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Morningstar

MFS Global High Yield A MHOAX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 5.12  /  0.21 %
  • Total Assets 192.7 Mil
  • Adj. Expense Ratio
    1.060%
  • Expense Ratio 1.060%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 8.63%
  • Effective Duration 3.59 years

USD | NAV as of Sep 29, 2023 | 1-Day Return as of Sep 29, 2023, 10:17 PM GMT+0

Morningstar’s Analysis MHOAX

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

People Pillar

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

MFS Global High Yield A boasts strong People and Process Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at Neutral.

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 MHOAX

More MHOAX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 120
  • Other Holdings 17
  • % Assets in Top 10 Holdings 68.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MFS High Yield Pooled

64.15
120,517,974
—

EUR/USD FWD 20231020 Purchased

16.93
31,802,847
Derivative

Currency Cash CASH_USD

2.50
4,704,871
Cash and Equivalents

USD/GBP FWD 20231020 Purchased

2.25
4,223,924
Derivative

Nexi S.p.A. 2.13%

0.59
1,102,870
Corporate

Arena Luxembourg Finance S.a r.l. 1.88%

0.58
1,091,178
Corporate

Aegea Finance S.a r.l. 6.75%

0.58
1,090,599
Corporate

Dufry One B.V. 3.38%

0.53
1,001,357
Corporate

Cash Offset

0.53
991,430
—

Q-Park Holding I B.V. 1.5%

0.52
974,534
Corporate