Continue to site >
Trending ETFs

Name

As of 03/21/2022

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

MFS High Income Fund

EMHBX | Fund

$3.21

$1.95 B

0.00%

1.69%

Vitals

YTD Return

-6.1%

1 yr return

-1.2%

3 Yr Avg Return

3.2%

5 Yr Avg Return

2.7%

Net Assets

$1.95 B

Holdings in Top 10

9.6%

52 WEEK LOW AND HIGH

$3.2
$3.17
$3.47

Expenses

OPERATING FEES

Expense Ratio 1.69%

SALES FEES

Front Load N/A

Deferred Load 4.00%

TRADING FEES

Turnover 64.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$250

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/21/2022

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

MFS High Income Fund

EMHBX | Fund

$3.21

$1.95 B

0.00%

1.69%

EMHBX - Profile

Distributions

  • YTD Total Return -6.1%
  • 3 Yr Annualized Total Return 2.2%
  • 5 Yr Annualized Total Return 2.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.10%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    MFS High Income Fund
  • Fund Family Name
    MFS
  • Inception Date
    Jul 31, 2002
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    David Cole

Fund Description

MFS (Massachusetts Financial Services Company, the fund’s investment adviser) normally invests at least 80% of the fund’s net assets in high income debt instruments.

MFS may invest the fund’s assets in other types of debt instruments. Debt instruments include corporate bonds, foreign government securities, floating rate loans, and other obligations to repay money borrowed.

MFS may invest up to 100% of the fund’s assets in below investment grade quality debt instruments.

MFS may invest the fund’s assets in foreign securities.

MFS normally invests the fund’s assets across different industries and sectors, but MFS may invest a significant percentage of the fund’s assets in issuers in a single industry or sector.

While MFS may use derivatives for any investment purpose, to the extent MFS uses derivatives, MFS expects to use derivatives primarily to increase or decrease exposure to a particular market, segment of the market, or security, to increase or decrease interest rate exposure, or as alternatives to direct investments. Derivatives include futures, forward contracts, options, and swaps.

MFS uses an active bottom-up investment approach to buying and selling investments for the fund. Investments are selected primarily based on fundamental analysis of individual instruments and their issuers. Quantitative screening tools that systematically evaluate instruments may also be considered. In structuring the fund, MFS also considers top-down factors.

For purposes of the fund’s 80% policy, net assets include the amount of any borrowings for investment purposes.

Read More

EMHBX - Performance

Return Ranking - Trailing

Period EMHBX Return Category Return Low Category Return High Rank in Category (%)
YTD -6.1% -69.1% 10.5% 21.45%
1 Yr -1.2% -16.2% 44.9% 76.46%
3 Yr 3.2%* -18.4% 17.4% 79.70%
5 Yr 2.7%* -10.5% 13.4% 92.19%
10 Yr 3.8%* 0.9% 9.3% 91.03%

* Annualized

Return Ranking - Calendar

Period EMHBX Return Category Return Low Category Return High Rank in Category (%)
2023 -1.2% -75.1% 15.2% 77.75%
2022 0.0% -56.9% 399.1% 47.02%
2021 9.1% -61.3% 226.1% 17.65%
2020 -7.8% -49.0% 2.0% 37.86%
2019 1.2% -25.2% 18.8% 49.24%

Total Return Ranking - Trailing

Period EMHBX Return Category Return Low Category Return High Rank in Category (%)
YTD -6.1% -69.1% 10.5% 15.59%
1 Yr -5.0% -18.7% 52.4% 93.42%
3 Yr 2.2%* -18.4% 16.3% 88.86%
5 Yr 2.4%* -10.5% 12.7% 93.47%
10 Yr 3.8%* 0.9% 9.3% 89.91%

* Annualized

Total Return Ranking - Calendar

Period EMHBX Return Category Return Low Category Return High Rank in Category (%)
2023 -1.2% -75.1% 15.2% 77.88%
2022 0.0% -56.9% 399.1% 47.02%
2021 9.1% -61.3% 226.1% 19.66%
2020 -7.8% -49.0% 2.0% 48.85%
2019 1.2% -25.2% 18.8% 62.10%

NAV & Total Return History


EMHBX - Holdings

Concentration Analysis

EMHBX Category Low Category High EMHBX % Rank
Net Assets 1.95 B 1.43 M 27.7 B 20.58%
Number of Holdings 372 1 2609 42.31%
Net Assets in Top 10 65.7 M -491 M 2.77 B 41.11%
Weighting of Top 10 9.63% 2.8% 100.0% 66.14%

