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 Total Return Bond I MRBIX
- NAV / 1-Day Return 9.17 / −0.31 %
- Total Assets 7.6 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.450%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category Intermediate Core-Plus Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment —
- Status Open
- TTM Yield 4.24%
- Effective Duration 6.15 years
USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:14 PM GMT+0
Morningstar’s Analysis MRBIX
Will MRBIX 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 26.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Notes 4.13% | 5.58 | 430.6 Mil | Government |
Ultra US Treasury Bond Future June 24 | 4.36 | 336.8 Mil | Government |
United States Treasury Notes 4.38% | 2.83 | 218.3 Mil | Government |
2 Year Treasury Note Future June 24 | 2.73 | 210.8 Mil | Government |
United States Treasury Notes 5% | 2.61 | 201.3 Mil | Government |
United States Treasury Bonds 4.75% | 2.43 | 187.8 Mil | Government |
5 Year Treasury Note Future June 24 | 1.79 | 138.5 Mil | Government |
United States Treasury Notes 0.88% | 1.44 | 110.9 Mil | Government |
United States Treasury Bonds 4.38% | 1.31 | 101.2 Mil | Government |
Federal Home Loan Mortgage Corp. 2% | 1.31 | 100.9 Mil | Securitized |