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Morningstar

MFS High Income R2 MIHRX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 3.07  /  +0.37 %
  • Total Assets 1.8 Bil
  • Adj. Expense Ratio
    1.120%
  • Expense Ratio 1.120%
  • Distribution Fee Level Average
  • Share Class Type Retirement, Medium
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 5.68%
  • Effective Duration 2.96 years

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

Morningstar’s Analysis MIHRX

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

  • People Pillar

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

MFS High Income R2's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of 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
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Portfolio Holdings MIHRX

More MIHRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Currency Cash CASH_USD

3.79 68.9 Mil
Cash and Equivalents

Invesco Senior Loan ETF

1.47 26.7 Mil
—

USD/EUR FWD 20240719 Purchased

1.38 25.1 Mil
Derivative

CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.75%

0.85 15.4 Mil
Corporate

FMG Resources (August 2006) Pty Ltd. 4.38%

0.83 15.1 Mil
Corporate

Global Aircraft Leasing Co Ltd 6.5%

0.72 13.1 Mil
Cash and Equivalents

Ziggo Bond Company B.V. 5.13%

0.69 12.5 Mil
Corporate

SS&C Technologies, Inc. 5.5%

0.63 11.4 Mil
Corporate

Trimas Corporation 4.13%

0.63 11.4 Mil
Corporate

Hilton Domestic Operating Co Inc. 4.88%

0.62 11.3 Mil
Corporate