTWT807 7478118.16000000 Wells Fargo Securities, LLC 8-65876 000126292 VYVVCKR63DVZZN70PB21 4130116.75000000 Jefferies LLC 8-15074 000002347 58PU97L1C0WSRCWADL48 3089077.11000000 Barclays Capital, Inc. 8-41342 000019714 AC28XWWI3WIBK2824319 2593749.45000000 Crews & Associates, Inc. 8-24075 000008052 5493001BWSV3E82LZ446 4393200.00000000 62074667.03000000 N 156733201.46 Uncommitted 200000000.00000000 N Uncommitted 100000000.00000000 N Committed 1250000000.00000000 N N N N false false true false false false INTERNAL CONTROL RPT 2 Audit_letter.txt AUDIT LETTER REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Board of Trustees of MFS Municipal Series Trust and the Shareholders of MFS Alabama Municipal Bond Fund, MFS Arkansas Municipal Bond Fund, MFS California Municipal Bond Fund, MFS Georgia Municipal Bond Fund, MFS Maryland Municipal Bond Fund, MFS Massachusetts Municipal Bond Fund, MFS Mississippi Municipal Bond Fund, MFS New York Municipal Bond Fund, MFS North Carolina Municipal Bond Fund, MFS Pennsylvania Municipal Bond Fund, MFS South Carolina Municipal Bond Fund, MFS Tennessee Municipal Bond Fund, MFS Virginia Municipal Bond Fund, MFS West Virginia Municipal Bond Fund and MFS Municipal Income Fund: In planning and performing our audits of the financial statements of MFS Alabama Municipal Bond Fund, MFS Arkansas Municipal Bond Fund, MFS California Municipal Bond Fund, MFS Georgia Municipal Bond Fund, MFS Maryland Municipal Bond Fund, MFS Massachusetts Municipal Bond Fund, MFS Mississippi Municipal Bond Fund, MFS New York Municipal Bond Fund, MFS North Carolina Municipal Bond Fund, MFS Pennsylvania Municipal Bond Fund, MFS South Carolina Municipal Bond Fund, MFS Tennessee Municipal Bond Fund, MFS Virginia Municipal Bond Fund, MFS West Virginia Municipal Bond Fund and MFS Municipal Income Fund (each a series of MFS Municipal Series Trust) (the "Funds") as of and for the year ended March 31, 2020, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Funds' internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinions on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Funds' internal control over financial reporting. Accordingly, we express no such opinion. The management of the Funds is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A fund's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A fund's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the fund; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the fund are being made only in accordance with authorizations of management of the fund and trustees of the trust; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of a fund's assets that could have a material effect on the financial statements. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions or that the degree of compliance with the policies or procedures may deteriorate. A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of a fund's annual or interim financial statements will not be prevented or detected on a timely basis. Our consideration of the Funds' internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Funds' internal control over financial reporting and their operation, including controls for safeguarding securities, that we consider to be a material weakness, as defined above, as of March 31, 2020. This report is intended solely for the information and use of management, the Board of Trustees of MFS Municipal Series Trust and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties. DELOITTE & TOUCHE LLP Boston, Massachusetts May 15, 2020