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Morningstar

MFS Global Opportunistic Bd R2 MGBLX

Morningstar Analyst Rating
Quantitative rating as of
  • NAV / 1-Day Return 8.01  /  0.38 %
  • Total Assets 963.0 Mil
  • Adj. Expense Ratio
    1.190%
  • Expense Ratio 1.200%
  • Distribution Fee Level Average
  • Share Class Type Retirement, Medium
  • Category Global Bond-USD Hedged
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 1.35%
  • Effective Duration 6.23 years

USD | NAV as of Feb 02, 2023 | 1-Day Return as of Feb 02, 2023, 11:16 PM GMT+00:00

Morningstar’s Analysis MGBLX

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

People Pillar

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

Summary

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Strength in MFS Global Opportunistic Bd R2's Process Pillaris partially offset by an Average People Pillar rating, leading to a Morningstar Quantitative Rating of Neutral. 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.

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