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Morningstar

MFS Total Return Bond B MRBBX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 8.91  /  0.77 %
  • Total Assets 7.1 Bil
  • Adj. Expense Ratio
    1.350%
  • Expense Ratio 1.350%
  • Distribution Fee Level Low
  • Share Class Type —
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 1,000
  • Status Closed
  • TTM Yield 3.42%
  • Effective Duration 6.23 years

USD | NAV as of Oct 04, 2023 | 1-Day Return as of Oct 04, 2023, 12:25 AM GMT+0

Morningstar’s Analysis MRBBX

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

People Pillar

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

MFS Co-CIO Bill Adams Will Retire Effective Sept. 30, 2024

null Elbie Louw

Elbie Louw

Analyst Note

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.

by Elbie Louw
Published on

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Portfolio Holdings MRBBX

More MRBBX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 1136
  • Other Holdings 12
  • % Assets in Top 10 Holdings 24.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4.25%

5.45
396,798,798
Government

Future on 2 Year Treasury Note

4.65
338,656,125
Government

Future on Ultra US Treasury Bond

4.54
330,943,531
Government

Future on 5 Year Treasury Note

4.45
324,306,470
Government

United States Treasury Notes 3.88%

1.77
129,194,493
Government

Currency Cash CASH_USD

1.65
120,453,663
Cash and Equivalents

United States Treasury Notes 0.88%

1.49
108,372,554
Government

Federal Home Loan Mortgage Corporation 2%

1.45
105,741,557
Securitized

United States Treasury Notes 0.75%

1.37
100,130,115
Government

United States Treasury Bonds 2.25%

0.91
66,171,409
Government