About DVRBX
MFS Global Alternative Strategy Fund Class B is a mutual fund designed to pursue total return that meets or exceeds 2-4% over the ICE BofA 0-3 Month U.S. Treasury Bill Index, net of fund expenses, over a full market cycle, with reduced dependence on favorable equity or fixed income conditions. It employs a flexible, multi-strategy approach that separates active security selection from tactical allocations across global equity, fixed income, and currency markets, aiming for consistent returns and lower correlation to traditional asset classes. The fund invests primarily in equity securities, cash equivalents, and approximately 20% in debt instruments, utilizing derivative overlays for long/short positions and net exposure adjustments in regions such as U.S. small/mid cap, Europe ex-U.K., Japan, emerging markets, and Asia/Pacific ex-Japan. Key holdings include cash offsets, government bond futures, and currency forwards. As a Class B share class, it features a contingent deferred sales charge that declines from 4% to 0% over six years. This fund serves investors seeking alternative strategies within the macro trading category, managed by MFS Investment Management.
Fund Family MFS
Category Macro Trading
Stock Exchange NASDAQ
Ticker Symbol DVRBX
Share Class B
Index Bloomberg U.S. Treasury 1-3 Y TR
DVRBX had a total return of 7.83% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.68%.
