MFS SERIES TRUST IV
497, 1998-03-12
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                           MFS(R) MUNICIPAL BOND FUND

                      Supplement to the Current Prospectus


The  description  of  portfolio  manager  under  the  "Management  of  the  Fund
Investment  Adviser"  section is hereby revised as follows:  Effective  March 4,
1998, Geoffrey L. Schechter is the portfolio manager of the Fund. Mr. Schechter,
a Vice President of the Adviser,  has been employed as a portfolio  manager with
the Adviser since 1993.  Prior to 1993,  Mr.  Schechter was a Senior  Investment
Analyst at Liberty Mutual Insurance Company.

                 The date of this Supplement is March 4, 1998.




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