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Morningstar

MFS High Income B MHIBX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 3.01  /  +0.02 %
  • Total Assets 1.8 Bil
  • Adj. Expense Ratio
    1.630%
  • Expense Ratio 1.630%
  • Distribution Fee Level Low
  • Share Class Type —
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 1,000
  • Status Closed
  • TTM Yield 5.07%
  • Effective Duration 3.06 years

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:16 PM GMT+0

Morningstar’s Analysis MHIBX

Will MHIBX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MHIBX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MHIBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MHIBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

MFS High Income B's Average People Pillar and Process Pillar ratings are n't enough to prevent other weaknesses from sending this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

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.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MHIBX

More MHIBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Currency Cash CASH_USD

4.22 75.2 Mil
Cash and Equivalents

EUR/USD FWD 20240419 Purchased

1.26 22.4 Mil
Derivative

CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.75%

1.00 17.8 Mil
Corporate

FMG Resources (August 2006) Pty Ltd. 4.38%

0.79 14.0 Mil
Corporate

Global Aircraft Leasing Co Ltd 6.5%

0.70 12.5 Mil
Corporate

Ziggo Bond Company B.V. 5.13%

0.68 12.0 Mil
Corporate

Equitrans Midstream Corporation 5.5%

0.66 11.8 Mil
Corporate

Trimas Corporation 4.13%

0.64 11.4 Mil
Corporate

TransDigm, Inc. 6.88%

0.61 10.8 Mil
Corporate

Ritchie Bros. Holdings Inc 7.75%

0.61 10.8 Mil
Corporate