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 I MTRIX
- NAV / 1-Day Return 20.10 / +1.01 %
- Total Assets 7.8 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.480%
- Distribution Fee Level Low
- Share Class Type Institutional
- Category Moderate Allocation
- Investment Style Large Value
- Credit Quality / Interest Rate Sensitivity —
- Status Open
- TTM Yield 2.63%
- Turnover 43%
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0
Morningstar’s Analysis MTRIX
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People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 19.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
2 Year Treasury Note Future Sept 24 | 2.58 | 198.9 Mil | Government |
The Goldman Sachs Group Inc | 2.30 | 177.5 Mil | Financial Services |
5 Year Treasury Note Future Sept 24 | 2.14 | 165.1 Mil | Government |
JPMorgan Chase & Co | 2.13 | 164.4 Mil | Financial Services |
United States Treasury Notes 0.38% | 2.10 | 161.9 Mil | Government |
Charles Schwab Corp | 1.94 | 149.7 Mil | Financial Services |
Microsoft Corp | 1.87 | 143.9 Mil | Technology |
The Cigna Group | 1.65 | 127.2 Mil | Healthcare |
Bank of America Corp | 1.59 | 122.7 Mil | Financial Services |
Comcast Corp Class A | 1.54 | 119.2 Mil | Communication Services |