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
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

2.82 %

1 Year rank in sector

12/25

Sector

FO Fixed Int - USD Corporate Bond

Yield
-
Fund size

£ 254.0 m

FE Risk score

47

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    82.44%
  • Canada
    2.92%
  • Cash & Cash Equivalents
    2.63%
  • France
    2.29%
  • UK
    2.2%
  • Corporate Bonds
    94.85%
  • Cash & Cash Equivalents
    2.63%
  • Government Bonds
    1.96%
  • Debt
    0.49%
  • Others
    0.07%
  • 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
Fund0.26 %4.38 %2.82 %12.43 %0 %
Sector0.03 %3.21 %3.04 %11.04 %16.89 %
Rank within sector12 / 336 / 3212 / 258 / 19 /
Quartile th2 nd1 st2 nd2 nd th

Calendar performance

YTD-20172016201520142013
Fund5.23 %6.02 %-0.29 %5.53 %0 %
Sector4.18 %7.49 %-1.22 %5.37 %-1.46 %
Rank within sector11 / 3110 / 209 / 1913 / 18 /
Quartile th2 nd2 nd2 nd3 rd th

Risk statistics

Alpha0.21
Beta1.05
Sharpe0.03
Volatility3.87
Tracking error1.57
Information ratio0.22
R-Squared0.84

Price movement

52 week high11.82
52 week low10.98
Current bid price0
Current offer price0
Current mid price11.67

Holdings by region

  • 82.44% USA
  • 2.92% Canada
  • 2.63% Cash & Cash Equivalents
  • 2.29% France
  • 2.2% UK
  • 1.83% Switzerland
  • 1.48% Netherlands
  • 0.76% Germany
  • 0.66% Portugal
  • 0.63% Italy

Holdings by sector

  • 94.85% Corporate Bonds
  • 2.63% Cash & Cash Equivalents
  • 1.96% Government Bonds
  • 0.49% Debt
  • 0.07% 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

  • 1.96% US Treasury Bond 3.5% FEB 15 39
  • 1.25% SunTrust Banks Inc 2.7% JAN 27 22
  • 1.16% Constellation Brands Inc 4.250 MAY 01 23
  • 1.15% Morgan Stanley 3.125% JUL 27 26
  • 1% Sempra Energy 3.25% JUN 15 27
  • 0.97% Reckitt Benckiser Treasury Services PLC 144A 3% JUN 26 27
  • 0.94% JPMorgan Chase & Co 3.25 SEP 23 22
  • 0.94% Verizon Communications Inc 4.500 SEP 15 20
  • 0.86% General Motors Financial Co Inc 3.45% APR 10 22
  • 0.85% Priceline Group Inc 3.6% JUN 01 26