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MQLCX MFS Limited Maturity C

  • Fund
  • MQLCX
  • Price as of: Jan 18, 2019
  • $5.89
  • - $0.00
  • - 0.00%
  • Category
  • Total Bond Market

MQLCX - Profile

Vitals

  • YTD Return 0.2%
  • 3 Yr Annualized Return 0.4%
  • 5 Yr Annualized Return 0.1%
  • Net Assets $1.5 B
  • Holdings in Top 10 17.1%

52 WEEK LOW AND HIGH

$5.89
$5.87
$5.93

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.58%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 57.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$250

Investment Themes

CATEGORY

Total Bond Market
  • Fund Type Open End Mutual Fund
  • Investment Style Short-Term Bond

Distributions

  • YTD Total Return 0.2%
  • 3 Yr Annualized Total Return 0.4%
  • 5 Yr Annualized Total Return 0.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.83%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name MFS Limited Maturity Fund
  • Fund Family Name MFS
  • Inception Date Jul 01, 1994
  • Shares Outstanding N/A
  • Share Class C
  • Currency USD
  • Domiciled Country United States
  • Manager Alexander M. Mackey

Fund Description

The fund normally invests its assets primarily in debt instruments. Debt instruments include U.S. government securities, corporate bonds, foreign government securities, securitized instruments, and other obligations to repay money borrowed. Its dollar-weighted average effective maturity will normally not exceed five years.

MQLCX - Performance

Return Ranking - Trailing

Period MQLCX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.2% -30.9% 14.2% 36.11% 3
1 Yr 0.1% -17.9% 21.5% 42.16% 3
3 Yr 0.4% * -6.1% 13.4% 90.22% 5
5 Yr 0.1% * -3.2% 14.8% 93.98% 5
10 Yr 1.6% * -0.7% 11.3% 90.65% 5

* Annualized


Return Ranking - Calendar

Period MQLCX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -1.2% -36.6% 9.9% 20.54% 2
2017 -0.2% -11.1% 25.1% 50.66% 4
2016 0.2% -13.3% 192.8% 41.15% 3
2015 -1.0% -33.0% 20.8% 15.77% 2
2014 -0.7% -9.3% 20.7% 49.30% 4

Total Return Ranking - Trailing

Period MQLCX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.2% -100.0% 14.2% 36.04% 3
1 Yr -0.8% -17.9% 21.5% 51.15% 3
3 Yr 0.4% * -7.0% 13.4% 84.39% 5
5 Yr 0.1% * -3.8% 14.8% 93.45% 5
10 Yr 1.6% * -0.7% 11.3% 90.05% 5

* Annualized


Total Return Ranking - Calendar

Period MQLCX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -1.2% -36.6% 9.9% 21.31% 2
2017 -0.2% -11.1% 25.1% 52.39% 4
2016 0.2% -9.0% 195.3% 52.23% 4
2015 -1.0% -32.5% 58.5% 33.90% 3
2014 -0.7% -8.3% 58.3% 65.30% 5

NAV & Total Return History

MQLCX - Holdings

Filings data as of: Nov 30, 2018

Concentration Analysis

MQLCX Category Low Category High MQLCX % Rank Quintile
Net Assets 1.5 B 319 K 201 B 11.24% 2
Number of Holdings 327 1 17326 17.55% 4
Net Assets in Top 10 248 M -36 B 52.1 B 12.21% 2
Weighting of Top 10 17.1% 0.0% 1093.9% 25.08% 4

Top 10 Holdings

  1. United States Treasury Notes 2.63% 3.78%
  2. United States Treasury Notes 2.38% 2.83%
  3. United States Treasury Notes 1.38% 1.35%
  4. Bank of America Corporation 68.37% 0.87%
  5. Goldman Sachs Group, Inc. 2.55% 1.08%
  6. Morgan Stanley 2.38% 1.07%
  7. Citigroup Inc. 2.4% 0.72%
  8. Barclays PLC 3.25% 0.95%
  9. Shire Acquisitions Investments Ireland DAC 1.9% 0.70%
  10. 2 Year US Treasury Note Future Mar19 3.79%

