MFS High Income Fund Class C (MHICX)
| Fund Assets | 1.98B |
| Expense Ratio | 1.63% |
| Min. Investment | $1,000 |
| Turnover | 57.00% |
| Dividend (ttm) | 0.17 |
| Dividend Yield | 5.28% |
| Dividend Growth | 1.69% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 28, 2025 |
| Previous Close | 3.150 |
| YTD Return | 7.06% |
| 1-Year Return | 6.16% |
| 5-Year Return | 15.47% |
| 52-Week Low | 2.890 |
| 52-Week High | 3.160 |
| Beta (5Y) | n/a |
| Holdings | 373 |
| Inception Date | Feb 17, 1978 |
About MHICX
MFS High Income Fund Class C is an actively managed mutual fund focused on U.S. high yield, or below investment grade, bonds. Its primary objective is to deliver total return with an emphasis on high current income while also aiming for capital appreciation. The fund typically invests at least 80% of its net assets in high income debt instruments, including corporate bonds rated below investment grade, with a diversified portfolio drawn from hundreds of issuers across various sectors. The portfolio is managed using bottom-up fundamental research to identify companies likely to withstand credit cycles and employs top-down risk budgeting based on valuation analysis. As of the latest report, the fund holds a significant allocation in BB and B-rated bonds, with additional exposure to CCC and unrated debt, and maintains an average effective duration of about 2.8 years. The fund frequently reinvests dividends at net asset value, maximizing income distribution for shareholders. Its role in the market is to provide investors access to higher yields than are typically available from investment-grade debt, balancing income potential with credit risk management in a diversified structure.
Performance
MHICX had a total return of 6.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.36%.
Top 10 Holdings
11.98% of assets| Name | Symbol | Weight |
|---|---|---|
| Currency Cash CASH_USD | n/a | 3.37% |
| EUR/USD FWD 20260116 Purchased | n/a | 2.15% |
| iShares Broad USD High Yield Corporate Bond ETF | USHY | 1.48% |
| CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.75% | CHTR.4.75 03.01.30 144A | 0.95% |
| Jane Street Group LLC / JSG Finance Inc. 6.13% | JANEST.6.125 11.01.32 144A | 0.72% |
| Pennymac Financial Services Inc 6.88% | PFSI.6.875 02.15.33 144A | 0.70% |
| Carvana Co 9% | CVNA.9 06.01.31 144A | 0.68% |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC / (Al | ACI.6.25 03.15.33 144A | 0.65% |
| CHS/Community Health Systems Inc 5.25% | CYH.5.25 05.15.30 144A | 0.65% |
| CDI Escrow Issuer Inc. 5.75% | CHDN.5.75 04.01.30 144A | 0.64% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 28, 2025 | $0.01463 | Dec 1, 2025 |
| Oct 31, 2025 | $0.01457 | Nov 3, 2025 |
| Sep 30, 2025 | $0.01459 | Oct 1, 2025 |
| Aug 29, 2025 | $0.01359 | Sep 2, 2025 |
| Jul 31, 2025 | $0.01362 | Aug 1, 2025 |
| Jun 30, 2025 | $0.01364 | Jul 1, 2025 |