About MIOCX
MFS Income Fund Class C is a mutual fund focused on delivering total return for investors, emphasizing high current income while also considering opportunities for capital appreciation. The fund distinguishes itself through a flexible investment strategy, actively allocating assets across a wide spectrum of global fixed-income markets. It invests in a broad range of securities, including high-grade and high-yield corporate bonds, U.S. Treasuries, international and emerging market debt, as well as mortgage-backed, agency-backed, and asset-backed securities. This diversification allows the fund to manage varying credit qualities and interest rate sensitivities within its portfolio. MFS Income Fund Class C is benchmarked to the Bloomberg U.S. Aggregate Bond Index, reflecting its aim to provide exposure to the broader bond market and serve as a core-plus bond holding for investors seeking regular income. Established in 1987, the fund has a substantial asset base, further underscoring its significance in the fixed-income space for individual and institutional participants alike. The fund's structure as a Class C share means it typically features level load fees, making it suitable for investors with specific preferences for fee arrangements.
Fund Family MFS
Category Intermediate Core-Plus Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol MIOCX
Share Class C
Index Bloomberg U.S. Aggregate Bond TR
MIOCX had a total return of -2.05% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.09%.
