MFS Corporate Bond Fund Class R1 (MFBGX)
| Fund Assets | 4.56B |
| Expense Ratio | 1.52% |
| Min. Investment | $1,000 |
| Turnover | 38.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 3.88% |
| Dividend Growth | 4.04% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 12.33 |
| YTD Return | -0.66% |
| 1-Year Return | 3.57% |
| 5-Year Return | -3.12% |
| 52-Week Low | 11.98 |
| 52-Week High | 12.71 |
| Beta (5Y) | 0.37 |
| Holdings | 430 |
| Inception Date | Apr 1, 2005 |
About MFBGX
MFS Corporate Bond Fund Class R1 is a U.S.-domiciled mutual fund focused on investment-grade corporate fixed income securities. Its primary objective is to achieve total return with an emphasis on current income, while also considering opportunities for capital appreciation. The fund invests more than 65% of its assets in corporate debt, primarily denominated in U.S. dollars, and typically maintains a strong allocation to investment-grade corporates, which represented over 80% of the portfolio as of mid-2025. It may also hold limited exposures to high yield corporates, U.S. Treasuries, emerging markets debt, and structured credit instruments including collateralized loan obligations and mortgage-backed securities. The fund employs a disciplined investment process stressing credit selection rather than interest rate (duration) positioning, leveraging both fundamental and quantitative risk management techniques. With a longstanding track record since its 1974 inception and assets in the multi-billion-dollar range, MFS Corporate Bond Fund Class R1 serves as a core fixed income holding for investors seeking diversified exposure to the U.S. corporate bond market, balancing income generation with prudent risk controls and a thoughtful approach to credit quality and sector allocation.
Performance
MFBGX had a total return of 3.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.18%.
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% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.03888 | Mar 2, 2026 |
| Jan 30, 2026 | $0.03996 | Feb 2, 2026 |
| Dec 31, 2025 | $0.03999 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03986 | Dec 1, 2025 |
| Oct 31, 2025 | $0.03995 | Nov 3, 2025 |
| Sep 30, 2025 | $0.04005 | Oct 1, 2025 |