MFS High Income R3 (MHIHX)
| Fund Assets | 1.98B |
| Expense Ratio | 0.88% |
| Min. Investment | $1,000 |
| Turnover | 57.00% |
| Dividend (ttm) | 0.19 |
| Dividend Yield | 6.00% |
| Dividend Growth | 1.11% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 3.110 |
| YTD Return | 3.62% |
| 1-Year Return | 3.82% |
| 5-Year Return | 14.21% |
| 52-Week Low | 2.980 |
| 52-Week High | 3.160 |
| Beta (5Y) | n/a |
| Holdings | 375 |
| 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 3.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.56%.
Top 10 Holdings
11.10% of assets| Name | Symbol | Weight |
|---|---|---|
| Currency Cash CASH_USD | n/a | 3.35% |
| iShares Broad USD High Yield Corporate Bond ETF | USHY | 1.49% |
| USD/EUR FWD 20251017 Purchased | n/a | 1.22% |
| CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.75% | CHTR.4.75 03.01.30 144A | 0.99% |
| FMG Resources (August 2006) Pty Ltd. 4.38% | FMGAU.4.375 04.01.31 144A | 0.85% |
| Pennymac Financial Services Inc 6.88% | PFSI.6.875 02.15.33 144A | 0.66% |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC / (Al | ACI.6.25 03.15.33 144A | 0.66% |
| CDI Escrow Issuer Inc. 5.75% | CHDN.5.75 04.01.30 144A | 0.65% |
| Ritchie Bros. Holdings Inc 7.75% | RBACN.7.75 03.15.31 144A | 0.63% |
| Community Health Systems Incorporated 5.25% | CYH.5.25 05.15.30 144A | 0.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.01651 | Oct 1, 2025 |
| Aug 29, 2025 | $0.01546 | Sep 2, 2025 |
| 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 |