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Morningstar

MFS Global High Yield B MHOBX

Morningstar Analyst Rating
Quantitative rating as of
  • NAV / 1-Day Return 5.22  /  0.20 %
  • Total Assets 188.4 Mil
  • Adj. Expense Ratio
    1.800%
  • Expense Ratio 1.810%
  • Distribution Fee Level Above Average
  • Share Class Type —
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment 1,000
  • Status Closed
  • TTM Yield 7.86%
  • Effective Duration 4.00 years

USD | NAV as of Jan 31, 2023 | 1-Day Return as of Jan 31, 2023, 11:16 PM GMT+00:00

Morningstar’s Analysis MHOBX

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

People Pillar

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

Summary

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MFS Global High Yield B boasts strong People and Process Pillar ratings, but other weaknesses hold this strategy's Morningstar Quantitative Rating at Neutral. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

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