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MFS High Income Fund (MIHRX)

Nasdaq - Nasdaq Delayed Price. Currency in USD
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3.0100+0.0200 (+0.67%)
At close: 08:00PM EDT

MFS High Income Fund

Boston, MA 2199

111 Huntington Avenue, 24th Floor

MFS Series Trust III

1-800-637-2929
Management Information
,Lead Manager since February 28, 2018
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.
Morningstar Style Box
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Morningstar Category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Fund Overview

CategoryHigh Yield Bond
Fund FamilyMFS
Net Assets1.8B
YTD Return0.76%
Yield5.55%
Morningstar Rating★★
Inception DateJan 1, 1997

Fund Operations

Last Dividend0.04
Last Cap Gain-15.00
Holdings Turnover48.00%
Average for CategoryN/A

Fees & Expenses

ExpenseMIHRXCategory Average
Annual Report Expense Ratio (net)0.63%0.95%
Prospectus Net Expense Ratio0.63%N/A
Prospectus Gross Expense Ratio0.64%N/A
Max 12b1 FeeN/AN/A
Max Front End Sales LoadN/A3.88%
Max Deferred Sales LoadN/A1.28%
3 Yr Expense Projection0N/A
5 Yr Expense Projection0N/A
10 Yr Expense Projection0N/A