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    MFS Emerging Markets Debt I (MEDIX)

    14.35 Up 0.01(0.07%) May 31

    Profile as of Apr 29, 2016Get Profile for:
    MFS Emerging Markets Debt I
    Phone: 800-225-2606
    Fund Overview 
    Category:Emerging Markets Bond
    Fund Family:MFS
    Net Assets:4.07B
    Year-to-Date Return:6.42%
    Morningstar Rating:4 stars
    Fund Inception Date:Mar 17, 1998
    Morningstar Style Box 
    Emerging Markets Bond
    [View Category Definition]
    View Top Emerging Markets Bond Funds
    About the Morningstar Style Box
    Management Information 
    Ward W. Brown
    Lead Manager since Jul 1, 2008
    Ward Brown, CFA, Ph.D., is an investment officer and fixed income portfolio manager at MFS Investment Management® (MFS®). He is a member of the Emerging Markets Debt team, and his duties include managing the firm's emerging market debt strategies in addition to conducting macroeconomic research and individual credit analysis. Ward joined MFS in 2005 as a fixed-income research analyst and was named portfolio manager in 2008. Prior to joining MFS, he served as an economist for the International Monetary Fund for eight years. Ward spent four years as a research and teaching assistant for the Financial Markets Group at the London School of Economics and Political Science and later served as a lecturer at the school in the Economics Department. Ward earned his bachelor's degree from McGill University and holds a master's and a doctoral degree in Economics from the London School of Economics and Political Science. He holds the Chartered Financial Analyst designation.
    Investment Information 
    Min Initial Investment:0
    Min Initial Investment, IRA:N/A
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    MEDIX can be purchased from 58 brokerages.

    Fund Summary 
    The investment seeks total return with an emphasis on high current income, but also considering capital appreciation. The fund normally invests at least 80% of its net assets in debt instruments of issuers that are tied economically to emerging market countries. Emerging market countries are countries whose financial and capital markets are in the development phase and include countries located in Latin America, Asia, Africa, the Middle East, and developing countries of Europe, primarily Eastern Europe. It may invest up to 100% of the fund's assets in below investment grade quality debt instruments.

    Fund Operations 
    Last Dividend (Apr 28, 2016) : 0.06
    Last Cap Gain : 0.00
    Annual Holdings Turnover (May 26, 2016) : 55.00%
    Average for Category:100.86%
    Fees & Expenses 
    ExpenseMEDIXCategory Avg
    Annual Report Expense Ratio (net):0.84%1.16%
    Prospectus Net Expense Ratio:0.84%N/A
    Prospectus Gross Expense Ratio:0.87%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A4.00%
    Max Deferred Sales Load: N/A1.56%
    3 Yr Expense Projection*:275605
    5 Yr Expense Projection*:4791,018
    10 Yr Expense Projection*:1,0702,097
    * Per $10,000 invested