MFS has announced that Jake Stone will join MFS Inflation-Adjusted Bond as a comanager starting in August 2024. Stone will work alongside current lead manager Erik Weisman and comanager Geoffrey Schechter until the latter's retirement in September 2025. At that point, Stone will formally take over Schechter's responsibilities here, including the management of its small off-benchmark credit sleeve. There will be no change to lead manager Erik Weisman's responsibilities: He will continue to have primary responsibility for the strategy's inflation, yield-curve, duration, and overall credit risk positioning. Given Weisman's continued presence and the long handover period between Schechter and Stone, we do not expect this change to be disruptive to the management of the strategy. We reaffirm its current People and Process ratings of Average.
MFS Inflation-Adjusted Bond R1 MIALX
- NAV / 1-Day Return 8.93 / +0.34 %
- Total Assets 1.5 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.490%
- Distribution Fee Level High
- Share Class Type Retirement, Small
- Category Inflation-Protected Bond
- Credit Quality / Interest Rate Sensitivity High/Moderate
- Min. Initial Investment —
- Status Open
- TTM Yield 3.38%
- Effective Duration 6.93 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0
Morningstar’s Analysis MIALX
Will MIALX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 59.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Notes 0.88% | 16.51 | 250.4 Mil | Government |
United States Treasury Notes 0.13% | 11.79 | 178.8 Mil | Government |
Usd Cpi 2Yr Receiver 2.189 Feb 08 26 | 10.64 | 161.4 Mil | — |
Usd Cpi 2Yr Receiver 2.482 Mar 19 26 | 10.58 | 160.5 Mil | — |
United States Treasury Notes 0.13% | 10.06 | 152.6 Mil | Government |
United States Treasury Notes 0.13% | 7.99 | 121.2 Mil | Government |
United States Treasury Bonds 0.75% | 7.09 | 107.5 Mil | Government |
United States Treasury Notes 0.63% | 5.94 | 90.1 Mil | Government |
United States Treasury Notes 0.38% | 5.68 | 86.2 Mil | Government |
United States Treasury Bonds 3.63% | 4.39 | 66.6 Mil | Government |