About MGBLX
MFS Global Opportunistic Bond Fund Class R2 is an actively managed mutual fund that seeks total return with an emphasis on current income while also considering capital appreciation. The strategy allocates across global fixed income markets using a flexible, research-driven approach to identify inefficiencies in interest rates, currencies, and credit, aiming for attractive long-term risk-adjusted outcomes. The portfolio primarily invests in investment‑grade bonds worldwide but has latitude to use derivatives and allocate to below‑investment‑grade exposures following strategy updates made in 2021. Benchmarking against the Bloomberg Global Aggregate Bond Index, the fund’s mandate spans government, corporate, and securitized sectors across developed and emerging markets, with active use of futures, interest rate swaps, and currency forwards for positioning and risk management. Class R2 shares are designated for eligible investors and have been closed to purchases from new eligible investors since September 29, 2023. With nearly $1.0 billion in assets as of June 30, 2025, the fund represents MFS’s global, multi‑sector bond capability, offering diversified exposure to interest rate and credit drivers within a USD‑hedged global bond framework.
Fund Family MFS
Category World Bond-USD Hedged
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol MGBLX
Share Class R2
Index Bloomberg Global Aggregate TR USD Hedged
MGBLX had a total return of -1.51% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.26%.
