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Morningstar

MFS Corporate Bond R3 MFBHX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 11.68  /  0.68 %
  • Total Assets 4.2 Bil
  • Adj. Expense Ratio
    0.770%
  • Expense Ratio 0.770%
  • Distribution Fee Level Below Average
  • Share Class Type Retirement, Medium
  • Category Corporate Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 3.68%
  • Effective Duration 6.99 years

USD | NAV as of Sep 25, 2023 | 1-Day Return as of Sep 25, 2023, 10:12 PM GMT+0

Morningstar’s Analysis MFBHX

Will MFBHX 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 MFBHX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the MFBHX 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 MFBHX’s parent organization’s priorities and whether they’re in line with investors’ interests.

MFS Co-CIO Bill Adams Will Retire Effective Sept. 30, 2024

null Elbie Louw

Elbie Louw

Analyst Note

MFS has announced that co-CIO of fixed income Bill Adams will retire from the firm effective Sept. 30, 2024. Adams was sole fixed-income CIO at MFS until March 1, 2023, when Pilar Gomez-Bravo and Alexander Mackey joined him as co-CIOs and the trio started to share responsibilities. The shift to a co-CIO structure was intended to support strong communication and collaboration across a growing worldwide team and provide continuity over the longer term. At that stage, Adams had not shared any retirement plans.

by Elbie Louw
Published on

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Portfolio Holdings MFBHX

More MFBHX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 361
  • Other Holdings 4
  • % Assets in Top 10 Holdings 11.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Future on 2 Year Treasury Note

11.15
483,011,344
Government

Future on Ultra US Treasury Bond

2.85
123,492,312
Government

United States Treasury Bonds 2.38%

2.47
107,058,678
Government

Currency Cash CASH_USD

1.38
59,782,833
Cash and Equivalents

United States Treasury Bonds 2.88%

1.00
43,510,864
Government

Morgan Stanley 3.62%

0.83
35,931,224
Corporate

Nordea Bank ABP 1.5%

0.80
34,561,369
Corporate

Marriott International, Inc. 4%

0.71
30,558,531
Corporate

The Boeing Company 5.81%

0.69
29,850,865
Corporate

CBRE Services Inc 5.95%

0.64
27,682,212
Corporate