MFS has announced that co-CIO of fixed income Bill Adams will retire from the firm effective Sept. 30, 2024. Adams was sole fixed-income CIO at MFS until March 1, 2023, when Pilar Gomez-Bravo and Alexander Mackey joined him as co-CIOs and the trio started to share responsibilities. The shift to a co-CIO structure was intended to support strong communication and collaboration across a growing worldwide team and provide continuity over the longer term. At that stage, Adams had not shared any retirement plans.
MFS Limited Maturity B MQLBX
- NAV / 1-Day Return 5.77 / +0.03 %
- Total Assets 2.8 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.320%
- Distribution Fee Level Low
- Share Class Type —
- Category Short-Term Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 1,000
- Status Closed
- TTM Yield 2.79%
- Effective Duration 2.03 years
USD | NAV as of Mar 29, 2024 | 1-Day Return as of Mar 29, 2024, 12:14 AM GMT+0
Morningstar’s Analysis MQLBX
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People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 33.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Notes 4.13% | 10.05 | 279.2 Mil | Government |
United States Treasury Notes 4.63% | 8.13 | 225.8 Mil | Government |
United States Treasury Notes 4.5% | 6.49 | 180.4 Mil | Government |
2 Year Treasury Note Future June 24 | 5.05 | 140.3 Mil | Government |
Currency Cash CASH_USD | 2.65 | 73.7 Mil | Cash and Equivalents |
Thermo Fisher Scientific Inc 1.22% | 0.89 | 24.7 Mil | Corporate |
Element Fleet Management Corp 1.6% | 0.88 | 24.5 Mil | Cash and Equivalents |
Bank of America Corp. 1.73% | 0.75 | 20.9 Mil | Corporate |
Microchip Technology Incorporated 0.98% | 0.64 | 17.8 Mil | Corporate |
Entergy Louisiana, LLC 0.95% | 0.63 | 17.5 Mil | Corporate |