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Morningstar

MFS Global Opportunistic Bd R3 MGBMX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 8.06  /  +0.27 %
  • Total Assets 1.0 Bil
  • Adj. Expense Ratio
    0.950%
  • Expense Ratio 0.950%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Medium
  • Category Global Bond-USD Hedged
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 3.21%
  • Effective Duration 7.13 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis MGBMX

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

  • People Pillar

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

A strong management team and sound investment process underpin MFS Global Opportunistic Bd R3's Morningstar Medalist Rating of Bronze.

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 second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MGBMX

More MGBMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 17.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

EUR/USD FWD 20240719 Purchased

26.29 268.0 Mil
Derivative

Euro Bobl Future Sept 24

10.70 109.1 Mil
Government

USD/CAD FWD 20240719 Purchased

6.61 67.4 Mil
Derivative

USD/KRW NDF 20240726 Purchased

5.09 51.9 Mil
Derivative

2 Year Treasury Note Future Sept 24

4.47 45.5 Mil
Government

USD/CNH FWD 20240719 Purchased

3.74 38.1 Mil
Derivative

JPY/USD FWD 20240719 Purchased

3.67 37.4 Mil
Derivative

USD/GBP FWD 20240719 Purchased

3.66 37.3 Mil
Derivative

Japan (Government Of) 2.4%

3.55 36.2 Mil
Government

Korea (Republic Of) 1.88%

2.75 28.0 Mil
Government