MFS Corporate Bond B (MFBBX)
| Fund Assets | 4.54B |
| Expense Ratio | 1.52% |
| Min. Investment | $1,000 |
| Turnover | 38.00% |
| Dividend (ttm) | 0.47 |
| Dividend Yield | 3.75% |
| Dividend Growth | 6.68% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 12.45 |
| YTD Return | 2.69% |
| 1-Year Return | 1.53% |
| 5-Year Return | -8.36% |
| 52-Week Low | 11.98 |
| 52-Week High | 12.81 |
| Beta (5Y) | n/a |
| Holdings | 428 |
| Inception Date | May 8, 1974 |
About MFBBX
MFS Corporate Bond Fund B is an actively managed mutual fund focused on providing total return, emphasizing current income while also considering capital appreciation. The fund primarily invests in U.S. dollar-denominated corporate bonds and related debt securities, with a strong focus on credit analysis rather than duration management as its core value-adding strategy. The portfolio is constructed through a blend of fundamental and quantitative analysis, incorporating both micro and macroeconomic factors, and aims to hold corporate bonds that exhibit solid or improving financial fundamentals. While the majority of assets are allocated to investment-grade bonds, there is some exposure to non-investment grade debt as well. The fund utilizes sophisticated risk management techniques and maintains both long and short positions, including positions in U.S. Treasury futures and large-cap corporate issuers across sectors such as financials, industrials, and manufacturing. The benchmark for performance comparison is the Bloomberg U.S. Credit Bond Index, which tracks the market of publicly issued U.S. corporate debt. Managed by MFS Investment Management since 1974, the fund plays a role in providing credit market exposure and income generation within a diversified investment portfolio.
Performance
MFBBX had a total return of 1.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.04%.
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 | $0.04026 | Aug 1, 2025 |
| Jun 30, 2025 | $0.04039 | Jul 1, 2025 |
| May 30, 2025 | $0.03931 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03916 | May 1, 2025 |
| Mar 31, 2025 | $0.03921 | Apr 1, 2025 |
| Feb 28, 2025 | $0.03928 | Mar 3, 2025 |