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Morningstar

MFS Global High Yield R1 MHORX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 5.51  /  0.00
  • Total Assets 204.1 Mil
  • Adj. Expense Ratio
    1.820%
  • Expense Ratio 1.820%
  • Distribution Fee Level High
  • Share Class Type Retirement, Small
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 3.78%
  • Effective Duration 3.05 years

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

Morningstar’s Analysis MHORX

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

  • People Pillar

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

Strength in MFS Global High Yield R1's Process Pillar is partially offset by an Average People Pillar rating, leading to a Morningstar Medalist Rating of Negative.

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 most expensive quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings MHORX

More MHORX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 70.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MFS High Yield Pooled

65.59 133.4 Mil
—

USD/EUR FWD 20240719 Purchased

18.25 37.1 Mil
Derivative

EUR/USD FWD 20240719 Purchased

1.88 3.8 Mil
Derivative

Currency Cash CASH_USD

1.71 3.5 Mil
Cash and Equivalents

USD/GBP FWD 20240719 Purchased

1.37 2.8 Mil
Derivative

EUR/USD FWD 20240719 Purchased

1.09 2.2 Mil
Derivative

ELO SA 4.88%

0.87 1.8 Mil
Corporate

USD/EUR FWD 20240719 Purchased

0.81 1.7 Mil
Derivative

EUR/USD FWD 20240719 Purchased

0.76 1.6 Mil
Derivative

Aegea Finance S.a r.l. 6.75%

0.67 1.4 Mil
Corporate