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

3.52 %

1 Year rank in sector

11/26

Sector

FO Fixed Int - USD Corporate Bond

Yield
-
Fund size

£ 257.5 m

FE Risk score

47

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    82.09%
  • Cash & Cash Equivalents
    3.75%
  • UK
    2.68%
  • Canada
    2.43%
  • Switzerland
    1.79%
  • Corporate Bonds
    92.82%
  • Cash & Cash Equivalents
    3.75%
  • Government Bonds
    2.92%
  • Debt
    0.5%
  • Others
    0.01%
  • Global Investment Grade Fixed Interest
    82.4%
  • Global High Yield Fixed Interest
    10.4%
  • Cash & Cash Equivalents
    3.8%
  • US Government Fixed Interest
    2.9%
  • Global Emerging Market Fixed Interest
    0.5%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.51 %3.44 %3.07 %11.92 %0 %
Sector0.62 %2.61 %3.85 %10.69 %16.09 %
Rank within sector13 / 337 / 3211 / 268 / 19 /
Quartile th2 nd1 st2 nd2 nd th

Calendar performance

YTD-20172016201520142013
Fund5.86 %6.02 %-0.29 %5.53 %0 %
Sector4.84 %7.49 %-1.22 %5.37 %-1.46 %
Rank within sector10 / 3110 / 209 / 1913 / 18 /
Quartile th2 nd2 nd2 nd3 rd th

Risk statistics

Alpha0.47
Beta1.03
Sharpe0.17
Volatility3.7
Tracking error1.54
Information ratio0.35
R-Squared0.83

Price movement

52 week high11.82
52 week low10.98
Current bid price0
Current offer price0
Current mid price11.74

Holdings by region

  • 82.09% USA
  • 3.75% Cash & Cash Equivalents
  • 2.68% UK
  • 2.43% Canada
  • 1.79% Switzerland
  • 1.72% France
  • 1.45% Netherlands
  • 0.74% Germany
  • 0.65% Portugal
  • 0.62% Italy

Holdings by sector

  • 92.82% Corporate Bonds
  • 3.75% Cash & Cash Equivalents
  • 2.92% Government Bonds
  • 0.5% Debt
  • 0.01% Others

Holdings by asset type

  • 82.4% Global Investment Grade Fixed Interest
  • 10.4% Global High Yield Fixed Interest
  • 3.8% Cash & Cash Equivalents
  • 2.9% US Government Fixed Interest
  • 0.5% Global Emerging Market Fixed Interest

Individual holdings

  • 2.92% US Treasury Bond 3.5% FEB 15 39
  • 1.23% SunTrust Banks Inc 2.7% JAN 27 22
  • 1.14% Constellation Brands Inc 4.250 MAY 01 23
  • 1.14% Morgan Stanley 3.125% JUL 27 26
  • 0.98% Sempra Energy 3.25% JUN 15 27
  • 0.96% Reckitt Benckiser Treasury Services PLC 144A 3% JUN 26 27
  • 0.92% JPMorgan Chase & Co 3.25 SEP 23 22
  • 0.92% Verizon Communications Inc 4.500 SEP 15 20
  • 0.9% Intel Corp 4.1% MAY 11 47
  • 0.84% General Motors Financial Co Inc 3.45% APR 10 22