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 R2 MTRRX
- NAV / 1-Day Return 19.10 / −0.05 %
- Total Assets 7.6 Bil
-
Adj. Expense Ratio
0.980%
- Expense Ratio 0.980%
- Distribution Fee Level Low
- Share Class Type Retirement, Medium
- Category Moderate Allocation
- Investment Style Large Value
- Credit Quality / Interest Rate Sensitivity High/Moderate
- Status Open
- TTM Yield 2.07%
- Turnover 43%
USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:16 PM GMT+0
Morningstar’s Analysis MTRRX
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- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 20.1
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
United States Treasury Notes 0.38% | 2.41 | 186.4 Mil | Government |
The Goldman Sachs Group Inc | 2.38 | 183.9 Mil | Financial Services |
JPMorgan Chase & Co | 2.27 | 175.5 Mil | Financial Services |
5 Year Treasury Note Future June 24 | 2.14 | 165.6 Mil | Government |
2 Year Treasury Note Future June 24 | 1.97 | 152.3 Mil | Government |
Microsoft Corp | 1.86 | 143.5 Mil | Technology |
Charles Schwab Corp | 1.83 | 141.2 Mil | Financial Services |
Comcast Corp Class A | 1.76 | 135.7 Mil | Communication Services |
Eaton Corp PLC | 1.75 | 135.0 Mil | Industrials |
The Cigna Group | 1.74 | 134.7 Mil | Healthcare |