Morningstar

MFS Global Opportunistic Bd R1 MGBKX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 8.28  /  −0.12 %
  • Total Assets 1.0 Bil
  • Adj. Expense Ratio
    1.700%
  • Expense Ratio 1.700%
  • Distribution Fee Level High
  • Share Class Type Retirement, Small
  • Category Global Bond-USD Hedged
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 2.45%
  • Effective Duration 7.33 years

USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:13 PM GMT+0

Morningstar’s Analysis MGBKX

Will MGBKX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MGBKX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MGBKX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MGBKX’s parent organization’s priorities and whether they’re in line with investors’ interests.

MFS Global Opportunistic Bd R1 boasts strong Process and People Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings MGBKX

More MGBKX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 27.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

USD/EUR FWD 20241018 Purchased

29.66 307.2 Mil
Derivative

Euro Bobl Future Sept 24

11.49 119.0 Mil
Government

2 Year Treasury Note Future Dec 24

11.18 115.8 Mil
Government

USD/CAD FWD 20241018 Purchased

6.75 69.9 Mil
Derivative

USD/JPY FWD 20241018 Purchased

6.05 62.7 Mil
Derivative

USD/KRW NDF 20241101 Purchased

5.00 51.8 Mil
Derivative

Japan (Government Of) 2.4%

4.26 44.1 Mil
Government

USD/CNH FWD 20241018 Purchased

3.57 37.0 Mil
Derivative

5 Year Treasury Note Future Dec 24

3.09 32.1 Mil
Government

USD/GBP FWD 20241018 Purchased

2.98 30.8 Mil
Derivative

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