MFS High Income Fund Class B (MHIBX)
| Fund Assets | 1.99B |
| Expense Ratio | 1.63% |
| Min. Investment | $1,000 |
| Turnover | 57.00% |
| Dividend (ttm) | 0.16 |
| Dividend Yield | 5.02% |
| Dividend Growth | 2.68% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 3.100 |
| YTD Return | -0.67% |
| 1-Year Return | 6.09% |
| 5-Year Return | 11.43% |
| 52-Week Low | 2.990 |
| 52-Week High | 3.170 |
| Beta (5Y) | n/a |
| Holdings | 377 |
| Inception Date | Feb 17, 1978 |
About MHIBX
MFS High Income Fund Class B is a mutual fund focused on delivering total return with an emphasis on high current income, while also considering capital appreciation. The fund primarily invests in a diversified portfolio of U.S. high yield debt instruments, allocating at least 80% of its net assets to non-investment grade corporate bonds. Managed with a disciplined approach, the fund employs bottom-up fundamental research to select issuers believed capable of weathering credit cycles, and uses top-down risk budgeting to adjust exposures based on market valuations. As of October 2025, the portfolio holds 368 issues from 232 issuers, with an average coupon of 6.65% and an average effective duration of 2.79 years. The fund’s structure is dominated by high yield corporates, with minor allocations to emerging markets debt and cash equivalents. MFS High Income Fund Class B is designed for investors seeking income and moderate capital growth within a managed risk framework, making it a core holding for those targeting high yield exposure in the U.S. fixed income market.
Performance
MHIBX had a total return of 6.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.74%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.01412 | Apr 1, 2026 |
| Feb 27, 2026 | $0.01453 | Mar 2, 2026 |
| Jan 30, 2026 | $0.01459 | Feb 2, 2026 |
| Dec 31, 2025 | $0.0146 | Dec 31, 2025 |
| Nov 28, 2025 | $0.01458 | Dec 1, 2025 |
| Oct 31, 2025 | $0.01457 | Nov 3, 2025 |