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MFS Emerging Markets Debt I (MEDIX)

15.24 Down 0.01(0.07%) Aug 22

Profile as of Jul 30, 2014Get Profile for:
MFS Emerging Markets Debt I
111 Huntington Avenue24th Floor
Phone: 800-225-2606
Fund Overview 
Category:Emerging Markets Bond
Fund Family:MFS
Net Assets:6.17B
Year-to-Date Return:7.96%
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 50 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 include countries located in Latin America, Asia, Africa, the Middle East, and developing countries of Europe, primarily Eastern Europe. It is non-diversified.

Fund Operations 
Last Dividend (Jul 30, 2014) : 0.06
Last Cap Gain : 0.00
Annual Holdings Turnover (Aug 20, 2014) : 66.00%
Average for Category:80.05%
Fees & Expenses 
ExpenseMEDIXCategory Avg
Annual Report Expense Ratio (net):0.87%1.21%
Prospectus Net Expense Ratio:0.88%N/A
Prospectus Gross Expense Ratio:0.91%N/A
Max 12b1 Fee:N/AN/A
Max Front End Sales Load:N/A4.15%
Max Deferred Sales Load: N/A1.57%
3 Yr Expense Projection*:279634
5 Yr Expense Projection*:4861,068
10 Yr Expense Projection*:1,0822,189
* Per $10,000 invested