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.
- NAV / 1-Day Return 18.65 / 0.11 %
- Total Assets 7.5 Bil
-
Adj. Expense Ratio
0.970%
- Expense Ratio 0.970%
- Distribution Fee Level Low
- Share Class Type Retirement, Medium
- Category Moderate Allocation
- Investment Style Large Value
- Credit Quality / Interest Rate Sensitivity Medium / Moderate
- Status Open
- TTM Yield 1.95%
- Turnover 88%
Morningstar’s Analysis MTRRX
Will MTRRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings 89
- Bond Holdings 954
- Other Holdings 6
- % Assets in Top 10 Holdings 19.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
Future on 5 Year Treasury Note
2.77
217,913,439
Government
United States Treasury Notes 0.38%
2.31
181,721,795
Government