MFS Corporate Bond R6 (MFBKX)
| Fund Assets | 4.54B |
| Expense Ratio | 0.42% |
| Min. Investment | $1,000 |
| Turnover | 38.00% |
| Dividend (ttm) | 0.60 |
| Dividend Yield | 4.84% |
| Dividend Growth | 5.68% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 12.46 |
| YTD Return | 2.71% |
| 1-Year Return | 1.77% |
| 5-Year Return | -3.90% |
| 52-Week Low | 11.99 |
| 52-Week High | 12.81 |
| Beta (5Y) | n/a |
| Holdings | 428 |
| Inception Date | Jun 1, 2012 |
About MFBKX
MFS Corporate Bond Fund Class R6 is an open-end mutual fund focused on corporate debt securities. Its primary objective is to achieve total return, with an emphasis on generating current income while also considering capital appreciation. The fund invests at least 80% of its assets in investment-grade corporate bonds, but also has allocations to below investment-grade bonds, U.S. Treasuries, foreign securities, and other fixed-income assets. This diversified approach allows for broad sector exposure and risk management through both fundamental and quantitative analysis. The fund’s portfolio typically features a high proportion of investment-grade corporates, complemented by smaller allocations to high yield, emerging market debt, and various types of asset-backed securities. MFS Corporate Bond Fund Class R6 serves institutional or retirement accounts by offering R6 share class benefits such as lower expense ratios and no sales charges, making it appealing for cost-conscious investors. Its significance in the market derives from its role as a stable fixed-income option, designed to provide income and diversification within broader portfolios, especially for investors seeking consistent monthly distributions from a robust pool of high-quality debt instruments.
Performance
MFBKX had a total return of 1.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.77%.
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 | $0.05146 | Aug 1, 2025 |
| Jun 30, 2025 | $0.05146 | Jul 1, 2025 |
| May 30, 2025 | $0.05046 | Jun 2, 2025 |
| Apr 30, 2025 | $0.05046 | May 1, 2025 |
| Mar 31, 2025 | $0.05046 | Apr 1, 2025 |
| Feb 28, 2025 | $0.05046 | Mar 3, 2025 |