Asset Allocation

Weighting Category Low Category High MQLCX % Rank Quintile
Bonds
95.51% -175.98% 562.01% 12.46% 3
Cash
4.49% -461.99% 275.92% 16.28% 3
Stocks
0.00% -2.63% 98.80% 5.95% 4
Preferred Stocks
0.00% 0.00% 20.37% 6.97% 4
Other
0.00% -147.74% 99.99% 10.27% 4
Convertible Bonds
0.00% 0.00% 13.10% 9.16% 4

Bond Sector Breakdown

Weighting Category Low Category High MQLCX % Rank Quintile
Corporate
53.29% 0.00% 221.70% 6.46% 1
Securitized
28.17% 0.00% 118.59% 17.85% 3
Government
13.44% -389.49% 503.27% 20.70% 3
Cash & Equivalents
4.49% -462.00% 275.92% 16.38% 3
Municipal
0.60% 0.00% 96.08% 9.46% 2
Derivative
0.00% -144.01% 239.83% 3.97% 3

Bond Geographic Breakdown

Weighting Category Low Category High MQLCX % Rank Quintile
US
71.37% -370.09% 500.82% 23.30% 4
Non US
24.14% -190.38% 351.70% 5.39% 1

MQLCX - Expenses

Operational Fees

MQLCX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.58% 0.00% 44.72% 6.21% 5
Management Fee 0.40% 0.00% 2.15% 2.85% 3
12b-1 Fee 1.00% 0.00% 1.00% 0.08% 5
Administrative Fee N/A 0.00% 0.63% N/A N/A

Sales Fees

MQLCX Fees (% of AUM) Category Low Category High MQLCX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load 1.00% 0.15% 5.50% 2.50% 2

Trading Fees

MQLCX Fees (% of AUM) Category Low Category High MQLCX Rank Quintile
Max Redemption Fee N/A 0.25% 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.

MQLCX Fees (% of AUM) Category Low Category High MQLCX Rank Quintile
Turnover 57.00% 0.00% 1576.00% 13.94% 2

MQLCX - Distributions

Dividend Yield Analysis

MQLCX Category Low Category High MQLCX % Rank Quintile
Dividend Yield 0.1% 0.00% 1.75% 29.45% 5

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

MQLCX Category Low Category High MQLCX % Rank Quintile
Net Income Ratio 0.83% -1.56% 7.22% 19.29% 5

Capital Gain Distribution Analysis

MQLCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

MQLCX - Managers

Alexander M. Mackey

Manager

Start Date

Feb 01, 2017

Tenure

1.91

Tenure Rank

8.9%

Alexander M. Mackey, CFA, is an investment officer and fixed income portfolio manager with MFS Investment Management(r) (MFS(r)). He has portfolio management responsibilities on the firm's limited duration and multi-sector fixed income strategies. He also has research analyst responsibilities. Alexander joined MFS in 1998 as a financial control assistant and was promoted to section manager in 2000. He joined the Fixed Income Department as a research associate in 2001 was promoted to fixed income research analyst in 2004. He took on portfolio management responsibilities in 2017. Alexander has a bachelor's degree from Trinity College and holds the Chartered Financial Analyst (CFA) designation. He is a member of the CFA Society of Boston.


Philipp S. Burgener

Manager

Start Date

Feb 01, 2017

Tenure

1.91

Tenure Rank

8.9%

Philipp S. Burgener, CFA, is an investment officer and fixed income portfolio manager with MFS Investment Management(r) (MFS(r)). He is a member of the firm's limited duration portfolio management team. He also has research analyst responsibilities. Philipp joined MFS in 2000 as an inside wholesaler and transferred to the Fixed Income Department in 2002 as an analytic support associate in the Quantitative Group. In 2003 he joined the Structured Products Group and was promoted to an Investment Grade Research Analyst in 2005. He took on portfolio management responsibilities in 2017. Philipp earned a Bachelor of Arts degree from Colgate University and his Master of Science degree from Boston University. He is also a member of the CFA Institute and Boston Security Analysts Society, Inc.


Tenure Analysis

Category Low

0.0

Category High

29.9

Category Average

6.62

Category Mode

0.7