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        <fairValLevel>2</fairValLevel>
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        <name>Walton County Water &amp; Sewer Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DeKalb County Housing Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Development Finance Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Iowa Student Loan Liquidity Corp.</name>
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          <isin value="US462590MS69"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-12-01</maturityDt>
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        <name>Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Georgia Municipal Association, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Georgia Housing &amp; Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Augusta Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Municipal Electric Authority of Georgia</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Jefferson Public Building Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Henry County Water Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Georgia Housing &amp; Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Georgia Housing &amp; Finance Authority</name>
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        <name>Puerto Rico Electric Power Authority</name>
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        <name>New Hampshire Business Finance Authority</name>
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        <name>Miller County School District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Albany-Dougherty County Hospital Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Iowa Student Loan Liquidity Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Savannah Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Illinois</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico Electric Power Authority</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Bibb County Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Atlanta Development Authority (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Columbia County Hospital Authority/GA</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Moultrie-Colquitt Counties Development Authority GA</name>
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        <name>Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Georgia Higher Education Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Macon Water Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Commonwealth of Puerto Rico</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Municipal Electric Authority of Georgia</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Municipal Electric Authority of Georgia</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Commerce School District</name>
        <lei>N/A</lei>
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          <isin value="US200635BJ80"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Virginia Small Business Financing Authority</name>
        <lei>N/A</lei>
        <title>Virginia Small Business Financing Authority</title>
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          <isin value="US928104NZ76"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Gainesville &amp; Hall County Development Authority</name>
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          <isin value="US362763AQ76"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>PR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-01</maturityDt>
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        <name>Commonwealth of Puerto Rico</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Private Colleges &amp; Universities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Guam Government Waterworks Authority</name>
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        <invCountry>GU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Dalton Whitfield County Joint Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Rome Building Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Allegheny County Hospital Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Dahlonega Downtown Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Georgia Ports Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Main Street Natural Gas, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Columbia County Hospital Authority/GA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Atlanta Development Authority (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Private Colleges &amp; Universities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Chicago Board of Education Dedicated Capital Improvement Tax</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Americus-Sumter Payroll Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Rockdale County Public Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Territory of Guam</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>City of Springfield GA Water and Sewer Fund</name>
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        <name>Fulton County Residential Care Facilities for the Elderly Authority</name>
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        <name>Glynn-Brunswick Memorial Hospital Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cobb-Marietta Coliseum &amp; Exhibit Hall Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Main Street Natural Gas, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico Electric Power Authority</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Commonwealth of Puerto Rico</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Development Authority of Cobb County (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Richmond County Hospital Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Classic Center Authority for Clarke County</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Atlanta GA Department of Aviation</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Development Authority of Gwinnett County</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DeKalb County Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Atlanta Urban Residential Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Metropolitan Atlanta Rapid Transit Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Chicago Board of Education Dedicated Capital Improvement Tax</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Municipal Electric Authority of Georgia</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York State Dormitory Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Savannah Housing Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Minnesota Municipal Gas Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Colorado Health Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Virgin Islands Hotel Development Financing Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Commonwealth of Puerto Rico</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico</title>
        <cusip>74514L3T2</cusip>
        <identifiers>
          <isin value="US74514L3T29"/>
        </identifiers>
        <balance>178302.60000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>119462.74000000</valUSD>
        <pctVal>0.096033806147</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Commonwealth of Puerto Rico</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico</title>
        <cusip>74514L3J4</cusip>
        <identifiers>
          <isin value="US74514L3J47"/>
        </identifiers>
        <balance>150816.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>164655.21000000</valUSD>
        <pctVal>0.132363166274</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="All applicable monthly total returns are reported excluding any sales loads or redemption fees for Item B.5." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-04-30</ncom:dateSigned>
      <ncom:nameOfApplicant>MFS Municipal Series Trust</ncom:nameOfApplicant>
      <ncom:signature>James Byrne</ncom:signature>
      <ncom:signerName>James Byrne</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