Top 10 Holdings

  1. 10 Year Treasury Note Future Mar 22 3.33%
  2. 10 Year Treasury Note Future Mar 22 3.33%
  3. 10 Year Treasury Note Future Mar 22 3.33%
  4. 10 Year Treasury Note Future Mar 22 3.33%
  5. 10 Year Treasury Note Future Mar 22 3.33%
  6. 10 Year Treasury Note Future Mar 22 3.33%
  7. 10 Year Treasury Note Future Mar 22 3.33%
  8. 10 Year Treasury Note Future Mar 22 3.33%
  9. 10 Year Treasury Note Future Mar 22 3.33%
  10. 10 Year Treasury Note Future Mar 22 3.33%

Asset Allocation

Weighting Return Low Return High EMHBX % Rank
Bonds
93.92% 0.00% 154.38% 55.33%
Cash
5.40% -49.47% 100.00% 21.75%
Convertible Bonds
0.59% 0.00% 44.61% 68.51%
Other
0.05% -63.70% 32.06% 18.27%
Stocks
0.04% -12.59% 52.73% 63.47%
Preferred Stocks
0.00% 0.00% 13.16% 54.93%

Bond Sector Breakdown

Weighting Return Low Return High EMHBX % Rank
Corporate
93.12% 0.00% 100.00% 59.69%
Cash & Equivalents
5.14% 0.00% 100.00% 29.36%
Government
1.60% 0.00% 98.78% 15.88%
Derivative
0.11% 0.00% 46.94% 24.91%
Municipal
0.04% 0.00% 1.17% 6.26%
Securitized
0.00% 0.00% 96.59% 54.15%

Bond Geographic Breakdown

Weighting Return Low Return High EMHBX % Rank
US
79.24% -131.66% 145.03% 57.69%
Non US
14.68% 0.00% 133.67% 35.22%

EMHBX - Expenses

Operational Fees

EMHBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.69% 0.02% 4.74% 14.32%
Management Fee 0.46% 0.00% 1.84% 22.91%
12b-1 Fee 1.00% 0.00% 1.00% 81.20%
Administrative Fee 0.05% 0.00% 0.50% 21.30%

Sales Fees

EMHBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load 4.00% 0.00% 5.50% 3.94%

Trading Fees

EMHBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

EMHBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 64.00% 1.00% 327.00% 45.87%

EMHBX - Distributions

Dividend Yield Analysis

EMHBX Category Low Category High EMHBX % Rank
Dividend Yield 0.00% 0.00% 34.04% 30.67%

Dividend Distribution Analysis

EMHBX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

EMHBX Category Low Category High EMHBX % Rank
Net Income Ratio 3.10% -2.39% 9.30% 93.05%

Capital Gain Distribution Analysis

EMHBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Semi-Monthly

Distributions History

View More +

EMHBX - Fund Manager Analysis

Managers

David Cole


Start Date

Tenure

Tenure Rank

Oct 09, 2006

15.4

15.4%

David P. Cole, CFA, is an Investment Officer of MFS Investment Management® (MFS®) and Portfolio Manager at the firm. David employed in the investment area of MFS since 2004 after working for five years as a High Yield Analyst for Franklin Templeton Investments. Prior to this, he served as a financial economist/treasury market analyst for Thomson Financial Services and two years as an economist for Standard and Poor's. David has a bachelor's degree from Cornell University and an MBA from University of California, Berkeley. He holds the Chartered Financial Analyst (CFA) designation.

Michael Skatrud


Start Date

Tenure

Tenure Rank

Mar 01, 2018

4.0

4.0%

Michael Skatrud, CFA, is an investment officer and fixed income research analyst at MFS Investment Management (MFS). He is responsible for identifying the most attractive investment opportunities in his assigned coverage universe and he works closely with portfolio managers to ensure ideas are properly positioned within portfolios. Michael joined MFS in 2013 from Columbia Management, where he had worked as a high yield analyst for four years. Previously, he was a senior credit analyst at Oppenheimer Funds, Inc., for two years and spent seven years as a corporate bond analyst at Putnam Investments. He began his career in the financial services industry in 1996. Michael earned a Bachelor of Science from the University of Wisconsin and holds a Master of Business Administration from the University of Pennsylvania's Wharton School of Business. He is a CFA charter holder and a member of the CFA Society Boston.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 37.63 6.64 2.75