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

6.07 %

1 Year rank in sector

12/29

Sector

FO Fixed Int - USD Corporate Bond

Yield
-
Fund size

£ 271.0 m

FE Risk score

48

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    80.18%
  • Cash & Cash Equivalents
    6.87%
  • UK
    2.49%
  • Switzerland
    1.65%
  • France
    1.59%
  • Corporate Bonds
    89.79%
  • Cash & Cash Equivalents
    6.87%
  • Government Bonds
    2.46%
  • Debt
    0.88%
  • Others
    0%
  • Global Investment Grade Fixed Interest
    83.2%
  • Global High Yield Fixed Interest
    8.9%
  • Cash & Cash Equivalents
    4%
  • US Government Fixed Interest
    2.4%
  • Global Emerging Market Fixed Interest
    1.5%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.09 %2.18 %6.07 %11.96 %0 %
Sector-0.01 %1.95 %5.65 %10.96 %16.01 %
Rank within sector22 / 3314 / 3212 / 296 / 19 /
Quartile th3 rd2 nd2 nd2 nd th

Calendar performance

YTD-20172016201520142013
Fund5.5 %6.02 %-0.29 %5.53 %0 %
Sector4.64 %7.49 %-1.22 %5.37 %-1.46 %
Rank within sector10 / 309 / 208 / 1913 / 18 /
Quartile th2 nd2 nd2 nd3 rd th

Risk statistics

Alpha0.34
Beta1.02
Sharpe0.1
Volatility3.67
Tracking error1.55
Information ratio0.25
R-Squared0.82

Price movement

52 week high11.82
52 week low10.98
Current bid price0
Current offer price0
Current mid price11.7

Holdings by region

  • 80.18% USA
  • 6.87% Cash & Cash Equivalents
  • 2.49% UK
  • 1.65% Switzerland
  • 1.59% France
  • 1.43% Canada
  • 1.33% Netherlands
  • 1% Italy
  • 0.88% Mexico
  • 0.69% Germany

Holdings by sector

  • 89.79% Corporate Bonds
  • 6.87% Cash & Cash Equivalents
  • 2.46% Government Bonds
  • 0.88% Debt
  • 0% Others

Holdings by asset type

  • 83.2% Global Investment Grade Fixed Interest
  • 8.9% Global High Yield Fixed Interest
  • 4% Cash & Cash Equivalents
  • 2.4% US Government Fixed Interest
  • 1.5% Global Emerging Market Fixed Interest

Individual holdings

  • 2.46% US Treasury Bond 3.5% FEB 15 39
  • 1.38% JPMorgan Chase & Co 3.25 SEP 23 22
  • 1.25% AT&T Inc 3.80 MAR 01 24
  • 1.14% SunTrust Banks Inc 2.7% JAN 27 22
  • 1.06% Constellation Brands Inc 4.250 MAY 01 23
  • 1.06% Morgan Stanley 3.125% JUL 27 26
  • 1% Enel Finance International NV 144A 4.75% MAY 25 47
  • 0.99% Becton Dickinson and Co 4.669% JUN 06 47
  • 0.91% Sempra Energy 3.25% JUN 15 27
  • 0.89% Reckitt Benckiser Treasury Services PLC 144A 3% JUN 26 27