This strategy, which includes the U.S.-sold MFS Limited Maturity as well as the UCITS MFS Meridian Limited Maturity, boasts a capable management team backed by a growing contingent of credit analysts. Thanks to recent investments in its research capabilities, its Process Pillar receives an upgrade from Average to Above Average. As a result, the U.S.-sold I, R4, and R6 share classes, as well as the UCITS I1 share class, receive Morningstar Analyst Ratings of Bronze. The strategy's more expensive share classes receive Neutral or Negative ratings.
MFS Limited Maturity R2 MLMRX
NAV / 1-Day Return
5.98
/
0.16
%
Total Assets
3.0 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.840%
Expense Ratio
0.840%
Fee Level
Low
Longest Manager Tenure
4.99
years
Category
Short-Term Bond
Credit Quality / Interest Rate Sensitivity
Medium / LimitedMin. Initial Investment
0
Status
Open
TTM Yield
1.16%
Effective Duration
1.83
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will MLMRX 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 MLMRX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the MLMRX 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 MLMRX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Our conviction in this strategy has grown.
