Skip to Content
Morningstar

MFS Global Opportunistic Bd R3 MGBMX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 7.88  /  −0.37 %
  • 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/Extensive
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 2.70%
  • Effective Duration 7.33 years

USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:14 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 sound investment process and strong management team 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

Unlock our full analysis with Morningstar Investor

Portfolio Holdings MGBMX

More MGBMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 1.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

EUR/USD FWD 20240419 Purchased

21.13 212.4 Mil
Derivative

Itraxx Eur Xover Ser 40 Receiver 350.00 MAY 15 24

6.97 70.0 Mil
Derivative

USD/GBP FWD 20240419 Purchased

6.72 67.6 Mil
Derivative

Itraxx Eur Xover Ser 40 Receiver 300.00 MAY 15 24

6.67 67.0 Mil
Derivative

KRW/USD NDF 20240426 Purchased

5.29 53.2 Mil
Derivative

Euro Bobl Future Mar 24

4.90 49.2 Mil
Government

NZD/USD FWD 20240419 Purchased

3.71 37.3 Mil
Derivative

USD/NZD FWD 20240419 Purchased

3.65 36.7 Mil
Derivative

Currency Cash CASH_USD

3.55 35.7 Mil
Cash and Equivalents

Itraxx Eur Xover Ser 40 Receiver 350.00 MAY 15 24

3.44 34.6 Mil
Derivative