MFS High Income Fund Class R1 (MHIGX)
| Fund Assets | 1.99B |
| Expense Ratio | 1.63% |
| Min. Investment | $1,000 |
| Turnover | 57.00% |
| Dividend (ttm) | 0.16 |
| Dividend Yield | 5.01% |
| Dividend Growth | 2.69% |
| 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 | 11.11% |
| 52-Week Low | 2.990 |
| 52-Week High | 3.170 |
| Beta (5Y) | 0.37 |
| Holdings | 377 |
| Inception Date | Apr 1, 2005 |
About MHIGX
MFS High Income Fund Class R1 is a mutual fund designed to provide investors with a high level of income by focusing on investments primarily in high-yield corporate bonds, commonly referred to as "junk bonds" due to their lower credit ratings and higher risk profile. The fund is actively managed by MFS Investment Management and seeks to maximize income generation while navigating credit risk, interest rate fluctuations, and market volatility. This fund typically holds a diversified portfolio of debt securities across various industries, aiming to capture above-average yields while maintaining prudent risk controls. It plays a significant role in the fixed-income segment of the financial markets, offering exposure to sectors that benefit from economic growth and corporate refinancing activities, while balancing the inherent risks of lower-rated issuers. With assets under management nearing $2 billion, MFS High Income Fund Class R1 serves institutional retirement plans and individual investors seeking regular income, complementing traditional equity or investment-grade bond allocations.
Performance
MHIGX had a total return of 6.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.96%.
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 |