MFS Corporate Bond A (MFBFX)
| Fund Assets | 4.54B |
| Expense Ratio | 0.77% |
| Min. Investment | $1,000 |
| Turnover | 38.00% |
| Dividend (ttm) | 0.56 |
| Dividend Yield | 4.31% |
| Dividend Growth | 5.96% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 12.47 |
| YTD Return | 2.57% |
| 1-Year Return | 1.48% |
| 5-Year Return | -5.55% |
| 52-Week Low | 12.00 |
| 52-Week High | 12.83 |
| Beta (5Y) | n/a |
| Holdings | 428 |
| Inception Date | May 8, 1974 |
About MFBFX
MFS Corporate Bond Fund Class A is an open-end mutual fund specializing in investment-grade and select high-yield corporate debt securities. Its primary objective is to generate a total return with strong emphasis on providing current income, while also considering opportunities for capital appreciation. The fund is managed by an experienced team employing both fundamental and quantitative research, focusing on credit quality rather than interest rate sensitivity to identify bonds with solid or improving fundamentals. Typically, it invests at least 80% of its net assets in corporate debt instruments, but may also allocate assets to U.S. government and select foreign securities to enhance diversification. The fund’s portfolio is well diversified across hundreds of issuers and sectors, with an average effective duration of approximately 6.6 years, balancing income generation with moderate interest rate risk. Monthly income distribution and a large asset base underscore its role as a core fixed income holding for investors seeking stability and consistent income within the broader credit markets. Established in 1974, the MFS Corporate Bond Fund Class A plays a significant role in the fixed income landscape for individual and institutional investors alike.
Performance
MFBFX had a total return of 1.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.28%.
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 | $0.04804 | Aug 1, 2025 |
| Jun 30, 2025 | $0.04803 | Jul 1, 2025 |
| May 30, 2025 | $0.04701 | Jun 2, 2025 |
| Apr 30, 2025 | $0.04693 | May 1, 2025 |
| Mar 31, 2025 | $0.04696 | Apr 1, 2025 |
| Feb 28, 2025 | $0.04702 | Mar 3, 2025 |