About MRBJX
MFS Total Return Bond Fund Class R4 is a mutual fund specializing in fixed income investments, primarily seeking to deliver a high total return through current income and long-term capital growth. The fund predominantly invests at least 65% of its assets in a diversified portfolio of fixed income securities, which include U.S. Treasury notes and bonds, government agency securities, and investment-grade corporate bonds. Additionally, it has flexibility to allocate assets to below-investment-grade bonds when suitable opportunities arise, providing potential for enhanced yield while taking on moderate credit risk.
Designed for investors who value consistent income and relative stability, the fund routinely features a broad array of positions, as indicated by over 1,100 different holdings, with no heavy concentration in a small number of securities. Managed with an intermediate core-plus bond strategy, it targets an average effective maturity and duration that align it closely with its benchmark, the Bloomberg U.S. Aggregate Bond Index. The fund plays a significant role in diversified portfolios by contributing interest income, managing interest rate and credit risk, and serving as a stabilizing component during volatile equity market periods.
Fund Family MFS
Category Intermediate Core-Plus Bond
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol MRBJX
Share Class R4
Index Bloomberg U.S. Aggregate Bond TR
MRBJX had a total return of -1.68% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.11%.
