MFS High Income Fund Class R2 (MIHRX)
| Fund Assets | 1.99B |
| Expense Ratio | 1.13% |
| Min. Investment | $1,000 |
| Turnover | 57.00% |
| Dividend (ttm) | 0.18 |
| Dividend Yield | 5.83% |
| Dividend Growth | 2.30% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 3.130 |
| YTD Return | 0.51% |
| 1-Year Return | 7.79% |
| 5-Year Return | 17.73% |
| 52-Week Low | 2.830 |
| 52-Week High | 3.140 |
| Beta (5Y) | n/a |
| Holdings | 375 |
| Inception Date | Oct 31, 2003 |
About MIHRX
MFS High Income Fund Class R2 is an open-end mutual fund specializing in high-yield, below investment-grade U.S. corporate bonds. Its primary objective is to generate total return with an emphasis on **high current income**, while also considering opportunities for capital appreciation. The fund constructs a core portfolio of high-yield corporate debt, primarily focusing on securities rated below investment grade, which tend to offer higher yields accompanied by greater credit risk. The investment process combines rigorous bottom-up fundamental research for security selection—identifying issuers with resilient credit profiles—with top-down risk budgeting to manage portfolio risk across market cycles. As of October 2025, the fund manages nearly $2 billion in assets, investing predominantly in high-yield corporate debt, with modest allocations to emerging markets debt, equities, and cash. The average coupon rate is approximately 6.65%, with an effective duration of 2.79 years and an average effective maturity of 3.64 years. The fund tracks the Bloomberg U.S. High-Yield Corporate Bond 2% Issuer Capped Index and serves as a core holding for investors seeking diversified exposure to the U.S. high-yield bond market, balancing yield generation with disciplined risk management.
Performance
MIHRX had a total return of 7.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.43%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.0158 | Feb 2, 2026 |
| Dec 31, 2025 | $0.0158 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0158 | Dec 1, 2025 |
| Oct 31, 2025 | $0.01579 | Nov 3, 2025 |
| Sep 30, 2025 | $0.0158 | Oct 1, 2025 |
| Aug 29, 2025 | $0.01476 | Sep 2, 2025 |