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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$15.21

$6.15 B

1.76%

$0.27

1.51%

Vitals

YTD Return

-3.4%

1 yr return

0.7%

3 Yr Avg Return

6.8%

5 Yr Avg Return

3.8%

Net Assets

$6.15 B

Holdings in Top 10

22.8%

52 WEEK LOW AND HIGH

$15.2
$14.79
$15.86

Expenses

OPERATING FEES

Expense Ratio 1.51%

SALES FEES

Front Load N/A

Deferred Load 4.00%

TRADING FEES

Turnover 37.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$250


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Corporate Bond


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$15.21

$6.15 B

1.76%

$0.27

1.51%

MFBBX - Profile

Distributions

  • YTD Total Return -3.4%
  • 3 Yr Annualized Total Return 5.9%
  • 5 Yr Annualized Total Return 3.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.70%
DIVIDENDS
  • Dividend Yield 1.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    MFS Corporate Bond Fund
  • Fund Family Name
    MFS
  • Inception Date
    Sep 07, 1993
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Alexander Mackey

Fund Description

The fund normally invests at least 80% of the fund's net assets in corporate debt instruments. It may also invest the fund's assets in U.S. government securities. The fund invests the majority of the fund's assets in investment grade quality debt instruments, but may also invest in below investment grade quality debt instruments.


MFBBX - Performance

Return Ranking - Trailing

Period MFBBX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.4% -87.1% 10.7% 58.27%
1 Yr 0.7% -11.5% 45.4% 88.63%
3 Yr 6.8%* -0.8% 11.9% 53.55%
5 Yr 3.8%* 1.5% 8.1% 79.03%
10 Yr 4.2%* 1.7% 8.1% 81.20%

* Annualized

Return Ranking - Calendar

Period MFBBX Return Category Return Low Category Return High Rank in Category (%)
2020 7.1% -85.3% 10.6% 10.27%
2019 11.0% -44.7% 19.2% 15.63%
2018 -6.2% -52.7% -2.0% 49.35%
2017 2.8% -10.1% 9.5% 41.56%
2016 2.5% -0.7% 35.8% 70.48%

Total Return Ranking - Trailing

Period MFBBX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.4% -87.1% 10.7% 58.78%
1 Yr -3.3% -14.1% 42.5% 97.94%
3 Yr 5.9%* -1.8% 11.4% 56.18%
5 Yr 3.4%* 0.9% 7.7% 76.68%
10 Yr 4.2%* 1.7% 8.1% 80.45%

* Annualized

Total Return Ranking - Calendar

Period MFBBX Return Category Return Low Category Return High Rank in Category (%)
2020 7.1% -85.3% 10.6% 10.27%
2019 11.0% -44.7% 19.2% 16.27%
2018 -6.2% -23.2% 92.1% 60.78%
2017 2.8% -10.1% 9.5% 48.15%
2016 2.5% -0.7% 35.8% 73.49%

NAV & Total Return History


MFBBX - Holdings

Concentration Analysis

MFBBX Category Low Category High MFBBX % Rank
Net Assets 6.15 B 6.63 M 48.3 B 10.96%
Number of Holdings 333 1 8568 36.39%
Net Assets in Top 10 108 M -28.5 M 3.18 B 23.51%
Weighting of Top 10 22.83% 1.5% 100.0% 55.33%

Top 10 Holdings

  1. Ultra 10 Year US Treasury Note Future Dec 21 10.55%
  2. Ultra 10 Year US Treasury Note Future Dec 21 10.55%
  3. Ultra 10 Year US Treasury Note Future Dec 21 10.55%
  4. Ultra 10 Year US Treasury Note Future Dec 21 10.55%
  5. Ultra 10 Year US Treasury Note Future Dec 21 10.55%
  6. Ultra 10 Year US Treasury Note Future Dec 21 10.55%
  7. Ultra 10 Year US Treasury Note Future Dec 21 10.55%
  8. Ultra 10 Year US Treasury Note Future Dec 21 10.55%
  9. Ultra 10 Year US Treasury Note Future Dec 21 10.55%
  10. Ultra 10 Year US Treasury Note Future Dec 21 10.55%

Asset Allocation

Weighting Return Low Return High MFBBX % Rank
Bonds
90.04% 0.00% 166.94% 80.94%
Cash
6.71% -74.72% 100.00% 12.62%
Convertible Bonds
3.25% 0.00% 76.13% 42.82%
Stocks
0.00% 0.00% 5.86% 76.49%
Preferred Stocks
0.00% 0.00% 7.99% 77.72%
Other
0.00% -38.92% 4.70% 74.01%

Bond Sector Breakdown

Weighting Return Low Return High MFBBX % Rank
Corporate
85.72% 0.00% 100.00% 74.26%
Government
6.65% 0.00% 23.39% 18.07%
Cash & Equivalents
6.07% 0.00% 100.00% 17.82%
Municipal
1.01% 0.00% 2.66% 11.14%
Securitized
0.56% 0.00% 16.22% 26.98%
Derivative
0.00% 0.00% 26.51% 76.73%

Bond Geographic Breakdown

Weighting Return Low Return High MFBBX % Rank
US
68.86% 0.00% 132.94% 87.38%
Non US
21.18% 0.00% 45.81% 16.34%

MFBBX - Expenses

Operational Fees

MFBBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.51% 0.03% 3.62% 6.12%
Management Fee 0.38% 0.00% 1.35% 57.83%
12b-1 Fee 1.00% 0.00% 1.00% 97.12%
Administrative Fee N/A 0.02% 0.45% N/A

Sales Fees

MFBBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 4.75% N/A
Deferred Load 4.00% 1.00% 5.50% 11.11%

Trading Fees

MFBBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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.

MFBBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 37.00% 0.00% 349.00% 28.18%

MFBBX - Distributions

Dividend Yield Analysis

MFBBX Category Low Category High MFBBX % Rank
Dividend Yield 1.76% 0.00% 46.82% 81.44%

Dividend Distribution Analysis

MFBBX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

MFBBX Category Low Category High MFBBX % Rank
Net Income Ratio 1.70% -1.57% 7.25% 84.75%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

MFBBX - Fund Manager Analysis

Managers

Alexander Mackey


Start Date

Tenure

Tenure Rank

Apr 05, 2017

4.49

4.5%

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.

Henry Peabody


Start Date

Tenure

Tenure Rank

Dec 31, 2019

1.75

1.8%

Henry Peabody, CFA - Investment Officer - Fixed Income Portfolio Manager - As a Fixed Income Portfolio Manager, responsible for final buy and sell decisions, portfolio construction, risk assessment and cash management. Participates in the research process and strategy discussions. - Joined MFS in 2019 - Previous experience includes 6 years as Vice President, Portfolio Manager and Research Analyst at Eaton Vance Management; 3 years as Vice President, Research Analyst at Merganser Capital Management; 6 years as Research Analyst and Trader at Emerson Investment Management. - Member of several portfolio management teams, primarily focused on US credit investing in core, core plus, global aggregate, global aggregate opportunistic and global credit strategies - Affiliations include Boston Security Analyst's Society, CFA Institute - Boston College, Carroll School of Management, Master of Business Administration - Trinity College, Bachelor of Arts

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 24.09 5.64 1.75