MFS High Income R3 (MHIHX)
| Fund Assets | 1.95B |
| Expense Ratio | 0.88% |
| Min. Investment | $1,000 |
| Turnover | 57.00% |
| Dividend (ttm) | 0.19 |
| Dividend Yield | 5.96% |
| Dividend Growth | 2.02% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 3.120 |
| YTD Return | 2.63% |
| 1-Year Return | 4.56% |
| 5-Year Return | 14.71% |
| 52-Week Low | 2.980 |
| 52-Week High | 3.130 |
| Beta (5Y) | n/a |
| Holdings | 384 |
| Inception Date | Apr 1, 2005 |
About MHIHX
MFS High Income Fund Class R3 is a mutual fund focused on delivering a high level of current income, with secondary consideration given to capital appreciation. As a high-yield bond fund, it primarily invests at least 80% of its net assets in high-income debt instruments, with the flexibility to allocate up to 100% to below investment-grade, or "junk," bonds. This approach exposes the fund to higher credit and default risk, but aims to compensate investors with higher yields compared to traditional investment-grade bond funds. The fund is actively managed using a combination of bottom-up fundamental research and top-down risk budgeting. Portfolio managers emphasize selecting issuers they believe are resilient across credit cycles, while also adjusting risk exposures based on changing market valuations. Its diversified portfolio typically includes hundreds of holdings across the U.S. corporate high-yield bond market. The fund pays monthly dividends and is designed for investors seeking steady income flows from exposure to high-yield securities. MFS High Income Fund Class R3 plays a notable role in the market by offering access to the risk-return dynamics of the U.S. high-yield sector within a professionally managed framework.
Performance
MHIHX had a total return of 4.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.55%.
Top 10 Holdings
8.95% of assets| Name | Symbol | Weight |
|---|---|---|
| Currency Cash CASH_USD | n/a | 2.39% |
| USD/EUR FWD 20250718 Purchased | n/a | 0.99% |
| CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.75% | CHTR.4.75 03.01.30 144A | 0.96% |
| FMG Resources (August 2006) Pty Ltd. 4.38% | FMGAU.4.375 04.01.31 144A | 0.85% |
| Ritchie Bros. Holdings Inc 7.75% | RBACN.7.75 03.15.31 144A | 0.64% |
| CDI Escrow Issuer Inc. 5.75% | CHDN.5.75 04.01.30 144A | 0.63% |
| Community Health Systems Incorporated 5.25% | CYH.5.25 05.15.30 144A | 0.62% |
| Jane Street Group LLC / JSG Finance Inc. 6.13% | JANEST.6.125 11.01.32 144A | 0.62% |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC / (Al | ACI.6.25 03.15.33 144A | 0.62% |
| Hilton Domestic Operating Co Inc. 4.88% | HLT.4.875 01.15.30 | 0.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.01546 | Aug 1, 2025 |
| Jun 30, 2025 | $0.01546 | Jul 1, 2025 |
| May 30, 2025 | $0.01547 | Jun 2, 2025 |
| Apr 30, 2025 | $0.01546 | May 1, 2025 |
| Mar 31, 2025 | $0.01546 | Apr 1, 2025 |
| Feb 28, 2025 | $0.01551 | Mar 3, 2025 |