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MEDEX MFS Emerging Markets Debt R2

  • Fund
  • MEDEX
  • Price as of: Dec 08, 2016
  • $14.45
  • - $0.00
  • - 0.00%
  • Category
  • Emerging Markets Bonds

MEDEX - Profile

Vitals

  • YTD Return 4.3%
  • 3 Yr Annualized Return 3.8%
  • 5 Yr Annualized Return 4.5%
  • Net Assets $5.64 B
  • Holdings in Top 10 10.6%

52 WEEK LOW AND HIGH

$14.45
$13.53
$15.30

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.37%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 67.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Investment Themes

CATEGORY

Emerging Markets Bonds
  • Fund Type Open End Mutual Fund
  • Investment Style Emerging Markets Bond

Distributions

  • YTD Total Return 4.3%
  • 3 Yr Annualized Total Return 3.8%
  • 5 Yr Annualized Total Return 4.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.25%
DIVIDENDS
  • Dividend Yield 0.6%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name MFS® Emerging Markets Debt Fund
  • Fund Family Name MFS
  • Inception Date Dec 01, 2008
  • Shares Outstanding N/A
  • Share Class Retirement
  • Currency USD
  • Domiciled Country United States
  • Manager Ward Brown

MEDEX - Performance

Return Ranking - Trailing

Period MEDEX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 4.3% -16.1% 233.9% 43.73% 3
1 Yr 6.1% -22.3% 26.8% 46.94% 3
3 Yr 3.8% * -8.6% 6.9% 20.07% 1
5 Yr 4.5% * -4.1% 8.7% 28.04% 2
10 Yr 6.0% * 0.8% 8.4% 41.43% 3

* Annualized


Return Ranking - Calendar

Period MEDEX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -5.1% -26.3% 1.7% 20.81% 2
2014 -0.1% -16.1% 4.7% 7.51% 1
2013 -11.0% -24.6% 21.6% 29.07% 2
2012 12.5% -0.8% 19.3% 27.33% 2
2011 0.1% -23.5% 1.4% 16.35% 2

Total Return Ranking - Trailing

Period MEDEX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 4.3% -16.1% 240.1% 58.31% 4
1 Yr 6.1% -25.4% 26.8% 35.86% 2
3 Yr 3.8% * -9.2% 6.9% 17.88% 1
5 Yr 4.5% * -4.5% 8.4% 25.40% 2
10 Yr 6.0% * 0.8% 8.2% 38.57% 2

* Annualized


Total Return Ranking - Calendar

Period MEDEX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -5.1% -26.3% 8.1% 42.15% 3
2014 -0.1% -14.7% 9.5% 34.47% 2
2013 -10.7% -24.6% 32.1% 59.03% 4
2012 13.4% 0.0% 40.8% 57.56% 3
2011 0.4% -28.1% 13.5% 44.23% 3

NAV & Total Return History

MEDEX - Holdings

Filings data as of: Oct 31, 2016

Concentration Analysis

MEDEX Category Low Category High MEDEX % Rank Quintile
Net Assets 5.64 B 2.37 M 6.21 B 0.58% 1
Number of Holdings 474 2 953 3.78% 1
Net Assets in Top 10 625 M -1.51 M 1.19 B 1.74% 1
Weighting of Top 10 10.6% 0.0% 274.1% 29.94% 5

Top 10 Holdings

  1. United Mexican Sts Mtn Be 4% 1.55%
  2. Argentina Rep 7.5% 1.27%
  3. Argentine Republic 7% 1.24%
  4. United Mexican Sts Mtn Be 3.625% 1.24%
  5. Argentina Rep 1.33% 1.01%
  6. Hungary Rep 5.375% 0.92%
  7. Russia Regs 4.750 May 27 26 0.89%
  8. Russian Fedn 4.5% 0.85%
  9. Republic Of Turkey 4.875% 0.81%
  10. Dev Bk Of Kazakhstan 4.125% 0.80%

