About MCBFX
MFS Core Bond Fund I is an actively managed mutual fund specializing in investment-grade bonds. Its primary objective is to achieve total return with a strong focus on generating current income while also considering prospects for capital appreciation. The fund strategically allocates at least 80% of its net assets to a diversified mix of investment-grade debt instruments, including U.S. Treasury securities, corporate bonds, mortgage-backed securities, and asset-backed securities.
Managed through a collaborative process that integrates macroeconomic, security-specific, and technical analysis, the fund aims to add value through asset allocation, security selection, and yield curve positioning. The portfolio is characterized by significant allocations to U.S. Treasuries and high-quality corporate bonds, alongside mortgage and other securitized debt, providing a core fixed-income exposure suitable for investors seeking income and relative stability.
MFS Core Bond Fund I measures its performance against the Bloomberg U.S. Aggregate Bond Index, reflecting its comprehensive approach to representing the U.S. bond market. With a monthly income distribution and a history of steady performance since its inception in 2022, this fund plays a crucial role for investors seeking broad-based, investment-grade fixed-income exposure in their portfolios.
Fund Family MFS
Category Intermediate Core Bond
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol MCBFX
Share Class I
Index Index is not provided by Management Company
MCBFX had a total return of 4.19% in the past year, including dividends.
Since the fund's inception, the average annual return has been 4.04%.
