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MEDEX MFS Emerging Markets Debt R2

MEDEX - Profile

Vitals

  • YTD Return 7.6%
  • 3 Yr Annualized Return -1.0%
  • 5 Yr Annualized Return -0.5%
  • Net Assets $5.83 B
  • Holdings in Top 10 8.7%

52 WEEK LOW AND HIGH

$14.79
$13.55
$14.99

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.32%

SALES FEES

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

BROKERAGE FEES

  • Turnover 94.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Fund Classification

PRIMARY CATEGORY

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

Distributions

  • YTD Total Return 7.6%
  • 3 Yr Annualized Total Return -1.0%
  • 5 Yr Annualized Total Return -0.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.26%
DIVIDENDS
  • Dividend Yield 2.1%
  • 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 Matthew W. Ryan

MEDEX - Performance

Return Ranking - Trailing

Period MEDEX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.6% -4.6% 64.4% 43.27%
1 Yr 5.8% -16.3% 13.8% 24.59%
3 Yr -1.0%* -9.2% 5.2% 61.40%
5 Yr -0.5%* -9.7% 22.0% 39.42%
10 Yr 0.5%* -5.6% 12.9% 31.38%

* Annualized


Return Ranking - Calendar

Period MEDEX Return Category Return Low Category Return High Rank in Category (%)
2018 -9.4% -53.1% 0.0% 59.30%
2017 4.8% -12.4% 15.4% 54.26%
2016 4.4% -12.3% 219.0% 41.19%
2015 -5.1% -20.0% 5.0% 26.82%
2014 -0.1% -22.4% 200.4% 27.25%

Total Return Ranking - Trailing

Period MEDEX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.6% -4.6% 64.4% 43.60%
1 Yr 5.8% -16.3% 13.8% 37.70%
3 Yr -1.0%* -5.3% 14.5% 82.55%
5 Yr -0.5%* -5.0% 30.8% 65.14%
10 Yr 0.9%* -5.6% 21.7% 46.81%

* Annualized


Total Return Ranking - Calendar

Period MEDEX Return Category Return Low Category Return High Rank in Category (%)
2018 -9.4% -53.1% 3.8% 72.17%
2017 4.8% -6.6% 21.6% 69.90%
2016 4.4% -12.3% 242.1% 52.42%
2015 -5.1% -18.5% 6.6% 44.94%
2014 -0.1% -22.2% 203.8% 49.36%

NAV & Total Return History

MEDEX - Holdings

Concentration Analysis

MEDEX Category Low Category High MEDEX % Rank
Net Assets 5.83 B 1.06 M 14 B 6.09%
Number of Holdings 462 5 3539 25.96%
Net Assets in Top 10 511 M -144 M 12.5 B 12.98%
Weighting of Top 10 8.72% 5.9% 1055.7% 97.76%

Top 10 Holdings

  1. Mexico (United Mexican States) 4.15% 1.07%

  2. State Grid Overseas Investment (2016) Limited 3.5% 1.02%

  3. Argentina (Republic of) 5.88% 1.00%

  4. Mexico (United Mexican States) 4.5% 0.91%

  5. Russian Federation 5.1% 0.88%

  6. Russian Federation 4.25% 0.83%

  7. Turkey (Republic of) 6.12% 0.78%

  8. Argentina (Republic of) 6.88% 0.76%

  9. Turkey (Republic of) 6% 0.74%

  10. JSC National Company KazMunayGas 5.38% 0.74%


Asset Allocation

Weighting Return Low Return High MEDEX % Rank
Bonds
93.73% 80.30% 1025.08% 62.82%
Cash
6.15% -1000.79% 20.62% 26.28%
Other
0.08% -18.29% 58.27% 28.04%
Stocks
0.04% -61.27% 103.48% 39.26%
Preferred Stocks
0.00% 0.00% 1.44% 56.41%
Convertible Bonds
0.00% -0.83% 14.31% 70.83%

Stock Sector Breakdown

Weighting Return Low Return High MEDEX % Rank
Energy
0.04% -0.13% 5.60% 47.97%
Utilities
0.00% -0.05% 3.93% 62.94%
Technology
0.00% -1.10% 21.64% 62.18%
Real Estate
0.00% -0.04% 11.92% 62.94%
Industrials
0.00% -0.16% 27.15% 63.96%
Healthcare
0.00% -1.79% 13.58% 64.72%
Financial Services
0.00% -0.26% 16.51% 71.57%
Communication Services
0.00% -1.48% 3.30% 65.23%
Consumer Defense
0.00% -2.55% 7.70% 61.42%
Consumer Cyclical
0.00% -0.20% 23.34% 63.45%
Basic Materials
0.00% -0.67% 6.18% 68.27%

Stock Geographic Breakdown

Weighting Return Low Return High MEDEX % Rank
US
0.04% -61.27% 103.48% 31.41%
Non US
0.00% -0.25% 48.86% 66.03%

Bond Sector Breakdown

Weighting Return Low Return High MEDEX % Rank
Government
62.14% -11.39% 1025.08% 58.01%
Corporate
31.60% 0.00% 225.50% 22.28%
Cash & Equivalents
6.15% -999.86% 49.97% 24.36%
Securitized
0.00% 0.00% 89.51% 68.11%
Municipal
0.00% 0.00% 99.19% 51.60%
Derivative
-0.01% -150.43% 98.44% 66.67%

Bond Geographic Breakdown

Weighting Return Low Return High MEDEX % Rank
Non US
92.37% -95.83% 595.35% 28.21%
US
1.36% -52.48% 1120.91% 75.32%

MEDEX - Expenses

Operational Fees

MEDEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.32% 0.17% 290.47% 49.51%
Management Fee 0.68% 0.00% 2.50% 64.42%
12b-1 Fee 0.50% 0.00% 1.00% 66.11%
Administrative Fee N/A 0.00% 0.65% N/A

Sales Fees

MEDEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.15% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MEDEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.15% 2.00% 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 Return Low Category Return High Rank in Category (%)
Turnover 94.00% 0.00% 748.00% 53.95%

MEDEX - Distributions

Dividend Yield Analysis

MEDEX Category Low Category High MEDEX % Rank
Dividend Yield 2.08% 0.00% 11.82% 45.83%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

MEDEX Category Low Category High MEDEX % Rank
Net Income Ratio 4.26% -1.65% 8.90% 26.22%

Capital Gain Distribution Analysis

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

MEDEX - Managers

Matthew W. Ryan

Manager

Start Date

Tenure

Tenure Rank

Jul 24, 1998

21.12

21.1%

Matthew W. Ryan, CFA, is an investment officer of Massachusetts Financial Services Company and a portfolio manager of the firm's emerging market debt, strategic income, and high-yield bond portfolios. 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.


Ward Brown

Manager

Start Date

Tenure

Tenure Rank

Jul 01, 2008

11.17

11.2%

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.


Neeraj Arora

Manager

Start Date

Tenure

Tenure Rank

Sep 01, 2019

0.0

0.0%

Employed in the investment area of MFS since 2011


Tenure Analysis

Category Low

0.0

Category High

27.45

Category Average

5.7

Category Mode

10.01