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    MFS Corporate Bond A (MFBFX)

    13.59 Down 0.01(0.07%) Nov 24

    Profile as of Oct 30, 2015Get Profile for:
    MFS Corporate Bond A
    MFS Series Trust IX111 Huntington Avenue, 24th FloorBoston, MA 2199
    Phone: 800-225-2606
    Fund Overview 
    Category:Corporate Bond
    Fund Family:MFS
    Net Assets:2.76B
    Year-to-Date Return:0.88%
    Morningstar Rating:3 stars
    Fund Inception Date:May 8, 1974
    Morningstar Style Box 
    Corporate Bond
    [View Category Definition]
    View Top Corporate Bond Funds
    About the Morningstar Style Box
    Management Information 
    Richard O. Hawkins
    Lead Manager since Oct 1, 2005
    Richard O. Hawkins, CFA - Investment Officer - Fixed Income Portfolio Manager - Serves on MFS Fixed Income Strategy Group, Fixed Income Risk & Opportunities Group. - As an Investment Grade Fixed Income Portfolio Manager, responsible for final buy and sell decisions, portfolio construction, risk assessment and cash management. Participates in the research process and strategy discussions. - Joined MFS in 1988; previous positions include High Grade Credit Research Analyst; European Credit Research Analyst; International Sovereign and Currency Analyst. - Previous experience includes 2 years as Credit and Sovereign Analyst at Fidelity Investments; 5 years as International Lending Officer at Manufacturers Hanover Trust Company covering Brazil. - Affiliations include CFA Institute. - University of Pennsylvania, MBA, with distinction - Brown University, AB, Phi Beta Kappa
    Investment Information 
    Min Initial Investment:1,000
    Min Initial Investment, IRA:250
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    MFBFX can be purchased from 122 brokerages.

    Fund Summary 
    The investment seeks total return with an emphasis on current income, but also considering capital appreciation. The fund normally invests at least 80% of the fund's net assets in corporate debt instruments. It may also invest the fund's assets in U.S. government securities. The fund invests the majority of the fund's assets in investment grade quality debt instruments, but may also invest in below investment grade quality debt instruments.

    Fund Operations 
    Last Dividend (Oct 29, 2015) : 0.04
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Nov 22, 2015) : 29.00%
    Average for Category:91.99%
    Fees & Expenses 
    ExpenseMFBFXCategory Avg
    Annual Report Expense Ratio (net):0.82%0.85%
    Prospectus Net Expense Ratio:0.82%N/A
    Prospectus Gross Expense Ratio:0.82%N/A
    Max 12b1 Fee:0.25%N/A
    Max Front End Sales Load:4.25%4.03%
    Max Deferred Sales Load: N/A2.17%
    3 Yr Expense Projection*:676388
    5 Yr Expense Projection*:861599
    10 Yr Expense Projection*:1,3951,209
    * Per $10,000 invested