Fact sheet: MFS Meridian Glbl Hgh Yd

Fund information

Fund name
MFS Meridian Global High Yield WH1 GBP
Fund company manager
MFS Meridian Funds
Fund type
SIB
Fund manager(s)
William J Adams
since 01/05/2011
Matthew W Ryan
since 01/09/2014
David P Cole
since 01/02/1992
Fund objective
Seeks total return with an emphasis on a high current income but also considering capital appreciation by investing in lower quality bonds from around the world. Management focuses on bonds issued globally by companies our analysts believe have solid and/or improving credit fundamentals. Management allocates across a variety of high-yield industries and issuer. A global high yield portfolio managed to seek to enhance returns and manage risk over full market cycles A top-down risk budgeting process that adjusts global risk exposures over the course of the credit cycle Bottom-up fundamental research emphasizes selection of companies we believe are managed to withstand the credit cycle.
Benchmark
BofA Merrill Lynch Global High Yield Constrained Index USD Hedged
Investment style
High Yield
Investment method
None

Quick stats

1 Year return

7.6 %

1 Year rank in sector

-

Sector

FO Fixed Int - Global High Yield

Yield
-
Fund size

£ 739.2 m

FE Risk score

47

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    54.28%
  • UK
    5.74%
  • Brazil
    5.09%
  • Canada
    3.38%
  • France
    2.97%
  • Corporate Bonds
    77.62%
  • Debt
    20.99%
  • Cash & Cash Equivalents
    0.89%
  • Government Bonds
    0.34%
  • Energy
    0.23%
  • US Fixed Interest
    55.1%
  • Others
    26.83%
  • UK Fixed Interest
    5.7%
  • Brazilian Fixed Interest
    5.1%
  • Canadian Fixed Interest
    3.4%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.44 %3.28 %7.6 %0 %0 %
Sector0.84 %2.66 %5.75 %13.53 %24.21 %
Rank within sector / / / / /
Quartile th th th th th th

Calendar performance

YTD-20172016201520142013
Fund6.39 %13.3 %0 %0 %0 %
Sector4.96 %11.43 %-2.49 %1.36 %5.18 %
Rank within sector / / / / /
Quartile th th th th th th

Price movement

52 week high11.39
52 week low10.39
Current bid price0
Current offer price0
Current mid price11.33

Holdings by region

  • 54.28% USA
  • 5.74% UK
  • 5.09% Brazil
  • 3.38% Canada
  • 2.97% France
  • 2.49% Germany
  • 2.37% Mexico
  • 2.26% Italy
  • 1.9% Luxembourg
  • 1.8% Russia

Holdings by sector

  • 77.62% Corporate Bonds
  • 20.99% Debt
  • 0.89% Cash & Cash Equivalents
  • 0.34% Government Bonds
  • 0.23% Energy
  • 0.02% Asset/Mortgage-Backed Securities
  • -0.09% Others

Holdings by asset type

  • 55.1% US Fixed Interest
  • 26.83% Others
  • 5.7% UK Fixed Interest
  • 5.1% Brazilian Fixed Interest
  • 3.4% Canadian Fixed Interest
  • 3% French Fixed Interest
  • 0.87% Money Market

Individual holdings

  • 0.91% Telecom Italia SpA 144A 5.303 MAY 30 24
  • 0.73% CNH Industrial Finance Europe SA RegS 2.875% MAY 17 23
  • 0.66% Anglo American Capital PLC 144A 4.75% APR 10 27
  • 0.59% Consolidated Energy Finance SA 144A 6.875% JUN 15 25
  • 0.59% Royal Bank of Scotland Group PLC RegS FRB MAR 25 24
  • 0.57% CCO Holdings LLC 144A 5.125% MAY 01 23
  • 0.54% Brazilian Government International Bond 6% APR 07 26
  • 0.54% MTS International Funding Ltd RegS 5.000 MAY 30 23
  • 0.53% UBS Group AG RegS FRB DEC 29 49
  • 0.5% Altice Financing SA 144A 6.625 FEB 15 23