MFS Corporate Bond is run by an experienced team executing a thorough, sensible strategy. Its cheapest share classes earn a Morningstar Analyst Rating of Bronze, while the more expensive share classes are rated Neutral.
MFS Corporate Bond R1 MFBGX
NAV / 1-Day Return
15.07
/
0.72
%
Total Assets
6.2 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.530%
Expense Ratio
1.530%
Fee Level
High
Longest Manager Tenure
15.41
years
Category
Corporate Bond
Credit Quality / Interest Rate Sensitivity
Medium / ExtensiveMin. Initial Investment
0
Status
Open
TTM Yield
1.82%
Effective Duration
8.01
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will MFBGX 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 MFBGX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the MFBGX 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 MFBGX’s parent organization’s priorities and whether they’re in line with investors’ interests.
An attractive offering for corporate credit exposure.
