MFS Corporate Bond Fund (MBDIX)
| Fund Assets | 4.54B |
| Expense Ratio | 0.52% |
| Min. Investment | $1,000 |
| Turnover | 38.00% |
| Dividend (ttm) | 0.59 |
| Dividend Yield | 4.74% |
| Dividend Growth | 5.76% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 12.46 |
| YTD Return | 2.69% |
| 1-Year Return | 1.32% |
| 5-Year Return | -5.02% |
| 52-Week Low | 11.99 |
| 52-Week High | 12.81 |
| Beta (5Y) | n/a |
| Holdings | 428 |
| Inception Date | May 8, 1974 |
About MBDIX
MFS Corporate Bond Fund Class I is a mutual fund designed to provide investors with total return, placing a strong emphasis on current income while also considering capital appreciation. The fund primarily invests in a diversified portfolio of corporate bonds, with at least 80% of its net assets typically allocated to fixed income securities issued by corporations with solid or improving fundamentals. It differentiates itself by focusing on credit quality rather than duration to enhance value, and employs a combination of fundamental and quantitative risk management techniques, including both micro- and macroeconomic analysis. The majority of its holdings are investment-grade corporate bonds, complemented by allocations to U.S. Treasuries, high-yield corporates, and select exposures to emerging market debt, securitized assets, and cash equivalents. The fund uses the Bloomberg U.S. Credit Bond Index as its primary benchmark, reflecting its alignment with the broader corporate credit market. This fund plays a significant role for investors seeking diversified credit exposure and income generation within the fixed income sector of the financial markets, underpinned by a disciplined approach to risk and fundamental analysis.
Performance
MBDIX had a total return of 1.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.94%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIKOX | Fidelity | Fidelity Advisor Corporate Bond Fund - Class Z | 0.36% |
| FCCCX | Fidelity | Fidelity Advisor Corporate Bond Fund - Class C | 1.54% |
| FCBAX | Fidelity | Fidelity Advisor Corporate Bond Fund - Class A | 0.77% |
| FCBTX | Fidelity | Fidelity Advisor Corporate Bond Fund - Class M | 0.82% |
| FCBIX | Fidelity | Fidelity Advisor Corporate Bond Fund - Class I | 0.50% |
Top 10 Holdings
11.98% of assets| Name | Symbol | Weight |
|---|---|---|
| 2 Year Treasury Note Future Sept 25 | n/a | 3.33% |
| US Treasury Bond Future Sept 25 | n/a | 2.48% |
| Ultra US Treasury Bond Future Sept 25 | n/a | 1.41% |
| UBS Group AG 3.13% | UBS.V3.126 08.13.30 144A | 0.75% |
| Currency Cash CASH_USD | n/a | 0.73% |
| JPMorgan Chase & Co. 2.55% | JPM.V2.545 11.08.32 | 0.72% |
| The Boeing Company 5.81% | BA.5.805 05.01.50 | 0.71% |
| United States Treasury Bonds 0% | T.5 05.15.45 | 0.70% |
| JPMorgan Chase & Co. 6.07% | JPM.V6.07 10.22.27 | 0.58% |
| Bermuda (Government of) 5% | BERMUD.5 07.15.32 144A | 0.57% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.05052 | Aug 1, 2025 |
| Jun 30, 2025 | $0.05051 | Jul 1, 2025 |
| May 30, 2025 | $0.04951 | Jun 2, 2025 |
| Apr 30, 2025 | $0.04942 | May 1, 2025 |
| Mar 31, 2025 | $0.04944 | Apr 1, 2025 |
| Feb 28, 2025 | $0.04949 | Mar 3, 2025 |