Asset Allocation

Weighting Category Low Category High MEDEX % Rank Quintile
Bonds
89.56% 0.00% 127.97% 19.48% 4
Cash
10.28% -67.15% 100.00% 7.85% 2
Other
0.16% -3.01% 11.31% 16.86% 3
Convertible Bonds
0.00% 0.00% 2.08% 4.65% 2
Preferred Stocks
0.00% 0.00% 1.40% 1.74% 2
Stocks
0.00% -3.12% 100.07% 4.65% 3

Bond Sector Breakdown

Weighting Category Low Category High MEDEX % Rank Quintile
Government
53.28% 0.00% 96.20% 18.02% 3
Corporate
34.83% 0.00% 98.17% 10.76% 2
Cash & Equivalents
10.28% -39.73% 100.00% 7.27% 2
Municipal
0.53% 0.00% 3.92% 5.23% 1
Securitized
0.00% 0.00% 22.90% 9.01% 3
Derivative
0.00% -18.76% 25.06% 5.52% 2

Bond Geographic Breakdown

Weighting Category Low Category High MEDEX % Rank Quintile
Non US
89.37% 0.00% 176.02% 21.22% 4
US
0.19% -91.79% 63.60% 15.12% 3

MEDEX - Expenses

Operational Fees

MEDEX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.37% 0.29% 35.45% 38.37% 2
Management Fee 0.69% 0.28% 1.30% 7.56% 2
12b-1 Fee 0.50% 0.00% 1.00% 2.80% 4
Administrative Fee N/A 0.01% 0.60% N/A N/A

Sales Fees

MEDEX Fees (% of AUM) Category Low Category High MEDEX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 0.75% 5.50% N/A N/A

Trading Fees

MEDEX Fees (% of AUM) Category Low Category High MEDEX Rank Quintile
Max Redemption Fee N/A 0.75% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MEDEX Fees (% of AUM) Category Low Category High MEDEX Rank Quintile
Turnover 67.00% 15.00% 605.00% 15.74% 3

MEDEX - Distributions

Dividend Yield Analysis

MEDEX Category Low Category High MEDEX % Rank Quintile
Dividend Yield 0.6% 0.00% 3.24% 11.63% 1

Dividend Distribution Analysis

MEDEX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

MEDEX Category Low Category High MEDEX % Rank Quintile
Net Income Ratio 4.25% -0.29% 8.90% 45.06% 4

Capital Gain Distribution Analysis

MEDEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Annually

MEDEX - Managers

Ward Brown

Manager

Start Date

Jul 01, 2008

Tenure

8.42

Tenure Rank

2.0%

Ward Brown, CFA, Ph.D., is an investment officer and fixed income portfolio manager at MFS Investment Management® (MFS®). He is a member of the Emerging Markets Debt team, and his duties include managing the firm's emerging market debt strategies in addition to conducting macroeconomic research and individual credit analysis. Ward joined MFS in 2005 as a fixed-income research analyst and was named portfolio manager in 2008. Prior to joining MFS, he served as an economist for the International Monetary Fund for eight years. Ward spent four years as a research and teaching assistant for the Financial Markets Group at the London School of Economics and Political Science and later served as a lecturer at the school in the Economics Department. Ward earned his bachelor's degree from McGill University and holds a master's and a doctoral degree in Economics from the London School of Economics and Political Science. He holds the Chartered Financial Analyst designation.


Matthew W. Ryan

Manager

Start Date

Jul 24, 1998

Tenure

18.37

Tenure Rank

0.3%

Matthew W. Ryan, CFA, is an investment officer of MFS Investment Management® (MFS®) and a portfolio manager of the firm's emerging market debt, strategic income, and high-yield bond portfolios. He is also a member of the portfolio management team of MFS® Diversified Income Fund. Before joining the firm in 1997, Matt worked for four years as an economist at the International Monetary Fund and for five years as an international economist with the U.S. Department of the Treasury. He was named a portfolio manager at MFS in 1998. He is a graduate of Williams College and earned a master's degree in international economics and foreign policy from Johns Hopkins University. Matt also holds the Chartered Financial Analyst (CFA) designation.


Tenure Analysis

Category Low

0.1

Category High

21.9

Category Average

3.86

Category Mode

1.9