Fact sheet: MFS Meridian US CrpBnd

Fund information

Fund name
MFS Meridian US Corporate Bond W1 USD
Fund company manager
MFS Meridian Funds
Fund type
SIB
Fund manager(s)
Alexander M Mackey
since 01/03/2017
Richard O Hawkins
since 31/03/2013
Robert D Persons
since 31/03/2013
Fund objective
The fund's investment objective is to seek total return with an emphasis on current income, but also considering capital appreciation, measured in US dollars. Focuses on investment-grade debt and corporate bonds of U.S. issuers believed to have solid/improving fundamentals May also include high-yield, international and/or emerging market debt Portfolio based on intensive fundamental research and collaborative research organization that aims to avoid adverse credit events, and focuses on bottom-up security selection.
Benchmark
Barclays U.S. Credit Bond Index
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

5.29 %

1 Year rank in sector

9/29

Sector

FO Fixed Int - USD Corporate Bond

Yield
-
Fund size

£ 309.9 m

FE Risk score

47

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Money Market
    6.2%
  • Financials
    24.45%
  • Others
    14.07%
  • Information Technology
    10.6%
  • Consumer Staples
    9.25%
  • Utilities
    8.29%
  • Global Fixed Interest
    93.84%
  • Cash & Cash Equivalents
    6.16%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.34 %1.12 %5.29 %10.55 %0 %
Sector-0.55 %0.9 %3.99 %9.88 %15.6 %
Rank within sector16 / 3317 / 319 / 296 / 19 /
Quartile th2 nd3 rd2 nd2 nd th

Calendar performance

YTD-20182017201620152014
Fund-0.51 %6.4 %6.02 %-0.29 %5.53 %
Sector-0.45 %5.08 %7.49 %-1.22 %5.37 %
Rank within sector25 / 337 / 299 / 208 / 1913 / 18
Quartile th4 th1 st2 nd2 nd3 rd

Risk statistics

Alpha0.16
Beta1.03
Sharpe0.14
Volatility3.68
Tracking error1.53
Information ratio0.18
R-Squared0.83

Price movement

52 week high11.82
52 week low11.06
Current bid price0
Current offer price0
Current mid price11.74

Holdings by region

  • 6.2% Money Market

Holdings by sector

  • 24.45% Financials
  • 14.07% Others
  • 10.6% Information Technology
  • 9.25% Consumer Staples
  • 8.29% Utilities
  • 7.72% Consumer Discretionary
  • 7.56% Health Care
  • 6.2% Cash & Cash Equivalents
  • 5.58% Materials
  • 3.09% Telecommunications Utilities

Holdings by asset type

  • 93.84% Global Fixed Interest
  • 6.16% Cash & Cash Equivalents

Individual holdings

  • 2.32% US Treasury Bond 3.5% FEB 15 39
  • 1.33% JPMorgan Chase & Co 3.25 SEP 23 22
  • 1.17% AT&T Inc 3.80 MAR 01 24
  • 1.12% Anheuser-Busch InBev Finance Inc 3.3% FEB 01 23
  • 1.07% SunTrust Banks Inc 2.7% JAN 27 22
  • 1% Morgan Stanley 3.125% JUL 27 26
  • 0.97% Constellation Brands Inc 4.250 MAY 01 23
  • 0.94% Becton Dickinson and Co 4.669% JUN 06 47
  • 0.85% Sempra Energy 3.25% JUN 15 27
  • 0.83% Reckitt Benckiser Treasury Services PLC 144A 3% JUN 26 27