MFS Diversified Income has suffered from missteps as a new lead manager gains experience overseeing a wide-ranging and informal asset-allocation process. Its Process Pillar has been downgraded to Below Average from Average. Six cheaper shares earn a renewed Morningstar Analyst Rating of Neutral, while the two most expensive shares receive a downgrade to Negative.
Will DIFCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DIFCX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the DIFCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of DIFCX’s parent organization’s priorities and whether they’re in line with investors’ interests.