Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
MFS Global Opportunistic Bd R2 MGBLX
- NAV / 1-Day Return 7.95 / +0.40 %
- Total Assets 1.0 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.200%
- Distribution Fee Level Average
- Share Class Type Retirement, Medium
- Category Global Bond-USD Hedged
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment —
- Status Open
- TTM Yield 2.68%
- Effective Duration 7.14 years
USD | NAV as of May 03, 2024 | 1-Day Return as of May 03, 2024, 10:17 PM GMT+0
Morningstar’s Analysis MGBLX
Will MGBLX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 0.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
EUR/USD FWD 20240419 Purchased | 20.78 | 212.6 Mil | Derivative |
USD/GBP FWD 20240419 Purchased | 6.60 | 67.6 Mil | Derivative |
Itraxx Eur Xover Ser 40 Receiver 300.00 MAY 15 24 | 6.05 | 61.9 Mil | Derivative |
KRW/USD NDF 20240426 Purchased | 5.21 | 53.3 Mil | Derivative |
Euro Bobl Future June 24 | 5.19 | 53.1 Mil | Government |
Currency Cash CASH_USD | 4.78 | 48.9 Mil | Cash and Equivalents |
Itraxx Eur Xover Ser 40 Receiver 350.00 MAY 15 24 | 3.65 | 37.4 Mil | Derivative |
NZD/USD FWD 20240419 Purchased | 3.65 | 37.3 Mil | Derivative |
USD/NZD FWD 20240419 Purchased | 3.52 | 36.0 Mil | Derivative |
Italy (Republic Of) 4.1% | 2.78 | 28.4 Mil | Government |